Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990, Part XI, Line 9 | Other Changes In Net Assets Or Fund Balances - Other Increases | Unrealized Gains/loss = $62582 |
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Form 990, Part VI, Line 11b | Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 is reviewed by the treasurer and approved before FILING |
| Client Note 1 - Statement regarding late filing of return and request for not assessing late filing penalty based on the reasonable cause and circumstances described below.The Organization changed accountants in January 2014 Based on its long-time and former accountant's retirement. The retirement notice came very quickly and did not provide enough lead time for the organization to interview and ultimately hire a new accountant to provide services for the year ended 6/30/13 by the initial due date of November 15, 2013 for filing the form 990. being a small not-for profit organization with a limited budget and staff, we had relied heavily on the former accountant for guidance. The former accountant had filed for an extension of time to file the organization's form 990 which was thought to have included the additional 3 month extension to May 15, 2014 in anticipation of providing the newly selected accountants enough time to file timely and accurately. When the new accountants completed their work and the organization was ready to file its form 990 it was then discovered that the additional extension had not been filed.We are a small organization and honestly did not know about the extension filing and our requirements which were in the accountant's hands. Further, the change in accountants created a chaotic situation leading to unintentional mis-communications. This is an isolated instance and a first time occurence. Upon discovery of the filing due date, we immediately filed the return (in February 2014, shortly after the original extended due date), demonstrating that we acted responsibly and in good faith. We believe this demonstates that we did not willfully neglect our filing requirement.To prevent future late filings, we have placed the due date of the form 990 on the calendar of the board of directors and all board members will be educated and meet with the new accountants to become informed of the annual filing requirements and implication of extensions that pertain to our organization. |
| Software ID: | 12000229 |
| Software Version: | 2012v2.0 |