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        <FormAndLineReferenceDesc>Part I, Line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>Peoria Proud reported approximately $95,000 in expenses, which were incurred in furtherance of its mission through community programming, event production, and general organizational operations. These expenses were primarily made up of costs associated with planning and hosting events, including permits, entertainment, security, sanitation, marketing, signage, supplies, accessibility accommodations, and other related program expenses. The organization also incurred standard operating expenses such as insurance, website and technology costs, software subscriptions, payment processing and banking fees, and other administrative and compliance related expenses necessary to maintain the organization. No part of these expenses was used to provide compensation to board members, as the organization is governed by an all volunteer board.</ExplanationTxt>
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      <ExplanationTxt>Peoria Proud respectfully requests relief from any penalty associated with the late filing of its Form 990 for the tax year ending October 2025. The return was filed late due to an unexpected leadership transition within the organization. Specifically, Peoria Prouds leader and president, River Russell, departed unexpectedly, which required the Executive Committee to assume additional responsibilities and work quickly to bring the organizations records, compliance obligations, and financial documentation into order. This transition created delays in accessing, reviewing, and organizing the information necessary to complete the return accurately and on time. This delay was not due to willful neglect. Rather, it resulted from an unplanned disruption in leadership and the time required for the Executive Committee to stabilize operations, confirm financial records, and determine responsibility for completing the filing. Once the necessary information was gathered and reviewed, Peoria Proud acted as promptly as possible to file the return. Since that time, the organization has taken steps to improve internal processes and oversight to help prevent a similar delay in the future. Under penalties of perjury, I declare that I have examined this statement, and to the best of my knowledge and belief, it is true, correct, and complete. Jacob Bowers Interim President Peoria Proud</ExplanationTxt>
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