- Jul 25, 2018
- 7
- 0
Hello all! This is my first post so I apologize if I’ve posted In the wrong place! My husband and I are in the process of trying to start a new travel 12U team. We’ve got a great group of girls that we coached in Rec ball and feel they deserve an opportunity to play. For different reasons trying out for area teams isn’t an option for most of them. Sooooo, here we are, ready to do our part in making this happen for them. Myself and another mom have been tasked with dealing with the “paperwork”. I’m confused with the whole 501c3 business, if it’s even necessary. I’ve spoke with a few involved in Rec ball and their advice is mixed. Some say we have to have it, some say we only need to set up a bank acct and handle the money that way. What is the overall opinion on this? Is setting up a bank account and winging it really that easy? Will it cause issues with taxes down the road? Any info would be much appreciated! Thanks!