Cash Basis Accounting? Accrual Basis Accounting? Or
Cookie Jar Basis of Accounting?
I Google searched "81-2565213" and "NGAN 81-2565213."
Let me note, this is
not accusing D. Alexander (spokesman for K.A.'s parents), other officers, or board members of NGAN of any
financial wrongdoing or may have caused these IRS filings to be submitted
2 yrs late, for
2017 & 2020. After all, not like an individual might delay filing a fed return because he wants to wait until he scrapes up the $$$ to pay the tax owed.
IDK what caused them to be delinquent. But late filings may be a red flag w any other financial irregularities.
From very quickly skimming the forms, no specific numbers jumped out for me.
(except the 2017 form showed a $1200 website expense, but page 1, line "i" space for website was left blank. Funny, that).
A website (
Instrumentl.com) using IRS digitized data gives this info for NGAN
"Based on most recent IRS 990 filing (2020)"
"990 Forms as PDFs" "
2020,
2017"
Prompts me to wonder if NGAN filed returns for any other years, like 2018, 2019, 2021, 2022, 2023.
ETA
At a certain point, IRS revokes the fed tax exemption status of a 501(c)(3).
People making contributions to such an org. could
not claim those contrib's on a fed return w
itemized deductions.
For the curious, tedious details below.
__________________________________________________________________
On behalf of NGAN, Dominique Alexander (KA's Parents' spokesperson) signed the 990-EZ "Return of Organization Exempt from Income Tax" a required "information return" document w IRS , for
2017 year which the IRS stamped postmarked & scanned in
April 2020.
D. Alexander
signed in April
2020, as did the preparer at BryteBridge Consulting.
"Full text of "Reasonable cause explanation" for fiscal year ending Dec. 2020"
"Name:
NEXT GENERATION ACTION NETWORK FOUNDATION
EIN: 81-2565213....
"Explanation:
The organization was
unaware of the filing requirements and due date, as well as the need to keep adequate books and records on an ongoing basis, and thus have resolved to undertake the Form 990 each year
within 90 days after the end of the fiscal year. In addition,
each quarter our board will review the IRS website and Exempt Organizations update to ensure that no changes have occurred in regard to our
annual compliance requirements." bbm
NGAN 990-EZ forms for
2020 which IRS elec.-
marked "Submission: 2022-04-12."
The signature block included0 the 4-04-2022 date
-
title and
name President Dominique Alexander, but
no signature,
- name of paid preparer, both the inividual firm (BryteBridge Consulting), but
no signature.
On some electronically signed doc's (like some I've used on real estate transactions), the software creates a script-like signature, but IDK if that happens w IRS 501(c)(3) returns. Lack of handwritten siggies may be standard on these.
At tail end, same "Reasonable Cause Explanation." Presumably for late filing?
Could be a semi-feasible explanation first time around? But if there is some continuity in an org's board members, officers, employees from year to year, well, recycling this as excuse seems feeble.
_______________________________________
______________________________________
Since 2013, the IRS has released data culled from millions of nonprofit tax filings. Use this database to find organizations and see details like their executive compensation, revenue and expenses, as well as download tax filings going back as far as 2001.
projects.propublica.org
Next Generation Action Network Foundation is a public charity based in Dallas, TX and contributed $4,000 in grants during 2020.
www.instrumentl.com
http://www.thengan.com
Next Generation Action Network | Dallas TX