2022-01-25T14:05:29-06:00 2020-07-31 203985546 JOHNSON OCONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2019-08-01 823700441 FC GREATER BOSTON BOLTS INC FCGR 4132622556 PO BOX 1078 FRAMINGHAM MA 01701 BRIAN AINSCOUGH CEO 4132622556 2022-01-25 1 GISO JOSEPH P00030126 7819143400 2022-01-25 2019 2022-09-23 18:48:47Z X BRIAN AINSCOUGH PO BOX 1078 FRAMINGHAM MA 01701 2160642 0 X HTTPS://WWW.BOSTONBOLTS.COM/ X 2018 MA TO DEVELOP EXCEPTIONAL SOCCER PLAYERS THAT ARE PREPARED TO COMPETE AT THE COLLEGIATE, NATIONAL OR PROFESSIONAL LEVEL, BY PROVIDING THE HIGHEST QUALITY SOCCER RESOURCES, SUPERIOR TECHNICAL CURRICULUM, COMPETITIVE ATHLETIC PROGRAMS AND PERSONAL GROWTH OPPORTUNITIES THAT SUPPORT A SUCCESSFUL FUTURE. 5 3 42 17 0 0 401957 323246 2290011 1748751 0 -4575 0 0 2691968 2067422 0 0 0 0 680538 916589 0 0 6682 2214991 1213049 2895529 2129638 -203561 -62216 1037330 1468022 1309035 1801627 -271705 -333605 X TO DEVELOP EXCEPTIONAL SOCCER PLAYERS WHO ARE PREPARED TO COMPETE AT THE COLLEGIATE, NATIONAL OR PROFESSIONAL LEVEL, BY PROVIDING THE HIGHEST QUALITY SOCCER RESOURCES, SUPERIOR TECHNICAL CURRICULUM, COMPETITIVE ATHLETIC PROGRAMS AND PERSONAL GROWTH OPPORTUNITIES THAT SUPPORT A SUCCESSFUL FUTURE. 0 0 1642374 1748751 EDUCATION - PROMOTED EDUCATIONAL AND CULTURAL BENEFITS OF SOCCER. TEACHING FAIR PLAY WITH RESPECT FOR OTHER PLAYERS, COACHES AND REFEREES. EACH LEAGUE SUPPLIED SEASONAL PROGRAM BOOKLET DESCRIBING ATTITUDES EXPECTED AND THE PROPER WAY TO PLAY SOCCER, LEADING TO IMPROVEMENT OF THE SPORT PLAYER. DEVELOPMENT - CLUB ENCOURAGES TEAMS AND PLAYERS TO PARTICIPATE IN CLUB AND LEAGUE ORGANIZED SESSIONS, CLINICS, AND TOURNAMENTS. COMPETITIVE GAMES - FOSTER NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION. ASSIST SOCCER PLAYERS TO TEAM UP WITH AND/ OR PLAY AGAINST CHILDREN FROM ALL DIFFERENT TOWNS, STATES AND COUNTRIES. TEAMS AND DIVISIONS ARE DESIGNED TO ENCOURAGE DEVELOPMENT AT THE PLAYER LEVEL. SUPPORT FURTHER COMPETITION - THE ORGANIZATION PROVIDES SUPPORT FOR ITS TEAMS TO COMPETE NATIONALLY AND INTERNATIONALLY. 1642374 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 1 42 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 MA X X X SMITH UTUBOR 4132622556 PO BOX 1078 FRAMINGHAM MA 01701 BRIAN AINSCOUGH CEO 40.00 X X 122351 0 0 MARCUS KOOLMAN DIRECTOR/EX.TECH DIR/DIR. COACHING 40.00 X 55869 0 0 CHRISTIAN HABERSAAT PRESIDENT 1.00 X X 0 0 0 SCOTT MATTHEWS TREASURER 1.00 X X 0 0 0 STEPHEN GIBBS CLERK/GENERAL MANAGER 1.00 X X 0 0 0 178220 0 0 1 0 0 0 0 71916 10000 241330 200000 323246 TEAM REGISTRATION AND 713990 1583668 1583668 CAMPS AND CLINICS 713990 93845 93845 TOURNAMENTS 713990 71238 71238 1748751 368 368 70753 75696 -4943 -4943 -4943 17524 71916 17524 0 2067422 1748751 0 -4575 443676 272211 171465 363211 339504 17780 5927 34228 34228 75474 56605 18114 755 28000 28000 3652 3652 58060 58060 102206 99566 2640 9346 9346 908 908 14155 10769 3386 31374 31374 51122 39842 11280 4156 4156 77148 759 76389 5218 5218 FIELDS 432648 432648 DONATED EQUIPMENT 200000 200000 TOURNAMENT EXPENSE 103736 103736 CREDIT CARD FEES 27356 27356 63964 50032 13932 2129638 1642374 480582 6682 306016 808619 6292 30069 76023 69911 15472 6736 22552 8736 626447 550687 1037330 1468022 114820 197285 1194215 1205746 398596 1309035 1801627 X -271705 -333605 -271705 -333605 1037330 1468022 -62216 316 0 X X 0 1 X 1 0 X 277413 401957 323246 