2024-04-30T11:24:07-07:00 2021-12-31 990EZ 2021-01-01 274774680 COMMUNITY MATH ACADEMY INC COMM 9803261945 PO Box 687 Shelby NC 28151 Jassen Grant Accountant 9803261945 2024-04-30 Jassen Grant 999009999 0 11 1 AAL2 2021 2023-04-26 12:10:37Z X communitymathacademy.org X X 120215 X 120215 0 0 0 0 0 0 0 0 0 0 0 0 0 0 120215 0 0 77570 0 0 0 18198 95768 24447 86556 -1 111002 86556 111002 0 0 0 0 86556 111002 0 0 86556 111002 Our purpose is to focus on the underserved community youth between the 3rd and 6th grades with a high quality math intensive, strengthening their understanding of math concepts, improving their math skills thereby increasing their confidence and mindsets towards math in general. The Math Academy was able to reach hundreds of children in the targeted age groups utilizing existing teachers in the school system they are apart of to bring greater awareness and increased learning capability to math and sciences. Achieving greater relational connections with teachers and openness to understanding the children and their lives improves their learning capacity. 0 111002 111002 Tropzie McCluney Executive Director 20 25000 0 0 Larry Corry Board Member 8 0 0 0 Juan Cherry Board Member 4 0 0 0 M Lamont Littlejohn Board Member 4 0 0 0 Richard Hooker Board Member 4 0 0 0 Rhonda James Board Member 4 0 0 0 Bruce Mack Board Member 4 0 0 0 Andrea Fite Board Member 4 0 0 0 Ronald Harrill Board Member 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Jassen Grant PO Box 687 Shelby NC 28151 9803261945 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 87680 97276 153591 75394 120135 534076 87680 97276 153591 75394 120135 534076 534076 87680 97276 153591 75394 120135 534076 1 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16 general office expenses Form 990-EZ, Part I, Line 20 Rounding adjustment The form 990 was originally mailed to the IRS, the previous bookkeeper did not realize at the time that regulations required that the report be e-filed. The pandemic called for internal restructure and during such time the organization was unaware that the timely form 990ez was improperly filed, not knowing until being made aware through correspondence from the IRS. After corresponding with the IRS our organization is re-submitting the timely information report electronically. All things considered we are officially requesting an abatement of penalties based on the following information: 1. The Math Academy sole income is from grants and public donations, the penalty is sizeable enough that payment of the penalty will bankrupt the organization. All activities and functions will cease immediately due to the organization becoming insolvent. 2. Grants and gifts gained from local charities and businesses were based on the assurance of timely filings and IRS compliance. This penalty alone would open the door for potential civic liability due to requirements outlined in the grants pertaining to IRS compliance. 3. The organization has never not filed, nor has the organization ever been late in filing the timely form 990ez. 4. It was the intention of the Math Academy to file the timely form 990ez, certified mail delivery receipts are on file to certify that the mail in copy was received by the IRS before the due date the receipt can be provided if necessary. 5. We believe that the lack of timely response here is isolated and is an indirect result of the pandemic which caused issues to happen that are outside the normal mode of operation. The Community Math Academy has never had any other legal or tax issues in the history of the organization. We hopefully have made a sufficient case for full abatement of penalties relating to this tax year and are again requesting that all penalties in full associated with this tax year be removed.