|
Compliance Resources
The new national website www.ayso.org went live 7/1/09 and this compliance page became part of that, so check there.
Financial Compliance:
AYSO (American Youth Soccer Organization) is a nonprofit corporation (ID# 95-6205398, exempt from income tax as an organization, described in section 501(c)(3) of the Internal revenue Code), organized under the laws of the State of California. Unlike other youth organizations, AYSO is a single corporation, one legal entity and each region is a component of such corporation. Hence the assets of each region, as well as the liabilities, belong to the AYSO National organization.
Reimbursement Request Form ($0.55 for mileage per 7/1/09)
AYSO is exempt from payment of the New York State and local sales and use tax, see NY Exempt Purchase Certificate.
Use of PayPal and regional creditcard is NOT permitted for AYSO funds.
The Treasurer's Manual policy specifically states that ALL disbursements will be made by check written against the region’s checking account and signed by two authorizing signatures. Online Banking is in direct conflict with this policy.
NAP statements will be uploaded for viewing in eAYSO (see: [Region][Treasurer][Statements & Reports] and [Invoices]). Hardcopies of statements will no longer be mailed back to treasurers.
Reference Book.
| 
