2025-11-25T08:15:40-08:00 2024-07-31 592677280 A B S ASSOCIATES INC 1897 PALM BEACH LAKES BLVD STE 219 WEST PALM BEACH FL 33409 990 2023-08-01 590801221 American Legion 47 Vogel Lee Post AMER 5615824616 2315 North Dixie Highway Lake Worth FL 33460 Richard Smith Treasurer 2025-10-17 true true Michael Guyard P00104695 5614781451 2023 2025-03-06 01:10:19Z 2315 North Dixie Highway Lake Worth FL 334606254 204841 false X N/A X 1973 FL Provide a fraternal organization for veterans 4 0 2 0 11252 9254 0 0 97470 118773 108722 128027 1520 2390 0 22966 23414 0 0 92295 104611 116781 130415 -8059 -2388 216687 214047 16104 15852 200583 198195 Provide a fraternal organization for veterans false false 74564 Social meeting for members only. 2250 Little League Baseball Sponsorship. 76814 false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 2 true false false false false false false false 0 false false false false false false false X 4 0 false false false false false false false false false false false false false false false false false false Richard Smith 5615824616 2315 North Dixie Highway Lake Worth FL 33460 X Richard A Smith Treasurer 0.00 0.00 X 0 0 0 Ryan L Paplow Vice President 0.00 0.00 X 0 0 0 Joseph Melcher President 0.00 0.00 X 0 0 0 Emory Wallace Vice President 0.00 0.00 X 0 0 0 0 false false false 0 3053 6201 9254 0 0 0 0 0 0 0 6025 2250 3775 3775 188771 74564 114207 114207 ATM Fees 722410 316 316 CC Cash Rewards 722410 391 391 Discount Income 722410 84 84 791 128027 114207 4566 2390 2390 0 0 0 0 0 21891 21891 0 0 1523 1523 0 0 3918 3918 0 0 0 0 0 1686 1686 0 0 16178 16178 0 0 1880 1880 0 0 12077 7484 7484 Outside Services 31580 31580 Repairs/Maintenance 10444 10444 Janitorial 4770 4770 Internet/Telephone 3092 3092 11502 8551 2951 130415 109783 8555 0 42651 29971 0 0 0 0 0 0 5372 14200 0 418368 249992 167164 168376 0 0 0 0 1500 1500 216687 214047 16104 15852 16104 15852 X 200583 198195 200583 198195 216687 214047 -2388 X false false false 26500 26500 296128 173228 122900 21177 18954 2223 60149 46480 13669 14414 11330 3084 168376 Credit Card 2992 Repair Liability 12527 Sales Tax 333 15852 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. We respectfully request abatement of the late-filing penalty related to its Form 990 for the fiscal year ended July 31, 2024. The return was filed late despite the organization exercising ordinary business care and prudence, as required under IRC 6652(c)(3) and Treas. Reg. 301.6652-2(f). The delay resulted from circumstances outside the organizations control and represents a continuation of the same conditions that impacted the prior years filing. 1. Correct Filing Timeline- Original due date: December 15, 2024 (15th day of the 5th month after year-end) Extension: Form 8868 timely filed Extended due date: June 15, 2025 The return could not be completed by that extended deadline due to ongoing disruptions described below. 2. Reasonable Cause Continuing Circumstances Affecting Multiple Filing Periods- The organization experienced a multi-year disruption in its financial operations that carried through both the FY 2023 and FY 2024 filing cycles. These circumstances were: a. Treasurer turnover and transition issues The long-time treasurer resigned, and the newly appointed treasurer inherited financial records that required significant reconstruction and verification. Much of the historical information needed for the FY 2024 return remained incomplete through the first half of 2025. b. Migration from QuickBooks Desktop to QuickBooks Online The conversion of several years of data created: Ledger variances Reclassification requirements Delays in producing accurate trial balances and year-end schedules Completion of the migration and cleanup extended well past the expected timeline. c. Bookkeeper medical retirement- Our outside bookkeeper, who had been leading the reconstruction, experienced serious medical issues and retired unexpectedly mid-project, leaving the organization temporarily without accounting support. d. CPA delays related to Florida storm disruptions- The organizations external CPA experienced workload bottlenecks and workflow interruptions due to storm-related disruptions affecting multiple clients in the region, which materially pushed back their ability to complete the organizations return. e. These circumstances were continuous, not new. Although we are not attaching last years penalty correspondence, we want to emphasize that the IRS previously recognized reasonable cause for the prior years filing delay arising from the same underlying circumstances. Those circumstances continued into the July 31, 2024 filing period, and the organizations delay for this year is a direct result of the same sustained operational issues. IRS reasonable-cause standards explicitly allow reliance on continuing circumstances that persist over multiple filing cycles. 3. Good Faith, Ordinary Business Care, and Corrective Actions- Once the organization was able to stabilize accounting operations and secure new bookkeeping support, the return was completed and filed promptly. The organization: Completed full reconstruction and cleanup of the books Fully stabilized QuickBooks Online Implemented improved financial oversight procedures Established a compliance calendar monitored by the Board Engaged outside support earlier for the current fiscal year?s return Importantly, the organizations books for fiscal year ending July 31, 2025 are already complete, and the FY 2025 Form 990 will be filed timely, demonstrating restored compliance. 4. Request for abatement- Because the late filing resulted from reasonable cause, and the organization acted with ordinary business care and prudence during a prolonged period of unavoidable operational disruption, we respectfully request that the IRS abate all late-filing penalties associated with the Form 990 for the year ended July 31, 2024. Thank you for your consideration of this request. Please contact us if additional information is needed.