2025-11-04T13:59:48-06:00 2024-12-31 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-01-01 931601392 THE COASTAL GEORGIA FOUNDATION FOR SCOUTING INC COAS 9126626856 11900 ABERCORN EXPRESSWAY SAVANNAH GA 31419 LEW SISSON SECRETARY 9126626856 2025-10-31 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2025-10-31 2024 2025-03-06 01:10:19Z X X LEW SISSON 11900 ABERCORN EXPRESSWAY SAVANNAH GA 31419 0 0 X N/A X 2023 GA TO SUPPORT THE COASTAL GEORGIA COUNCIL, INC 10 9 0 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6742360 0 6742360 TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF COASTAL GEORGIA COUNCIL, INC (A GEORGIA NON-PROFIT CORP) AND ANY OTHER EXEMPT ORGANIZATIONS CONTROLLED OR AFFILIATED WITH COASTAL GEORGIA COUNCIL, INC. 0 0 0 0 0 TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF COASTAL GEORGIA COUNCIL, INC (A GEORGIA NON-PROFIT CORP) AND ANY OTHER EXEMPT ORGANIZATIONS CONTROLLED OR AFFILIATED WITH COASTAL GEORGIA COUNCIL, INC. 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 GA X LEW SISSON 9126626856 11900 ABERCORN EXPRESSWAY SAVANNAH GA 31419 HARRY G MOORE II CHAIR 1.00 5.00 X X 0 0 0 LEW SISSON SECRETARY 1.00 40.00 X X 0 140205 5829 J STEPHEN LEWIS TREASURER 1.00 X X 0 0 0 KEN FARRELL TRUSTEE 1.00 5.00 X 0 0 0 DR PETER MASTOPOULOS TRUSTEE 1.00 5.00 X 0 0 0 ROBERT MISSROON JR TRUSTEE 1.00 1.00 X 0 0 0 SCOTT RASPLICKA TRUSTEE 1.00 1.00 X 0 0 0 JACK REESE TRUSTEE 1.00 5.00 X 0 0 0 DR BILLY SANDERS TRUSTEE 1.00 5.00 X 0 0 0 JAY TORBERT TRUSTEE 1.00 1.00 X 0 0 0 0 140205 5829 0 0 0 0 0 0 0 0 0 0 0 0 0 0 404824 0 6337536 0 6742360 0 0 X 6631360 111000 0 6742360 0 6742360 X 0 6742360 X 0 1 X 0 0 X X 1 COASTAL GEORGIA COUNCIL INC 580566164 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 6742360 6742360 0.98350 0.00000 0.01650 0 0 0 X PART X, LINE 2: THE COUNCIL ASSESSES WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OR THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THE TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE COUNCIL RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS. FORM 990, PART VI, SECTION A, LINE 7A AS A SUPPORTING ORGANIZATION OF COASTAL GEORGIA COUNCIL, INC., A MAJORITY OF THE FOUNDATION BOARD OF TRUSTEES SERVING AT ANY GIVEN TIME SHALL BE ELECTED BY THE BOARD OF DIRECTORS OF COASTAL GEORGIA COUNCIL, INC. AND SHALL BE EITHER PAST OR PRESENT DIRECTORS OF COASTAL GEORGIA COUNCIL, INC., PROVIDED, FURTHER THAT TWO (2) OF THE TRUSTEES ELECTED BY THE BOARD OF DIRECTORS OF COASTAL GEORGIA COUNCIL, INC. SHALL BE THE SCOUTING EXECUTIVE AND THE PRESIDENT OF THE BOARD OF DIRECTORS OF COASTAL GEORGIA COUNCIL, INC. THE REMAINING MEMBERS SHALL BE ELECTED BY THE FOUNDATION BOARD OF TRUSTEES FROM THE COMMUNITY AT LARGE; PROVIDED THAT "COMMUNITY AT LARGE" SPECIFICALLY INCLUDES ANY EMPLOYEE, TRUSTEE, OR OTHER AFFILIATE OF COASTAL GEORGIA COUNCIL, INC. WHO ALSO IS OTHERWISE QUALIFIED TO SERVE AS A TRUSTEE OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B ALL TRANSACTIONS SET FORTH BELOW SHALL REQUIRE THE APPROVAL OF NO LESS THAN A MAJORITY OF THE THEN SERVING BOARD OF DIRECTORS OF COASTAL GEORGIA COUNCIL, INC. IN ADDITION TO THE APPROVAL OF THE BOARD OF TRUSTEES OF THE FOUNDATION. (A) AMENDMENT OF THE ARTICLES OF INCORPORATION OF THE FOUNDATION OR THESE BYLAWS; (B) THE SALE, LEASE, EXCHANGE OR DISTRIBUTION OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF THE FOUNDATION; MERGER OR CONSOLIDATION OF THE FOUNDATION WITH ANY OTHER CORPORATION; (C) DISSOLUTION OF THE FOUNDATION; (D) ASSUMPTION OR CREATION OF INDEBTEDNESS BY THE FOUNDATION IN EXCESS OF $25,000 IN ANY FISCAL YEAR, BUT NOTWITHSTANDING THIS LIMIT, THE FOUNDATION MAY ASSUME ANY AMOUNTS OF INDEBTEDNESS OWED BY COASTAL GEORGIA, COUNCIL, INC. AS OF DECEMBER 31,203; OR (E) THE FOUNDATION HAS THE AUTHORITY TO PLEDGE ASSETS OR HYPOTHECATE ASSETS TO SECURE A LOAN IN THE NAME AND BENEFIT OF THE COASTAL GEORGIA COUNCIL, INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY LEADERSHIP BEFORE FINAL SUBMISSION TO THE IRS FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH COVERS ALL BOARD MEMBERS. IT STATES THAT ALL MEMBERS HAVE A DUTY TO BE FREE OF A CONFLICT OF INTEREST AND ADVISE THE BOARD WHEN A TRANSACTION OR AGREEMENT MAY GIVE RISE TO A CONFLICT. THE MEMBER WILL NOT PARTICIPATE IN THE DISCUSSION, VOTING OR TAKE ANY OTHER ACTION IN WHICH THEY ARE INTERESTED. THE OTHER MEMBERS OF THE BOARD WHO ARE NOT INTERESTED WILL DETERMINE THE NEXT ACTIONS ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S LOCATION IN SAVANNAH, GA. FORM 990, PART XI, LINE 9: TRANSFER FROM COASTAL GEORGIA COUNCIL, INC. TO ESTABLISH FOUNDATION 6,742,360. COASTAL GEORGIA COUNCIL INC 11900 ABERCORN STREET SAVANNAH GA 31419 580566164 SCOUTING GA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 THE ORGANIZATION IS IN ITS INAUGURAL YEAR OF FILING FORM 990 AND, AT THE TIME OF SUBMISSION, IS AWAITING RECEIPT OF ITS IRS DETERMINATION LETTER. THE SOLE ACTIVITY DURING THE YEAR ENDED DECEMBER 31, 2024, WAS A CAPITAL TRANSFER FROM ITS SUPPORTED ORGANIZATION, RECEIVED AT YEAR-END.DUE TO THE TIMING OF BOTH THE APPLICATION FOR TAX-EXEMPT STATUS AND THE RECEIPT OF FUNDS, THE BOARD INITIALLY BELIEVED THAT FILING REQUIREMENTS WOULD COMMENCE WITH THE 2025 TAX YEAR. UPON LEARNING THAT A 2024 RETURN WAS REQUIRED, THE ORGANIZATION PROMPTLY ENGAGED ITS PAID PREPARER TO COMPLETE AND FILE FORM 990.UNFORTUNATELY, THE ORGANIZATION DID NOT SUBMIT FORM 8868 TO REQUEST AN EXTENSION, AND THE ORIGINAL FILING DEADLINE OF MAY 15, 2025, WAS MISSED. THE RETURN IS BEING FILED BY NOVEMBER 15, 2025, WHICH WOULD HAVE BEEN THE EXTENDED DUE DATE HAD FORM 8868 BEEN TIMELY FILED.GIVEN THE UNIQUE CIRCUMSTANCES OF ITS FIRST YEAR OF OPERATIONS AND THE PENDING IRS DETERMINATION, THE ORGANIZATION RESPECTFULLY REQUESTS THAT THE IRS RECOGNIZE REASONABLE CAUSE FOR THE LATE FILING AND ABATE ANY ASSOCIATED PENALTIES OR INTEREST.