2024-09-10T13:47:40-07:00 2022-12-31 811585294 CNRG Accounting Advisory LLC 1031 33rd St Denver CO 80205 990 2022-01-01 813992058 6757 Olive Holdings 6757 3149972259 6757 Olive Blvd University City MO 63130 Ellicia Lainer Executive Director 2024-09-10 true true Chyla Graham P02016884 8449322674 2022 2024-08-08 14:25:15Z Ellicia Lainer 85954 false X N/A X 2016 MO 6757 Olive Holdings serves as the owner of real estate located at 6757 Olive Boulevard,Saint Louis, Missouri,which it leases in its entirety to Urban Sprouts for its early childcare mission. 5 4 0 4 0 0 0 0 82628 85954 82628 85954 0 0 0 0 5806 116117 116117 116117 116117 -33489 -30163 1912904 1882741 1980000 1980000 -67096 -97259 6757 Olive Holdings serves as the owner of real estate located at 6757 Olive Boulevard,Saint Louis, Missouri,which it leases in its entirety to Urban Sprouts for its early childcare mission. false false 98699 TBD 98699 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 true 0 false false false false false false false 0 false false false false false false false X 5 4 false false false false false false false true true false false false false true true false false false X Ellicia Lanier 3149972259 6757 Olive Blvd University City MO 63130 Ellicia Lanier Executive Dir. 50.00 0.00 X 0 175000 0 Andrea Wilson Chairman 4.00 0.00 X X 0 0 0 Naretha Hopson Secretary 4.00 0.00 X X 0 0 0 Gloria Reed Director 4.00 0.00 X X 0 0 0 Barbara Wilson Treasurer 4.00 0.00 X 0 0 0 175000 0 false true false 0 0 0 0 0 0 85954 85954 85954 85954 0 0 0 0 0 85954 85954 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70258 59719 7026 3513 0 45859 38980 4586 2293 0 0 116117 98699 11612 5806 5903 11789 0 0 0 0 0 0 0 0 2068758 264174 1850444 1804584 0 0 0 0 56557 66368 1912904 1882741 1980000 1980000 1980000 1980000 X -67096 -97259 -67096 -97259 1912904 1882741 -30163 X false false false X X 1 Urban Sprouts 611753198 10 true 0 0 1 0 true false false false false false false false false false false false false false false true false 268300 268300 136700 19279 117421 1651810 232947 1418863 11948 11948 1804584 false false false false false false false false false Ellicia Lanier Executive Dir. 175000 175000 Form 990, Part VI, Section B, Line 11b Form 990 is prepared and presented to the Executive Director for review. The Executive Director reviews the return and provides an electronic copy of Form 990 to all members of the board for their review, questions and comments, or revisions prior to filing the return. Form 990, Part VI, Section B, Line 12c Officers,directors and key employees are provided with a conflict of interest policy annually and a disclosure form is provided to disclose any potential conflicts of interest. All other officers, directors and key employees are asked to sign the annual disclosure form. Those forms are reviewed for potential conflicts and issues are handled on a case by case basis. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents and conflict of interest policy available to the public upon written request. Urban Sprouts 6757 Olive Blvd St Louis MO 63130 611753198 Pre-school MO 501(c)(3) 10 NA false false false false false false false false false false true false false false false false false false false false Urban Sprouts j 85954 FMV According to IRM 20.1.1.3.2, Reasonable cause, the IRS provides relief from a penalty based on reasonable cause when the taxpayer exercised ordinary business care and prudence in determining his or her tax obligations but was nevertheless unable to comply with those obligations. In Spring 2023, 6757 Olive Holdings? (OH) supported organization Urban Sprouts (US) engaged an accountant to complete the IRS Form 990 filing. The accountant did not file the return. US reached out to the new accountant who was engaged in January 2024. While the new accountant prepared the return for US, it was determined that the return of OH was never filed. As a result, the complete and accurate return was not filed until September 10, 2024. There was no intentional negligence on the part of OH, but instead a lack of professional services that led to this late filing. The taxpayer exercised ordinary business care and prudence by taking action once they identified that the 2022 return was not filed. There is a new accountant and systems in place to ensure compliance with timely filings moving forward. Based on the facts presented above, we respectfully request that the any penalties assessed be removed based on reasonable cause.