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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>The CEO's compensation was reviewed and approved by independent members of the governing body. The CEO is not a director and did not participate in the board's discussion or vote concerning her compensation. The board considered compensation information for comparable positions and organizations and documented its decision in contemporaneous meeting minutes. This process was most recently completed in 2024.</ExplanationTxt>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Independent contractor services for organizational administration, operational support, bookkeeping, compliance, planning, and other general management activities.</ExplanationTxt>
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      <ExplanationTxt>Storytime Village, Inc. respectfully requests reasonable-cause relief for the late filing of its 2024 Form 990. The delay resulted from difficulty obtaining and reconciling complete accounting information from multiple sources, including bank records, payment platforms, government grant drawdowns, restricted grant activity, AmeriCorps member-service activity, fundraising events, refunds, and transactions initially recorded in incorrect accounts. The organization also acquired land and incurred architectural and design costs for a federally funded literacy center project, requiring additional review to distinguish capital assets from operating expenses. These issues prevented preparation of a complete and accurate return by the filing deadline. The organization exercised ordinary business care by reviewing the transactions, obtaining assistance, reconciling the accounts, correcting classifications, and filing the return promptly after the information was resolved. The delay was not intentional and did not result from willful neglect. To prevent recurrence, the organization has implemented periodic account reconciliations, grant tracking, transaction classification reviews, document-retention procedures, and an annual compliance calendar with advance filing and extension deadlines. Under penalties of perjury, I declare that the facts stated above are true and correct to the best of my knowledge.</ExplanationTxt>
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