2024-05-13T13:24:57-07:00 2022-06-30 990EZ 2021-07-01 134287932 PS IS 111 PARENT TEACHER ASSOCIATION INC PSIS 2125827420 440 W 53rd St New York NY 10019 Christopher Canfield Treasurer 2125827420 2024-05-12 Christopher Canfield 999009999 1 11 0 AAL2 2021 2023-04-26 12:10:37Z X X X ps111pta.org X X 24075 X 21223 2124 0 38 0 0 0 0 690 690 0 0 0 0 0 23385 0 0 0 0 0 0 18932 18932 4453 87975 2651 95079 X 87975 86950 0 0 0 8129 87975 95079 0 0 87975 95079 Enhancing the education of every student at PS 111 Adolph S Ochs, a Title I public elementary school in New York, NY. Helping to improve PS 111's community school mission, by running free and low-cost family-friendly programming for our PS 111 community, supporting our teachers, improving our school's infrastructure, and building relationships between the school and our families. Improved the educational environment and school infrastructure by replacing broken air conditioners. 0 15520 Supported our teachers and staff through appreciation events. 0 1668 Books for classroom libraries. 0 1146 18334 Laura Voss President 10 0 0 0 Julia Day Vice President 5 0 0 0 Trevor Richardson Treasurer 10 0 0 0 Caitlin Canfield Co-Secretary 5 0 0 0 Trevor Peterson Co-Secretary 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Christopher Canfield 440 W 53rd Street New York NY 10019 2125827420 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 64550 76580 61998 36110 21223 260461 0 0 2814 2814 0 0 19450 19450 64550 76580 61998 36110 43487 282725 0 0 0 0 0 0 0 0 0 0 282725 38 38 0 0 0 0 0 0 38 38 0 0 0 0 64550 76580 61998 36110 43525 282763 0.99987 0.999 0.00013 0.001 X Form 990-EZ, Header, Line B Our tax year 2021 return is amended to correct mistakes uncovered during a financial review. The differences are primarily due to classification errors, improper reduction of net assets from asset purchases, and miscounting certain cash flows as revenue and expenses. Changes: Income lines 1, 2 (book fair previously classified as contribution), 3 (missing interest added), 4 (sales of auction items), 5 (expense associated with sold auction items), 9; Expense lines 16 (see revised itemized expense statement) & 17. Changes to net assets lines 18, 20, 21; Part II, Balance Sheets, lines 24 (+$750 correction to properly reflect amounts in financial accounts), 24 (see attached explanation), 25, 26; Part III, Statement of Program Service Accomplishments, to reflect corrected expenses and to better describe the programs; Schedule A, Part III, lines 1 (to reflect corrected contributions), 3 (auction & book fair moved from contributions), 5, 6, 9, 10a (included missing interest income), 13. The statement of itemized expenses has been corrected. Form 990-EZ, Part I, Line 16 Description;Amount^Books for Classroom Libraries;1146|Read a Thon Prizes;159|Supplies for Girls Leadership Club;325|Staff and Volunteer Appreciation;1668|AC Units for Classrooms;15520|Payment Processing and Bank Fees;114^Total;18932^ Form 990-EZ, Part I, Line 20 Value of Scholastic Catalog credit earned in prior years, which were previously incorrectly excluded from the organization's net assets. Form 990-EZ, Part II, Line 24 Description;EOY Amount^Scholastic Catalog Credit;3629|Donut Fundraising Gift Certificates;4500^Total;8129^ The original return for tax year 2021 was incorrectly filed on paper by a previous treasurer. That return was rejected and the treasurer refiled electronically. After discussing with an IRS agent, this organization requested and received a reasonable cause waiver. Original explanation of late filing, from 2023: "We have always filed paper tax returns. We did so on 11/8/2022, but it was sent back stating "IRC SECTION 6652". Unfortunately, it was mailed out right when schools shut down for a long Christmas break. We found the tax return in mid November, and immediately phoned the IRS for an explanation. (attached to the return was the submission envelope, postmarked 11/8/2022) The IRS agent advised us to submit the return electronically, and that we could do so through various websites. They also advised us to submit a written explanation, and that she was certain that penalties could be waived considering out circumstances. In the future, we will file our return electronically and on time. Thank you for your consideration this matter."