2024-02-13T13:40:40-06:00 2022-12-31 883059946 LIZZA & CARULLO CPAS & ADVISORS LLP 1099 WALL STREET WEST LYNDHURST NJ 07071 990EZ 2022-01-01 222145941 HASBROUCK HEIGHTS JR FOOTBALL LEAGUE HASB 2018961170 PO BOX 151 HASBROUCK HEIGHTS NJ 07604 ANTHONY CARULLO TREASURER 2018961170 2024-02-13 1 ANTHONY CARULLO XXX-XX-XXXX 1 JOSEPH A LIZZA MBA CPA CGMA P00830771 2018961170 2024-02-13 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X X X X 68872 X 33087 35785 68872 55610 55610 13262 18586 0 31848 18586 31848 18586 31848 0 0 18586 31848 PROMOTE SPORTS RECREATION JR. FOOTBALL & CHEERLEADING ORGANIZATION FOR APPROXIMATELY 250 CHILDREN AGES 7-13 0 55610 55610 BARBARA PANTILIANO PRESIDENT 5.00 0 0 0 LORI ZORAT 1ST VICE PRESIDENT 5.00 0 0 0 AMANDA CARULLO 2ND VICE PRESIDENT 5.00 0 0 0 ANTHONY CARULLO TREASURER 5.00 0 0 0 CRISTEN MIZENKO SECRETARY 5.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HHJFL PO BOX 151 HASBROUCK HEIGHTS NJ 07604 2012888873 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 12385 11956 20649 22050 33087 100127 52957 47488 28887 42462 35785 207579 65342 59444 49536 64512 68872 307706 0 0 0 307706 65342 59444 49536 64512 68872 307706 1.00000 1.00000 0.00000 X FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: EQUIPMENT. AMOUNT: 50,422. DESCRIPTION: CONCESSION EXPENSES. AMOUNT: 5,188. TOTAL TO FORM 990-EZ, LINE 16: 55,610. CIRCUMSTANCES LEADING TO LATE FILING:THE UNEXPECTED AND ABRUPT RESIGNATION OF OUR FORMER TREASURER IN JULY OF 2023 SIGNIFICANTLY IMPACTED OUR ABILITY TO PREPARE AND FILE OUR FORM 990 BY THE DUE DATE. THE DEPARTURE WAS UNFORESEEN, AND THE TREASURER LEFT WITHOUT PROVIDING A COMPREHENSIVE HANDOVER OF OUR FINANCIAL RECORDS AND DOCUMENTS. THIS SUDDEN VACANCY LEFT OUR ORGANIZATION WITHOUT ACCESS TO CRITICAL FINANCIAL INFORMATION NECESSARY FOR TIMELY AND ACCURATE TAX REPORTING.STEPS TAKEN TO RECTIFY THE SITUATION:UPON REALIZING THE EXTENT OF THE DOCUMENTATION AND KNOWLEDGE GAP, WE TOOK IMMEDIATE ACTION TO MITIGATE THE IMPACT OF THIS SETBACK:APPOINTMENT OF A NEW TREASURER: WE PROMPTLY APPOINTED A NEW TREASURER, WHO HAS EXTENSIVE EXPERIENCE IN NONPROFIT FINANCIAL MANAGEMENT. THE NEW TREASURER ASSUMED THE ROLE IN AUGUST 2023RECONSTRUCTION OF FINANCIAL RECORDS: UNDER THE GUIDANCE OF THE NEW TREASURER, WE INITIATED A THOROUGH PROCESS OF RECONSTRUCTING OUR FINANCIAL RECORDS. THIS INVOLVED REACHING OUT TO BANKS, VENDORS, AND DONORS TO COLLECT COPIES OF STATEMENTS, INVOICES, AND DONATION RECORDS. ALTHOUGH THIS PROCESS WAS TIME-CONSUMING, IT WAS ESSENTIAL FOR ENSURING THE ACCURACY OF OUR FINANCIAL REPORTING.IMPLEMENTATION OF NEW FINANCIAL CONTROLS: TO PREVENT SIMILAR ISSUES IN THE FUTURE, WE HAVE IMPLEMENTED ROBUST FINANCIAL CONTROLS AND DOCUMENTATION PRACTICES. THESE INCLUDE DETAILED RECORD-KEEPING POLICIES, REGULAR FINANCIAL AUDITS, AND THE ESTABLISHMENT OF A FINANCIAL OVERSIGHT COMMITTEE WITHIN OUR BOARD OF DIRECTORS.CONCLUSION AND REQUEST:WE UNDERSTAND THE IMPORTANCE OF TIMELY AND ACCURATE TAX REPORTING AND DEEPLY REGRET THE DELAY IN FILING OUR FORM 990. WE BELIEVE THAT THE UNEXPECTED LOSS OF OUR FORMER TREASURER AND THE SUBSEQUENT CHALLENGES IN ACCESSING AND RECONSTRUCTING OUR FINANCIAL RECORDS CONSTITUTE REASONABLE CAUSE FOR OUR LATE FILING. WE HAVE WORKED DILIGENTLY TO ADDRESS THE SITUATION AND HAVE TAKEN STEPS TO ENSURE THAT OUR ORGANIZATION MAINTAINS HIGH STANDARDS OF FINANCIAL MANAGEMENT AND COMPLIANCE MOVING FORWARD.WE RESPECTFULLY REQUEST THAT THE IRS CONSIDER THESE CIRCUMSTANCES AND THE ACTIONS WE HAVE TAKEN AS REASONABLE CAUSE FOR OUR LATE FILING AND ABATE ANY PENALTIES ASSOCIATED WITH THIS DELAY.THANK YOU FOR YOUR UNDERSTANDING AND CONSIDERATION OF OUR SITUATION. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.