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    #31
    Originally posted by Unregistered View Post
    I would not get too excited about the numbers off of the 990 (The IRS Form 990 is for organizations with annual receipts of more than $100000 or total assets more than $250000)

    These have to be filed and there are rules as to how much cash can be held by a Not for profit. There are also rules as to how the money is supposed to be spent. For example in a true 501C the money made from "rec" soccer should go back to rec soccer. Do this orgs do that? Unlikely. Negative assets could be very deceiving to someone who does not know this stuff very well.
    SO TA is breaking tax rules by taking money from rec soccer and using it for their own purposes.

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      #32
      Originally posted by Unregistered View Post
      SO TA is breaking tax rules by taking money from rec soccer and using it for their own purposes.


      So it the electric company!! So are the coaches that work at all the non-profit soccer clubs, like THUSC and FCP!!! They are taking money for their own purposes!!

      Oh wait, you say they were hired to provide a service? Oh.

      Oh wait, you don't have an advanced degree in exempt organization taxation? You don't really know your head from the hole in the wall when it comes to tax law?

      Ok, sorry, you are a special person and don't let anyone tell you otherwise.

      Comment


        #33
        Originally posted by Unregistered View Post
        So it the electric company!! So are the coaches that work at all the non-profit soccer clubs, like THUSC and FCP!!! They are taking money for their own purposes!!

        Oh wait, you say they were hired to provide a service? Oh.

        Oh wait, you don't have an advanced degree in exempt organization taxation? You don't really know your head from the hole in the wall when it comes to tax law?

        Ok, sorry, you are a special person and don't let anyone tell you otherwise.
        There are no designated rec clubs in OPL, there are designated rec clubs on OYSA and TA takes money from them.

        Comment


          #34
          Originally posted by Unregistered View Post
          So it the electric company!! So are the coaches that work at all the non-profit soccer clubs, like THUSC and FCP!!! They are taking money for their own purposes!!

          Oh wait, you say they were hired to provide a service? Oh.

          Oh wait, you don't have an advanced degree in exempt organization taxation? You don't really know your head from the hole in the wall when it comes to tax law?

          Ok, sorry, you are a special person and don't let anyone tell you otherwise.
          The coaches at Thusc and fcp are profiting from youth soccer? Bring them up on charges! This is travesty! The referees that work the game are profiting from youth soccer? That is outrageous! We should get together and file a formal complaint. The people who sell the soccer balls and cleats are making money too? Nobody providing any services should get paid!! This should all be free! Is this why ECNL costs so much?!

          Why do we put up with this? I'm calling in CSI.

          Comment


            #35
            Non Profit Blues

            Originally posted by Unregistered View Post
            The coaches at Thusc and fcp are profiting from youth soccer? Bring them up on charges! This is travesty! The referees that work the game are profiting from youth soccer? That is outrageous! We should get together and file a formal complaint. The people who sell the soccer balls and cleats are making money too? Nobody providing any services should get paid!! This should all be free! Is this why ECNL costs so much?!

            Why do we put up with this? I'm calling in CSI.
            Deal with it.

            Comment


              #36
              Originally posted by Unregistered View Post
              Deal with it.
              I assume you know he/she was being sarcastic?

              Comment

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