2024-02-18T20:46:45-07:00 2023-06-30 990EZ 2022-07-01 800858410 HIP HOP RE- EDUCATION PROJECT INC HIPH 6465529424 400 East 17th Street APT 508 Brooklyn NY 11226 Fabian Saucedo Executive Director 6465529424 2024-02-16 Fabian Saucedo 999009999 1 0 11 0 AAL2 2022 2023-04-26 12:10:37Z X X www.reeducate.org X X 68237 X 4000 64237 0 0 0 0 0 0 0 0 0 0 0 0 0 68237 0 0 0 48220 500 12 7360 56092 12145 15097 0 27242 X 14677 15802 0 0 420 12206 15097 28008 0 766 15097 27242 The Corporation is formed for the charitable purposes of supporting and educating children and youth of low-income families via arts-integrated methods such as music production and performance and to work to reintegrate marginalized youth back into more formal educational and professional development settings. Music Production Workshops at New Design High School: We conducted 240+ hour-long music production and podcast workshop sessions from September 2022-June 2023. These workshop were led by four teaching artists and serviced over 60 students. We also organized 12 special events including six master classes and multiple open mics and field trips which serviced and additional 40 students. We spent over $40,000 on independent contractors (teaching artists, workshop leaders, etc). We spent nearly $2700 on tech hardware and software. 0 44730 Community Mediation Services NeON Works Workshop Series: We conducted 12 three-hour long music production and digital media workshop sessions from July-August 2023. These workshop were led by three teaching artists and serviced over 20 young people between the ages of 16-23. We helped the young people develop over 6 different pieces of music, video and performance for a final community performance. We spent over $5,200 \on independent contractors (i.e., teaching artists). 0 5254 All-City Pilot Program - We conducted 8 two-hour long music production and digital media workshop sessions from July-August 2023. These workshop were led by two teaching artists and serviced over 10 young people between the ages of 16-21. We helped the young people develop 3 different pieces of music, video and performance for a final community performance. We spent over $2800 on independent contractors (i.e., teaching artists). We spent nearly $400 on student incentives including metro cards and meal gift cards. 0 3558 Management and General - There are several expenses required to keep the organization operating. Our greatest expense is in annual subscriptions, which include to online music and video production softwares that are used across all of our programs. The remaining expenses are program and office supplies, accounting services, website/email hosting services, bank fees and insurance. 0 2550 56092 Fabian Saucedo Executive Director 20 0 0 0 Jennifer Difiglia Secrtary 0.85 0 0 0 Jennifer Ng Treasurer 0.85 0 0 0 Meredith Sherman Board Member 0.85 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY Fabian Saucedo 400 East 17th Street APT 508 Brooklyn NY 11226 6465529424 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 0 0 0 0 4000 4000 0 20298 47170 27960 64237 159665 0 20298 47170 27960 68237 163665 163665 0 20298 47170 27960 68237 163665 X Form 990-EZ, Part I, Line 16 Student Incentives - Stipends, Meals - $570 Student Travel - $278 Program Supplies - $356 Subscriptions (Google Drive, Online Music Production and Video Software, etc) - $1249 Staff Travel & Meals - $685 Tech Hardware/Software - $2813 Website & Email hosting - $182 Accounting Services - $105 Insuranace - $420 Bank Fees - $150 Office Supplies - $552 Form 990-EZ, Part II, Line 24 Accounts Receivable - $11,786 Prepaid Expenses (Insurance) - $420 Form 990-EZ, Part II, Line 26 Accounts Payable (contractor payments) - $766 The purpose of this letter is to request a late filing penalty abatement. I have yet to receive a penalty determination letter, but I know for a fact that our 2023 990-EZ is late. Our fiscal year ended June 30, 2023. Therefore our tax returns were due November 15th. I was unaware of this missed filing up until last week. Once I realized that I had not submitted our 990-EZ I immediately worked to complete and submit the filing. We are an extremely small organization servicing a greatly under-serviced population. Any penalty would greatly impact our ability to meet the needs of the populations with whom we work. I am the sole person in-charge of both fiscal and program management for this small non-profit community youth development organization. The reason for our late 2023 tax filing was not willfull neglect, but a) an extremely busy programming schedule in October and November 2023 and b) a lack of experience with fillings other than the 990-N. First off, my main focus during the months leading up to our November 15th deadline were spent managing 5 teaching artists working on two major programs, including an international youth exchange trip to Berlin, Germany, a return visit to NYC or 18 young German artists and three music production classes servicing over 80 young people in NYC. Aside from overseeing curriculum development, teaching artist training and management and program assessment, I also maintained monthly fiscal reports. I managed to maintain all but one of our my responsibilities, sadly it was one of my biggest responsibilities-our tax filing. Second, I am very inexperienced when it comes to tax filing for this organization. From 2019 through 2022 we never grossed over $50,000 so we only had to submit 990-N filings. The process was so easy that I literally took it for granted. Being so busy, I assumed that I had completed a 990-N for fiscal year 2023, but I didn't. And even worse we grossed over $50,000 so we actually had to file the 990-EZ form. Upon realizing my mistake I immediately filled out the 990-EZ form and am submitting the filing now. Finally, I have been working on and off with a non-profit accounting consultant. Up until recently they had helped me develop and execute a plan for fiscal management. They helped me develop a monthly financial reporting system. They also helped me with all other financial and/or tax filings. Recently she unexpectedly lost her father. We went from talking at least once a month to not talking for nearly 5 months. I take full responsibility for missing the filing, but also know if she had not been dealing with the loss of her father that she would have helped me realize the need for us to fill out a 990-EZ for 2023. The shear realization that my error could cost the organization thousands of dollars is horrifying. I've worked with our board of directors to set-up an internal 990 filing deadline of August 31st to make sure that his never happens again. This deadline is during a slow period in our programming schedule, so I should have no problem filing our taxes in a timely manner moving forward. We are up-to-date on all other filings. And we continue to maintain up-to-date financial reports. Please reach out to me if you have any other questions or concerns.