2024-07-18T13:55:38-05:00 2023-05-31 582663273 SYMPHONA LLP 1004 HILLCREST PARKWAY DUBLIN GA 31021 990 2022-06-01 202402116 DUBLIN EXCHANGE CHARITABLE FOUNDATION INC DUBL 4782728019 200 WEST JACKSON ST DUBLIN GA 31021 JOSH GARDNER TREASURER 4782728019 2024-07-18 1 JOSH GARDNER 999009999 1 JOSHUA M WELLS P01906277 4782722030 2024-07-18 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PHIL BAZEMORE 200 WEST JACKSON STREET DUBLIN GA 31021 16170 0 X N/A X THE FOUNDATION PROVIDES EDUCATIONAL SCHOLARSHIPS FOR LOCAL STUDENTS AND SUPPORTS OTHER LOCAL CHARITABLE ORGANIZATION WITH VARYING CAUSES/MISSIONS. 3 3 0 0 0 0 24000 15157 0 0 1461 1013 0 0 25461 16170 17600 12750 0 0 0 0 0 0 0 0 30 17600 12780 7861 3390 113606 116996 0 0 113606 116996 X THE FOUNDATION PROVIDES EDUCATIONAL SCHOLARSHIPS FOR LOCAL STUDENTS AND SUPPORTS OTHER LOCAL CHARITABLE ORGANIZATION WITH VARYING CAUSES/MISSIONS. 0 0 THE FOUNDATION PROVIDED MULTIPLE EDUCATIONAL SCHOLARSHIPS TO LOCAL STUDENTS AND ASSISTED MULTIPLE LOCAL CHARITABLE ORGANIZATIONS. 12750 12750 THE FOUNDATION PROVIDES EDUCATIONAL SCHOLARSHIPS FOR LOCAL STUDENTS AND SUPPORTS OTHER LOCAL CHARITABLE ORGANIZATION WITH VARYING CAUSES/MISSIONS. 12750 12750 12750 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X PHIL BAZEMORE 4782752795 200 WEST JACKSON ST DUBLIN GA 31021 PHIL BAZEMORE TREASURER 0.00 0.00 X X 0 0 0 LUCAS COWART CHAIRMAN 0.00 0.00 X X 0 0 0 RYAN DIXON TRUSTEE 0.00 0.00 X 0 0 0 BLAKE DANIELS TRUSTEE 0.00 0.00 X 0 0 0 JASON DOLLAR TRUSTEE 0.00 0.00 X 0 0 0 GENE CRAFTON SECRETARY 0.00 0.00 X X 0 0 0 BRAD DUKE TRUSTEE 0.00 0.00 X 0 0 0 ERWIN ORR TRUSTEE 0.00 0.00 X 0 0 0 LEE DIXON TRUSTEE 0.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 15157 15157 1013 1013 16170 1013 0 0 12750 12750 BUSINESS LICENSE 30 30 12780 12750 30 0 113606 116996 113606 116996 0 0 X 113606 116996 113606 116996 113606 116996 3390 0 X 0 0 0 X 9000 15500 24000 17600 66100 9000 15500 24000 17600 66100 66100 66100 7147 1.00000 X FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. UNDER PENALTIES OF PERJURY, I DECLARE THAT I HAVE EXAMINED THIS STATEMENT, INCLUDING ACCOMPANYING DOCUMENTS, AND TO THE BEST OF MY KNOWLEDGE AND BELIEF, THEY ARE TRUE, CORRECT, AND COMPLETE.WE ARE WRITING TO RESPECTFULLY REQUEST THE ABATEMENT OF THE PENALTIES CHARGED UNDER SECTION 6652 OF THE INTERNAL REVENUE CODE FOR THE LATE FILING OF OUR FORM 990 FOR THE TAX YEAR ENDING MAY 31, 2023.A POTENTIAL PENALTY COULD BE CHARGED DUE TO THE SUBMISSION OF OUR FORM 990 VIA PAPER FILING INSTEAD OF THE REQUIRED ELECTRONIC FILING, AS MANDATED BY THE TAXPAYER FIRST ACT EFFECTIVE DECEMBER 31, 2021. ALTHOUGH DUBLIN EXCHANGE CHARITABLE FOUNDATION, INC. FILED THE RETURN BY THE EXTENDED DUE DATE OF APRIL 15, 2024, IT WAS NOT SUBMITTED ELECTRONICALLY.EXPLANATION OF CIRCUMSTANCES1. WHAT PREVENTED COMPLIANCE:THE SUBMISSION OF OUR FORM 990 VIA PAPER WAS DUE TO ISSUES WITH THE ELECTRONIC FILING SYSTEM OF THE PROFESSIONAL CPA FIRM WE RELIED UPON TO FILE OUR RETURN. DESPITE OUR EFFORTS TO ENSURE TIMELY COMPLIANCE, THE CPA FIRM ENCOUNTERED UNFORESEEN TECHNICAL DIFFICULTIES THAT PREVENTED THE ELECTRONIC SUBMISSION.2. EXERCISE OF ORDINARY BUSINESS CARE AND PRUDENCE:DUBLIN EXCHANGE CHARITABLE FOUNDATION, INC HAS CONSISTENTLY FILED ITS FORM 990 IN A TIMELY AND COMPLIANT MANNER IN PREVIOUS YEARS, DEMONSTRATING OUR COMMITMENT TO FOLLOWING IRS REQUIREMENTS. WE EXERCISE ORDINARY BUSINESS CARE AND PRUDENCE IN MANAGING OUR TAX RESPONSIBILITIES. THE MISUNDERSTANDING OR TECHNICAL ISSUE THAT LED TO THE PAPER FILING WAS AN ISOLATED INCIDENT, NOT REFLECTIVE OF OUR USUAL DILIGENCE.3. STEPS TO PREVENT FUTURE OCCURRENCES:TO ENSURE THAT THIS SITUATION DOES NOT RECUR, WE HAVE IMPLEMENTED THE FOLLOWING MEASURES: UPDATED COMPLIANCE TRAINING: WE HAVE CONDUCTED TRAINING SESSIONS FOR OUR STAFF TO ENSURE THEY ARE FULLY AWARE OF THE LATEST FILING REQUIREMENTS AND DEADLINES. ENHANCED INTERNAL CONTROLS: WE HAVE ESTABLISHED A MORE ROBUST INTERNAL REVIEW PROCESS TO MONITOR COMPLIANCE WITH FILING REQUIREMENTS AND DEADLINES.WE TRUST THAT THIS STATEMENT ADEQUATELY DEMONSTRATES THAT OUR FAILURE TO ELECTRONICALLY FILE THE FORM 990 WAS DUE TO REASONABLE CAUSE AND NOT DUE TO WILLFUL NEGLECT. WE RESPECTFULLY REQUEST THE ABATEMENT OF THE PENALTIES IN LIGHT OF THE CIRCUMSTANCES DESCRIBED.