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        <BusinessNameLine1Txt>Mid-Missouri Pridefest</BusinessNameLine1Txt>
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      <PersonNm>Janet Davis</PersonNm>
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        <FormAndLineReferenceDesc>Part I, line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>| Other Expenses:, Amount:| PrideFest Event Entertainment, $16461.00| PrideFest Event Supplies &amp; Decor, $14517.00| PrideFest Event Venue &amp; Security, $5625.00| PrideFest Event Volunteer Vendor Expenses, $6847.00| PrideFest Event Advertising, $1346.00| PrideFest Event Insurance, $1520.00| PrideFest Event City Expenses, $292.00| Other Program Costs - Parade, $266.00| Other Program Costs - Pageant, $2084.00| Other Program Costs - MU Homecoming Parade, $1101.00| Administrative - Office Supplies, $1417.00| Administrative - Bank Fees, $84.00| Administrative - Credit Card Fees, $1609.00| Administrative - Insurance General, $1230.00| Administrative - Taxes &amp; Licensing, $16.00| Other - Equipment, $1499.00| Other - Board Expense, $1117.00| Reconciliation Discrepancy, $1531.00|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part II, line 24</FormAndLineReferenceDesc>
        <ExplanationTxt>| Asset Name:, BOY Amount:, EOY Amount:| Fixed Assets, $28410, $28409| Other Assets, $7822, 0| Inventory, 0, $4597|</ExplanationTxt>
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      <ExplanationTxt>Mid-Missouri PrideFest submits this statement to explain the late filing of its Form 990-EZ for the 2024 tax year. During the filing period the organization experienced a breakdown in its internal financial reporting and compliance processes. Responsibility for the preparation and submission of the Form 990-EZ had been assigned to a prior treasurer; however the return was not completed or filed as required. As a volunteer-led organization this lapse was not identified in a timely manner due to limited administrative capacity and a failure of oversight. In addition the organization was navigating a period of operational and financial strain which further impacted its ability to maintain normal compliance procedures. Upon becoming aware of the issue current leadership took immediate corrective action. The organization has since reviewed its financial records ensured the return was prepared accurately and implemented improved internal controls to prevent recurrence. These measures include enhanced board oversight clearer assignment of compliance responsibilities and the establishment of more consistent financial reporting practices. The organization is committed to full compliance with all filing requirements and respectfully requests that any applicable penalties be abated based on reasonable cause and internal corrective actions taken.</ExplanationTxt>
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