Voices for Children of San Antonio

“Description: Bank fees, insurance, office, office services. Amount: 80.”

“Description: Deferred cost. Beg. of Year Amount: 9,291. End of Year Amount: 9,291. Description: Other Depreciable Assets. Beg. of Year Amount: 7,829. End of Year Amount: 7,829.”

“Description: Accounts Payable and Accrued Expenses. Beg. of Year Amount: 11,113. End of Year Amount: 11,113. Description: Unsecured Notes and Loans Payable. Beg. of Year Amount: 2,942. End of Year Amount: 0.”

“As in 2023, the Organization did not receive any significant grants or charitable contributions in 2024. This lack of funding originated in 2021 when the IRS mistakenly revoked the Organization's tax-exempt status effective May 31, 2021 for apparent failure to file Form 990 for three consective years (2018, 2019, and 2020) which caused the Organization to be unable to receive charitable grants and contributions from May 31, 2021 to June 16, 2022 (date of reinstatement of the tax-exempt status). Subsequent to the revocation, the IRS determined that the Organization had timely filed the 2018 Form 990 and timely extended the 2020 Form 990 to Novemeber 30, 2021. Due to lack of resources, the staff left during 2022. The CEO continued to work until late 2022 when she left employment. The Board has operated the Organization since that time. They had hoped to receive proceeds from the 2020 Employer Retention Credit to provide some funding but the amount has not been remitted and the entity responsible for submitting the application is no longer response to the Organization as to the status of collection of the Employer Retention Credit. The Board is discussing the termination and liquidation of the Organization by December 31, 2025. A final decision is expected by November 30, 2025.”