NONPROFIT - FOR PROFIT
(Incorporated or Unincorporated)
ASSOCIATIONS
Automatic Membership/Yearly Renewal
Qualification Minimum......
Two or Three High School Contracts
No Exemption - Must Pay Corporate Taxes
What does high school booster clubs, school PTOs, and Little League organizations have in common with local sports associations?
Answer: All must file Form 990 or Form 1120 !!
Answer: All must file Form 990 or Form 1120 !!
Its the responsibility of the school's principal to oversee operations of school booster clubs. Georgia PTO of Georgia oversees compliance of PTO charters at each school.
No third party oversees the operations of approved local sports officials associations. These associations are free to operate as they see fit, noncompliance with federal and state requirements.
Note: Some version of Form 990 is now required of all 501(c) organizations (except churches, some religious organizations), regardless of gross revenue or past filing requirements...
even if an organization, unincorporated or incorporated, has not yet filed for official 501(c) tax exemption.
Deadline for filing was May 16th, 2011 for calendar year 2010, all others by the fifth month after closing financial records for the school year.
Example: Basketball associations should file Form 990 or Form 1120 no later than 15 July of current year
No third party oversees the operations of approved local sports officials associations. These associations are free to operate as they see fit, noncompliance with federal and state requirements.
Note: Some version of Form 990 is now required of all 501(c) organizations (except churches, some religious organizations), regardless of gross revenue or past filing requirements...
even if an organization, unincorporated or incorporated, has not yet filed for official 501(c) tax exemption.
Significant penalties, (and even revocation
of tax-exempt status,) can result from failure to file a timely and accurate return.
Deadline for filing was May 16th, 2011 for calendar year 2010, all others by the fifth month after closing financial records for the school year.
Example: Basketball associations should file Form 990 or Form 1120 no later than 15 July of current year
Its pays to have access to a professional with nonprofit expertise or a licensed IRS Enrolled Agent.
No IRS Determination Letter equals "for profit" organization,
School Districts/Schools must withhold "28" percent of 1099 contractual payment!!
The days of not filing a tax return will end in 2012!!
EIN determines association compliance
School Districts/Schools must withhold "28" percent of 1099 contractual payment!!
The days of not filing a tax return will end in 2012!!
EIN determines association compliance
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Baseball (27)
Albany Baseball Umpires Atlanta Baseball Umpires Augusta Baseball Umpire Capitol City Officials Central Georgia Baseball Chattahoochee Baseball Columbus Baseball Officials Deep South Officials Association Diamond Baseball and Softball Emerald City Officials Assn. Flint River Umpires Gold Coast Officials Assn. Greater Savannah Area Baseball Hinesville Umpires Houston County Sports Officials Lanier Baseball Officials Marietta Umpires Middle Georgia Umpires Multi-County Umpires North GA Officials Rome Officials South Georgia Baseball Officials Assn, Inc Sports Officials Baseball Statesboro Officials TARA Umpires Troup County Umpires West Georgia Umpires |
Basketball (33)
Albany Area Basketball Officials Assn Atlanta Area Basketball Atlanta Quarterback Club Assn Augusta Basketball Officials Assn Chattahoochee Basketball Officials Assn Cherokee Basketball Coastal Basketball Officials Assn Columbus Basketball Association Georgia Basketball Officials Assn Georgia District II Officials Georgia Independent Officials Assn Georgia Mountain Basketball Georgia Officials Gold Coast Officials Association Greater Georgia Basketball Greater Georgia Sports Officials Assn Hinesville Basketball Officials Assn Metro Basketball Officials Association Middle Georgia Basketball Officials North Georgia Basketball Officials Assn Northeast Georgia Officials Association Oconee Basketball Officials Association Peach State Basketball Officials Assn Peach State Umpires Savannah Basketball Officials Assn South Atlanta Basketball Officials Southeastern Basketball Officials Assn Southern Area Basketball Officials Assn Southern Basketball Officials Assn Sowego Basketball Officials Assn West Metro Sports Officials Assn Warner Robins Basketball Officials Assn |
Football (25)
All Star Football Officials Atlanta Area Football Officials, Inc Atlanta Peachstate Football Officials Augusta Association of Football Officials Coastal Football Officials Columbus Football Officials Emerald City Football Officials Etowah Valley Football Georgia Football Officials, Inc Georgia Independent Officials Gold Coast Officials Goldleaf Football Officials Hinesville Football Officials International City Football Officials Lanier Football Officials Assn, Inc Macon Independent Football Officials Middle Georgia Football Officials Milledgeville Football Officials Multi-County Football Officials, Inc Northeast Georgia Football Officials Northwest GA Football Officials Southern Football Officials Warner Robins Football Officials West Georgia Football Officials West Metro Sports Officials |
BOLD equals state registered or have "IRS DETERMINATION LETTER"
All others are not in compliance, per IRS directives are "for profit" organizations
The above link allows you to search for state registered associations