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        <ExplanationTxt>Event Horizon Research is a newly established 501(c)(3) organization in its first year of operation. While the organization's initial revenue is below the threshold to fully demonstrate public support, it is actively engaging in fundraising efforts and public outreach to increase its donor base. Future funding strategies include grant applications, public donations, and sponsorships to ensure compliance with the public support test over the coming years.</ExplanationTxt>
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        <ExplanationTxt>The organization was not required to withhold any backup withholding payments for vendors or gaming winnings, as it did not engage in activities necessitating such withholding.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part V, Line 2b</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization has no employees and thus was not required to file federal employment tax returns.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part V, Line 3b</FormAndLineReferenceDesc>
        <ExplanationTxt>Event Horizon Research did not engage in unrelated business income-generating activities exceeding $1,000; thus, no Form 990-T was required.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, Line 1b</FormAndLineReferenceDesc>
        <ExplanationTxt>All three directors of Event Horizon Research are independent as defined by IRS guidelines. They do not receive compensation, nor do they engage in transactions requiring disclosure under Schedule L.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization's board of directors was provided with a complete copy of Form 990 prior to its filing. The board collectively reviewed and approved the form during a recorded board meeting.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Event Horizon Research requires annual disclosures from all board members regarding any potential conflicts of interest. Any identified conflicts are reviewed by the board, with necessary actions documented in meeting minutes.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>Event Horizon Research makes its Form 990 and Form 1023 available to the public on its website at https://eventhorizonresearch.com/ and upon request.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request via email at admin@eventhorizonresearch.com or by written request to our mailing address.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>The organization had no other changes in net assets outside of standard revenue and expense operations.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XII</FormAndLineReferenceDesc>
        <ExplanationTxt>As a newly established organization in its first year of operation, Event Horizon Research is voluntarily filing a full Form 990, even though our revenue falls below the required threshold. This proactive step reflects our commitment to transparency, builds credibility with potential donors and partners, and establishes best practices for long-term compliance.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XII, Line 1</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization uses the cash basis method of accounting for financial reporting and tax purposes.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XII, Line 2a</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization's financial statements were not compiled or reviewed by an independent accountant for this tax year.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XII, Line 2b</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization was not required to conduct an independent audit, as it falls below the mandatory audit threshold.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part XII, Line 3b</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization did not meet the threshold for a federal single audit under Uniform Guidance and was not required to undergo an audit for federal grant compliance.</ExplanationTxt>
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</Return>