Notes From Board of Directors Meeting

(Parsippany,NJ)- The Morristown 1776 A.F.C. Board of Directors held a scheduled board meeting Monday night at the home of club chairman Ryan Vinton.

Among the issues discussed were the club's operating budget, which was itemized line by line for both income and expenses, from now until the end of the summer (August '09). The board preliminarly approved the operating budget and will post it online in the coming days for club members to view and scrutinize and to put the club more in line with IRS 501(c)3 Regulations(The Club is looking to pursue 501(c)3 Tax-Exempt Status with the IRS).

One decision the board made was to withdrawl the club from Trenton FC's Memorial Day Tournament due to a lack of players and to better fit within the operating budget.

The board also reportily discussed adding a fifth board member to eliminate the possibility of deadlocked votes amongst the board, their is no immediate indication of who the board would potentialy tap to fill the new vacancy or even if discussions reached the point of who could possibly fill this potential seat.