Westlake Fan Club Foundation

“Description: scholarship pmts less amts reported in 2021. Amount: 14,500. Description: accounting less amts reported in 2021. Amount: 253. Description: refunds. Amount: 415. Description: other-reimbursed in 2023. Amount: 803. Total to form 990-ez, line 16: 15,971.”

“We are requesting abatement of the 2022 late filing penalty for reasonable cause. Tax year 2021 was the first year a form 990-ez was required. In prior years we filed a 990-n using a 6/30 year end for this organization, and as such, a due date of 11/15 was followed. We did not realize that an incorrect year end was being used; the correct year end of the organization is 12/31. When the time came to file the 2021 990-ez, we mistakenly used a due date of 11/15/2022. The electronic file was rejected on 11/11/2022. The issue was resolved in the following days and the filing was accepted on 11/17/2022, which was within the five day grace period allowed for e-file rejection resolution. However, the nature of this error was discovered in late may 2023, after the due date of the form 8868 extension request. As such, we contacted irs, and the agent recommended filing the 12/31/2022 form 990-ez as soon as possible and attaching a request for penalty abatement. We apologize for this misunderstanding and error, and respectfully request abatement of the 2022 late filing penalty. In future years we will timely file all returns using a 12/31 year end.”