2025-02-05T13:14:04-06:00 2023-12-31 760131587 O'NEAL & HOLMES LLP 600 Rockmead Dr Suite 110 Kingwood TX 77339 990 2023-01-01 464786966 TAVOLA COMMUNITY FOUNDATION INC TAVO 2815784200 2002 WEST GRAND PARKWAY N KATY TX 77449 KATE DAVIS PRESIDENT 2815784200 2025-02-05 1 0 TOM HILTABRAND CPA P00664228 2818527473 2025-02-05 2023 2025-03-06 01:10:19Z X KATE DAVIS 2002 WEST GRAND PARKWAY N KATY TX 77449 387369 0 X WWW.INFRAMARK.COM X HOMEOWNERS ASSOCIATION 2014 TX ORGANIZATION PROVIDED FUNDING FOR SCHOOL AND COMMUNITY ACTIVITIES INCLUDING SPECIFIC TUITION OR EXPENSE PAYMENTS FOR THE WELFARE AND BENEFIT OF THE ENTIRE COMMUNITY 3 1 0 3 0 0 347170 0 0 356711 2251 30658 0 0 349421 387369 112337 109658 0 0 0 0 0 0 0 31265 70074 143602 179732 205819 207637 824523 1044013 3611 15464 820912 1028549 ORGANIZATION PROVIDED FUNDING FOR SCHOOL AND COMMUNITY ACTIVITIES INCLUDING SPECIFIC TUITION OR EXPENSE PAYMENTS FOR THE WELFARE AND BENEFIT OF THE ENTIRE COMMUNITY 0 0 179107 109658 THE PURPOSE OF THIS ORGANIZATION IS TO PROVIDE FUNDING FOR SCHOOL AND COMMUNITY ACTIVITIES INCLUDING SPECIFIC TUITION OR EXPENSE PAYMENTS FOR THE WELFARE AND BENEFIT OF THE ENTIRE COMMUNITY 179107 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 X INFRAMARK 2818700585 2002 W GRAND PKWY N 100 KATY TX 77449 X KIM STEWART VICE PRESIDENT 2.00 X X 0 0 0 KATE DAVIS PRESIDENT 2.00 X X 0 0 0 MARK LINDABURY TREASURER 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 MEMBER ASSESSMENTS 900099 356711 356711 356711 30658 30658 387369 387369 0 0 109658 109658 625 625 474 474 COMMUNITY EVENTS 63803 63803 MISCELLANEOUS 4643 4643 BANK CHARGES 450 450 SERVICES 54 54 25 25 179732 179107 625 0 816253 1025320 8270 18611 82 824523 1044013 24 12218 3587 3246 3611 15464 X 0 0 0 0 820912 1028549 820912 1028549 824523 1044013 207637 0 X 0 0 0 1 1 0 0 387369 0 387369 0 387369 179732 0 179732 0 179732 0 Form 990, Part VI, Section A, line 6 THE ASSOCIATION IS A NON PROFIT ORGANIZATION THAT IS GOVERNED BY AN UNCOMPENSATED VOLUNTEER BOARD OF DIRECTORS THAT ARE VOTED INTO OFFICE BY THE MEMBERSHIP. Form 990, Part VI, Section B, line 11b REVIEWED AT MONTHLY BOARD OF DIRECTORS MEETING. Form 990, Part VI, Section C, line 19 THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST FOR INSPECTION. The Foundation is under the direction of an elected, non-compensated, volunteer Board of Directors. The Board of Directors of the Association has always hired a CPA firm for annual tax return preparation services. Additionally, the Foundation has hired a professional management company to help administrate the day to day affairs of the Foundation, including the procurement of professional legal, tax, and accounting services and for the filing of all required state and federal tax returns. During the year, the Foundation changed to a new management company. The Foundation's new management company thought that a new CPA firm was going to prepare the tax return form 990. The Foundation's previous CPA firm (O'Neal & Holmes, LLP) was told that a new CPA was going to prepare the return. As a result, the previous CPA firm did not prepare an extension request, as they thought that the new CPA firm was going to handle the return preparation. This misunderstanding between the management company and the previous CPA firm inadvertently caused the tax return to not be filed timely. Upon discovering this fact, the Foundation at the direction of the management company quickly hired O'Neal & Holmes, LLP to prepare the form 990.The Board of Directors, acting in good faith, relied on their professionals to timely prepare and file form 990. They were always assured that all tax returns had been filed and that the CPA firm and management company had taken care of everything. They relied upon these assurances and representations and therefor assumed all tax matters were in proper order, and had no reason to assume otherwise. The Foundation has a good history of timely tax filings. Additionally, the Foundation has in the past and continues today to exercise careful business prudence with respect to its tax filing obligations. Please accept this as the Association's formal request for waiving the penalty and abatement thereof. The Association, acting through its Board of Directors, had reasonable cause as noted in Internal Revenue Code Section 6652(c)(3), Regulations Sec. 301.6652-2(f), and relevant court cases to waive the penalty in this situation. Thank you for your consideration in this matter. If you have any questions or if we can be of assistance, please feel free to contact the preparer.