Wisconsin Network for Peace and Justice

“SSCW Reimbursement for Office Expenses $1379”

“Fiscal Sponsor Fees Revenue $521”

“Advertising and Promotion $9345”

“Office Expenses $81”

“Information Technology $2636”

“Travel $5610”

“Interest $8564”

“Depreciation $110”

“Event Assembly Expenses $1799”

“Bank & Merchant Fees $1526”

“Facilitators & Team Support $1000”

“Licenses & Dues $130”

“Furniture and Fixtures - Beginning $1650 Furniture and Fixtures - Ending $0”

“Accounts Receivable - Beginning $3600 Accounts Receivable - Ending $2508”

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $13108”

“Federal Employment Taxes Payable - Beginning $4273 Federal Employment Taxes Payable - Ending $0”

“State Employment Taxes Payable - Beginning $96 State Employment Taxes Payable - Ending $0”

“Accrued Compensation & Benefits Payable - Beginning $4814 Accrued Compensation & Benefits Payable - Ending $3081”

“Accrued Compensation Payroll Taxes Pay. - Beginning $694 Accrued Compensation Payroll Taxes Pay. - Ending $442”

“Donation paid to Community Shares of Wisconsin”

“PROFESSIONAL FEES RELATED TO RETROACTIVE REPORTING AND DELINQUENT TAXIn order to bring the organization back into compliance with federal and state reporting and to bring tax accounts current, clearing penalties and interest balances, professional fees paid to a certified public accountant were materially higher as compared to previous years. Services included: * Accounting services to construct general ledgers and financial information for 2017, 2018, 2019, 2020 2,216 * Employment tax services for quarter periods in 2014-2020 4,360 * Form 990-EZ Exempt Organization reporting for 2016 2,081Fees were paid to Center for Community Stewardshipto obtain a new sponsor for Safe Skies Clean Water Coalition 250 ---------TOTAL PROFESSIONAL FEES, Line 13 8,908 =========”

“RETROACTIVE REPORTING AND DELINQUENT TAX PAYMENT ISSUESIn 2020, multiple retroactive issues of non-compliant reporting and tax payment delinquencies at the federal and state levels came to the attention of the incoming Board of Directors. These issues included:* Reinstatement by Form 1023 application for loss of the 501(c)3 status* Delinquent Exempt Organization filing with the Internal Revenue Service: * Form 990-EZ for 2014, 2015 payment delinquency only * Form 990-EZ for 2016 reporting delinquency * Form-990-N for 2017, 2018 and 2019* Delinquent filing and tax payments relative to Form 941 Quarterly Employment Taxes and WI State Employment Taxes for the following periods * 2014: 3rd quarter 941 payment discrepancy only * 2015: 2nd and 3rd quarters 941 payment discrepancy only * 2017: 3rd and 4th quarters reporting and payments * 2018: 1st, 2nd, 3rd, and 4th quarters reporting and payments * 2019: 1st, 2nd, 3rd, and 4th quarters reporting and payments * 2020: 2nd and 3rd quarters reporting and payments* Delinquent filings with Wisconsin Department of Financial Institutions for * 2019-2020 Nonstock Corporation Annual Report * 2017-2019 Charitable Organization ReportsDetails of the penalties and interest paid in 2020 applicable include: Form 1023-EZ to reinstate the 501(c)3 status 275 Form 990-EZ late filing levies for 2014 and 2015 5,943 Form 941 3rd quarter 2014 late filing 378 Form 941 (all four quarters 2019) late filing and payment 566 WI Form WT-6 non-deposit penalties for 2016-2019 952 WI Form WT-7 filing penalties for 2017-2019 450 ------- 8,564 =======Account resolution bringing the federal and state employment tax filings, federal Form 990s, and Wisconsin Department of Financial Institutions reports current continued into 2021. Negotiation with the IRS lessened the overall penalties and interest through abatement given reasonable cause. At the time of this filing, the Wisconsin Charitable Organization application at the Wisconsin Department of Financial Institutions is under review. All submissions are current.”

“ACCRUED COMPENSATION AND BENEFITS PAYABLEFORM 990-EZ PART II, Line 26Retroactive compensation and benefits were payable and outstanding to the Coordinator as of 12/31/2020 for the amounts as follows: Accrued Compensation Benefits and Payable August 2018 $ 835.34 127.50 962.84September 2018 835.34 127.50 962.84April 2020 127.50 127.50May 2020 900.01 127.50 1,027.51 -------- ------- --------- Totals 2,570.69 510.00 3,080.68 ======== ======= ========= Federal and state payroll taxes have also been accrued accordingly inthe amount of $ 442.23.”

“In 2020, Dace Zeps served as a key employee in the position of Coordinator for the months January through May.”