Aguila Inc

“Following confirmation of aguila's chapter 11 liquidation plan, the sole representative for the estate is the plan administrator. Aguila no longer has a board of directors.”

“The organization has no committees with authority to act on behalf of the governing body.”

“Aguila, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. After the form 990 has been prepared, it is reviewed by the plan administrator and by one or more other professionals. When it is approved, the 990 is electronically filed with the internal revenue service.”

“Aguila, inc. Is not operating. Its sole representative is the plan administrator, whose appointment was approved by the bankruptcy court. There is no board of directors or employees.”

“The sole representative is the plan administrator whose compensation was disclosed to the bankruptcy court and approved as part of a confirmed plan of liquidation.”

“Aguila, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the conflict of interest policy, articles of incorporation and by-laws were also available upon written request or by calling the organization directly.”

“Financial services: program service expenses 0. Management and general expenses 95,000. Fundraising expenses 0. Total expenses 95,000. Human resources services: program service expenses 0. Management and general expenses 60,000. Fundraising expenses 0. Total expenses 60,000. Us trustee fees: program service expenses 0. Management and general expenses 1,138. Fundraising expenses 0. Total expenses 1,138. Info tech services: program service expenses 0. Management and general expenses 877. Fundraising expenses 0. Total expenses 877.”

“The plan administrator's appointment was effective in july 2022. Certain information reflected on the return preceded the plan administrator's appointment. Accordingly, the plan admininistrator does not have first-hand knowledge of certain information on the return, but has no reason to believe that prior representations on the form 990's are incorrect.”