Treasure Coast Wildlife Hospital Inc

“The organization contemporaneously documents all meetings of the governing body and each committee authorized to act on its behalf through written minutes that are reviewed and approved at subsequent meetings. All minutes are maintained as part of the organization???s permanent records.”

“The organization contemporaneously documents all meetings of the governing body and each committee authorized to act on its behalf through written minutes that are reviewed and approved at subsequent meetings. All minutes are maintained as part of the organization???s permanent records.”

“The organizations governing body has authorized its treasurer to review and approve form 990 on behalf of the governing body.”

“Form 990 availability to public Part VI line 18: THE ORGANIZATION MAKES COPIES OF ITS TAX RETURNS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST”

“TCWF upkeep financial records as needed”

“Part VII, Section A ??? The Executive Director is the only compensated officer. All other board members served without compensation. Casualty Loss Explanation ??? Hurricane Milton The organization began construction of its Quonset hut in 2020. All building and construction costs incurred from 2020 through 2024 were related to this structure. In 2024, the completed building was destroyed by Hurricane Milton, resulting in a total casualty loss. The organization has written off the remaining basis of all construction costs related to the Quonset hut as a casualty loss totaling $332,691 in 2024. The property was not insured, and therefore no insurance reimbursement or recovery was received or expected. The full amount of $332,691 has been reported on Form 990, Part IX as an expense representing the write-off of the destroyed asset. Supporting documentation???including invoices, construction records, and photographs of the damaged property???is maintained by the organization and is available to the IRS upon request Prior Period Adjustment Explanation ??? Tax Year 2024 A prior period adjustment of $146,452 was recorded during the 2024 fiscal year to correct the organization???s beginning net-asset balance. The adjustment included a correction to the cost basis of marketable securities to ensure that historical acquisition costs were accurately reflected. This correction aligned the carrying value of the organization???s investments with verifiable purchase documentation and reconciled differences identified during the year-end review. The adjustment also included the reclassification and removal of Construction in Progress (CIP) amounts related to projects that had been abandoned prior to 2024 but were still reflected on the books. These balances were written off to accurately present the organization???s assets and to remove costs associated with nonviable construction activity. The prior period adjustment was recorded directly to net assets during the 2024 fiscal year and is reflected in the change in net assets for the year. These corrections did not affect current-year revenues or expenses beyond the adjustment to opening balances. Supporting documentation, including reconciliations and prior-period records, is maintained by the organization and available to the IRS upon request. Form 990, Part IV, Line 34 / Schedule R Part II ??? Related Organization Treasure Coast Wildlife Hospital Inc. is supported by Treasure Coast Wildlife Foundation Inc. (EIN 65-1223277), a separate 501(c)(3) organization recognized as a public charity under section 509(a)(3) (Type I supporting organization). The Foundation???s purpose is to raise and manage funds for the sole benefit of the Hospital, including annual operating support and capital project funding. The Hospital does not control the Foundation. Schedule R Part V ??? Transactions With Related Organization. During 2024, the Hospital received $276,900 in grants from Treasure Coast Wildlife Foundation Inc. to support operations and capital improvements. The amount included the Foundation???s annual investment income distribution and restricted project support. The Hospital also received a $3,100 reimbursement for accounting fees that had been paid on behalf of the Foundation.”

“Form 990, Part IX, Line 24 ??? Other Expenses See attached statement”