Del Amigo Pool Association

“Membership in the Del Amigo Pool Association consists of residents who use the swim club for recreation and/or youth athletic activities.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.”

“Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“There are no management-level employees of the Organization. The management responsibilities are performed by an all-volunteer Board of Directors.”

“Employees of the Swim Club are generally teenagers seeking part-time summer employment. The Organization has a standard job application and review process. The responsibility for making sure that compensation levels are reasonable and consistent with other swim clubs lies with members of the Board of Directors.”

“Tax returns are available for download from several websites and by request from the organization's office in Danville, California.”

“All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.”

“Adjustment to Prior year loan principal and interest = $16750”