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Thank you for your answer, it is very helpful. Our club doesn't make more than $1,000 a year, and we usually spend most of that going on a camping trip and paying park fees when we go hiking. Could you direct me to any forms I will need to fill out?
Okay, great! Just to clarify, even though we don't make very much each year, we should still report our income and expenses to the IRS with the 990-EZ form?
Thank you so much for your help! Hope you have a fantastic day.