1002616 1121072 2290011 1748751 5159834 1398485 2691968 2071997 6162450 0 0 0 6162450 63 212 368 643 63 212 368 643 1398548 2692180 2072365 6163093 X SCHEDULE A- PAGE 3- PART III- PUBLIC SUPPORT IN THE YEAR ENDING JULY 31, 2018, FC GREATER BOSTON BOLTS INC DEMERGED AND FILED ITS FIRST RETURN WHICH CONSISTED OF 6 MONTHS ACTIVITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7472 402 7070 8000 6334 1666 8736 GOODWILL, NET OF AMORTIZATION 509205 DEPOSITS 21482 FRANCHISE FEE 20000 550687 X 2084946 17524 17524 2067422 0 2067422 2147162 17524 17524 2129638 0 2129638 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES IN ACCORDANCE WITH SECTION 501(C )( 3) OF THE INTERNAL REVENUE CODE AND STATE AND LOCAL TAXES UNDER MASSACHUSETTS SECTION 180 ACCORDINGLY, NO PROVISION FOR INCOME TAX IS REQUIRED CONTRIBUTIONS MADE TO THE ORGANIZATION ARE DEDUCTIBLE WITHIN THE LIMITS OF INTERNAL REVENUE CODE REGULATIONS PERTAINING TO CHARITABLE CONTRIBUTIONS IN ACCORDANCE WITH GAAP, THE ORGANIZATION MUST IDENTIFY, RECOGNIZE, MEASURE, AND DISCLOSE IN ITS FINANCIAL STATEMENTS THE EFFECTS OF ANY UNCERTAIN TAX REPORTING POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECT TO TAKE THE ORGANIZATION MUST RECOGNIZE AN UNRECOGNIZED TAX BENEFIT WHEN, DESPITE THE ORGANIZATION'S BELIEF THAT ITS TAX RETURN POSITIONS ARE SUPPORTABLE, IT IS POSSIBLE THAT CERTAIN POSITIONS MAY NOT BE FULLY SUSTAINED UPON REVIEW BY TAX AUTHORITIES BENEFITS FROM TAX POSITION ARE MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT THE ORGANIZATION RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN FUNCTIONAL EXPENSES NO SUCH INTEREST OR PENALTIES WERE RECOGNIZED DURING THE PERIOD PRESENTED THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND PENALTIES AT JULY 31, 2020 TO THE EXTENT THAT THE FINAL TAX OUTCOME OF THESE MATTERS IS DIFFERENT THAN THE AMOUNTS RECORDED, SUCH DIFFERENCES IMPACT INCOME TAX EXPENSE IN THE PERIOD IN WHICH SUCH DETERMINATION IS MADE MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSOTIONS AGAINST RETURNS FILED AND HAS DETERMINED NO ADDITIONAL ADJUSTMENTS ARE NECESSARY THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES FOR THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS NETTED 17,524. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS NETTED 17,524. 24 HOUR SOCCER MARATHON 89440 71916 17524 17524 89440 71916 17524 17524 17524 0 X EQUIPMENT AND UNIFORMS 0 200000 RETAIL VALUE 0 0 0 FORM 990, PAGE 1, LINE B THE FINANCIAL STATEMENTS FOR THE CURRENT PERIOD WERE RESTATED FOR VARIOUS ITEMS WHICH AFFECTED THE PAGE 9, PART VIII, STATEMENT OF REVENUE; PAGE 10, PART IX, STATEMENT OF FUNCTIONAL EXPENSES; AND PAGE 11, PART X, BALANCE SHEET. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE COMPARED WITH EQUIVALENT POSITIONS IN THE SURROUNDING AREA. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST; GUIDESTAR.ORG; MASS. ATTORNEY GERNAL WEBSITE -HTTP://WWW.CHARITIES.AGO.STATE.MA.US/CHARITIES/ AND OTHER SIMILAR TYPES OF WEBSITES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR UPON REQUEST. POLCIES AND PROCEDURES THE ORGANIZATION IS CURRENTLY COMPILING AND EVALUATING THE FOLLOWING DOCUMENTS FOR IMPLEMENTATION: CONFLICT OF INTERST POLICY WHISTLEBLOWER POLICY DOCUMENT DESTRUCTION AND RETENTION POLICY FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS OR SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.