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Schedule D (Form 990) 2014 CABARRUS COUNTY TOURISM AUTHORITY 26-2726341 Paoe 4
<br />Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return.
<br />Complete if the organization answered "Yes" to Form 990, Part IV, line 12a.
<br />1 Total revenue, gains, and other support per audited financial statements ,,,,,,,,,,,,,,,,,,„_„_, ,,,,,........,,_ „_............. 1 4, 908,291.
<br />2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
<br />a Net unrealized gains (losses) on investments ,,,,,,,,,,,,,,,,,,,,,,
<br />b Donated services and use of facilities ,,,,,,,,,,,,,, ,,, „• „_,,,,.,,,_ „_,,,,,,,,,,,,,
<br />c Recoveries of prior year grants ............................................ ............................... 2c
<br />d Other (Describe in Part XIII.) ............................ .
<br />e Add lines 2a through 2d .................................................................................................. ................._............. 2e 0.
<br />3 Subtract line 2e from line 1 .. ............ ............ . ...... ......... ........................................ ,. ...................... .................... 3 4, 908,291.
<br />4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
<br />a Investment expenses not included on Form 990, Part VIII, line 7b ........................ 4a
<br />b Other (Describe in Part AII.) ............................ ... ........... .. ............................. �... 4b
<br />o Add lines 4a and 4b ..... .... .. ........................... ........................................................._........ ............................... 4c 1 0.
<br />Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return.
<br />Complete if the organization answered "Yes” to Form 990, Part IV, line 12a.
<br />1 Total expenses and losses per audited financial statements ,....,, _,,,,,,, ,,
<br />,,,,,,,,,,,,,,,„ 1 4, 18 7, 724.
<br />2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
<br />a Donated services and use of facilities 23
<br />bPrior year adjustments ..................................................... ............................... 2b
<br />c Other losses ..... ......................._....... ..�........ ... ............................... 2c
<br />d Other (Describe in Part XIII.) ............................................... ............................... 2d
<br />e Add lines 2a through 2d .... .............................................................................................. ............................... 2e 0.
<br />3 Subtract line 2e from line 1 ............................... .............. ...........--,_--_............. ....... 3 4,187,
<br />............ ...............................
<br />4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
<br />a Investment expenses not included on Form 990, Part VIII, line 7b .... ................... 4,
<br />b Other (Describe in Part XIII.) ............................................. ............................... 4b
<br />c Add lines 4a and 4b
<br />I Part XIIII Supplemental Information.
<br />Provide the descriptions required for Part II, lines 3, 5, and 9; Part 111, lines la and 4; Part IV, lines lb and 2b; Part V, line 4; Part X, line 2; Part XI,
<br />lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
<br />PART X, LINE 2:
<br />THE ORGANIZATION HAS ADOPTED ASC 740 -10, EFFECTIVE FOR AUDIT YEARS ENDING
<br />AFTER DECEMBER 15, 2009, AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE
<br />YEARS ENDED JUNE 30, 2015 AND 2014 AND HAS EVALUATED ITS TAX POSITIONS FOR
<br />ALL OPEN TAX YEARS. CURRENTLY, THE 2012, 2013 AND 2014 TAX YEARS ARE OPEN
<br />AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE
<br />ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN
<br />CONTACTED BY THE INTERNAL REVENUE SERVICE.
<br />BASED ON THE EVALUATION OF THE ORGANIZATIONOS TAX POSITIONS, MANAGEMENT
<br />BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION.
<br />THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE
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<br />10 -01.14 Schedule D (Form 990) 2014
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