To the members of the American Darts Organization

Updated: June 19, 2014

There have been lots of discussions on social media outlets and emails about the status of the American Darts Organization (ADO). There have also been rumors that ADO and the American Darts Organization Memorial Scholarship Fund will be declaring bankruptcy and folding. These rumors are not true. I want to give all of our members some facts about the financial/corporate status of the ADO.

As most of you know, I took over as ADO president on January 1, 2014. I was aware of many issues with the ADO and was eager to start solving the issues as soon as possible.

Let me quickly explain how the ADO works in terms of corporation and IRS:

ADO, Inc. is a Massachusetts corporation. We are to file corporation papers with the state on a yearly basis.
ADO, Inc. does business in the state of California. We are to file taxes with the state on a yearly basis. 501(c)(6)
American Darts Organization Memorial Scholarship Fund is a separate entity from ADO, Inc. They do business in California and must file corporation papers and taxes on a yearly basis.

Just prior to the ADO semi-annual meeting in Las Vegas, I did some research on the status of each of the above. I found the following:

ADO, Inc MA Corp was revoked on 7-20-2012 for failure to file with the state for 3 years. The last year the ADO had filed was 2008.
ADO, Inc with the IRS was revoked on 15-May-2011 for failure to file with the IRS for 3 years.
American Darts Organization Memorial Scholarship Fund was revoked on 15-May-2010 for failure to file with IRS for 3 years.

ADO, Inc Massachusetts Issue
Immediately following the meeting in Las Vegas, ADO CFO Lloyd Hoover and I called Massachusetts to see what needed to be done to reinstate the ADO as a corporation in the state of Massachusetts. They mailed me forms that needed to be filled out. I completed the proper forms for 2009, 2010, 2011, 2012 and 2013. The forms were filed and the reinstatement request was accepted. ADO, Inc. was officially reinstated on 03-20-2014.

ADO, Inc IRS Issue
The Massachusetts issue needed to be completed before filing for reinstatement with the IRS. We are now in the process of completing the proper forms with the IRS. I will be pushing this on a daily basis and keep all members updated on the status.

ADO Memorial Scholarship Fund
Members of the ADO board are in the process of determining what needs to be done to reinstate the American Darts Organization Memorial Scholarship fund. The ADO currently commits $6000 in scholarship awards through the ADO Youth National Championship held mid-August in Stamford, Connecticut: Champion-$1500, 2nd-$1000, T4-$750 each, T8-$500 each. This Fund is supported solely through voluntary tax-deductible contributions of members of the darting community, sponsors, manufacturers of darting equipment, other interested parties and interest derived from the scholarship account.

$2,040.00 – Total of donations 2010
$500 – Ck# 412 – 01/03/10 – John P. Fitzgerald – (bal. $1750)
$500 – Ck# 413 – 01/03/10 – Kyle S. Alvey – (bal. $0)
$500 – Ck# 414 – 06/18/10 – Ashley Stewart – (bal. $1250)
$500 – Ck# 415 – 07/09/10 – Michael Scarborough – (bal. $1500)
$500 – Ck# 416 – 08/19/10 – Dakota Brockman – (bal. $0)
$500 – Ck# 417 – 08/30/10 – Ashley Stewart – (bal. $750)
$500 – Ck# 418 – 09/01/10 – Cody Gaulthier – (bal. $250)
$3,500.00 – Total of checks written
$60,271.06 – Balance in acct. 12/31/2010

$957.60 – Total of donations 2011
$500 – Ck# 419 – 01/08/11 – Ashley Stewart – (bal. $250)
$250 – Ck# 420 – 03/02/11 – Cody R. Gaulthier – (bal. $0)
$500 – Ck# 421 – 03/26/11 – Daniel Lauby Jr. – (bal. $2250)
$500 – Ck# 422 – 08/30/11 – Daniel Lauby Jr. – (bal. $1750)
$500 – Ck# 423 – 09/01/11 – Jared Sullivan – (bal. $250)
$2,250.00 – Total of checks written
$58,835.33 – Balance in acct. 12/31/2011

$620.00 – Total donations 2012
$500 – Ck# 424 – 02/17/12 – Daniel Lauby Jr. – (bal.$1250)
$500 – Ck# 425 – 05/15/12 – Michael Scarborough – (bal. $1000)
$500 – Ck# 426 – 07/21/12 – Michael Scarborough – (bal. $500)
$500 – Ck# 427 – 09/06/12 – Shannon Gallagher – (bal. $250)
$250 – Ck# 428 – 09/06/12 – Ashley Stewart – (bal. $0)
$500 – Ck# 429 – 09/20/12 – Daniel Lauby Jr. (bal. $750)
$2,750.00 – Total of checks written
$56,562.08 – Balance in acct. 12/31/2012

$400.00 – Total donations 2013 (+$596 from Las Vegas Open)
$500 – Ck# 430 – 01/24/13 – Christopher Becker – (bal. $0)
$500 – Ck# 431 – 02/07/13 – Shannon Gallagher – (bal. $1250)
$500 – Ck# 432 – 08/11/13 – Shannon Gallagher – (bal. $750)
$500 – Ck# 433 – 10/15/13 – Scott Frazier Jr. – (bal. $1750)
$500 – Ck# 434 – 11/07/13 – Kyle Gregory – (bal. $250)
$2,500.00 – Total of checks written
$54,244.59 – Balance in acct. 12/31/2013

$00.00 – Total donations 2014 so far (+$709 from Las Vegas Open)
$250 – Ck# 435 – 03/06/14 – Kyle Gregory – (bal. $0)
$500 – Ck# 436 – 03/06/14 – Scott Frazier Jr. – (bal. $1250)
$500 – Ck# 437 – 03/06/14 – Shannon Gallagher – (bal. $250)
$1,250.00 – Total of checks written as of May 31, 2014

I understand the ball was dropped in several areas. I am not looking to point fingers but to solve the issues and be sure this does not happen again in the future. As president of the ADO, I want to be open and honest to all its members. I will continue to do whatever is needed to solve all the issues and to help make the ADO grow.

Regards,
David Hascup
ADO President

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