2025-02-07T11:45:54-06:00 2022-12-31 844614358 CPA KPA LLC PO BOX 3 DELANO MN 55328 990PF 2022-01-01 862180263 WILSON DYNASTY FOUNDATION INC WILS 3176265000 4402 W WOODBRIDGE LANE NEW PALESTINE IN 46163 MICHAEL WILSON DIRECTOR 3176265000 2025-02-06 1 0 KYLE P ANDERSON P01535454 8884021780 2022 2025-03-06 01:10:19Z X 769782 X 356342 0 356342 0 0 0 0 2250 0 2250 1568 0 1568 3818 0 3818 0 0 3818 0 3818 352524 0 417258 422047 422047 17678 17678 0 330057 330057 417258 769782 769782 0 0 X 0 0 0 0 417258 769782 417258 769782 417258 769782 417258 352524 0 769782 0 769782 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 IN 1 0 0 0 0 1 WWW.WILSONRESTORATIVERANCH.ORG THE FOUNDATION 3176265000 4402 W WOODBRIDGE LANE NEW PALESTINE IN 46163 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MICHAEL WILSON 4402 W WOODBRIDGE LANE NEW PALESTINE IN 46163 PRESIDENT/DIRECTOR 0.50 0 0 0 THERESA LEON 4402 W WOODBRIDGE LANE NEW PALESTINE IN 46163 DIRECTOR 0.10 0 0 0 DAVID WILSON 4402 W WOODBRIDGE LANE NEW PALESTINE IN 46163 DIRECTOR 0.10 0 0 0 NONE 0 NONE 0 THE WILSON RESTORATIVE RANCH PROGRAM IS A START-UP INITIATIVE THAT FUNDS PROGRAMS TO COMBAT SEX TRAFFICKING AND SUPPORT SURVIVORS THROUGH AGRICULTURE, LODGING, AND RECREATIONAL ACTIVITIES. REVENUE FROM THESE OPERATIONS HELPS PROVIDE RESOURCES, EMPLOYMENT, AND REHABILITATION OPPORTUNITIES FOR THOSE AFFECTED, WHILE ALSO RAISING AWARENESS AND PROMOTING PREVENTION EFFORTS. 17678 0 0 414363 25389 439752 0 0 439752 6596 433156 21658 21658 0 21658 0 21658 0 21658 3818 0 17678 21496 21658 3375 0 0 21496 3375 0 0 18121 0 0 0 0 0 0 0 0 3537 0 0 0 MICHAEL WILSON THERESA LEON DAVID WILSON X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X X 1 MICHAEL WILSON 4402 W WOODBRIDGE LANE NEW PALESTINE IN 46163 356163 X X 1 PRECIOUS METALS: 3,113.2 OUNCES OF SILVER; 121.603 OUNCES OF GOLD; 6 OUNCES OF PLATINUM 330057 2022-12-31 1 PROGRAM RELATED SUPPLIES: PERISHABLE & NON-PERISHABLE INVENTORY 17678 2022-12-31 REQUEST FOR WAIVER OF PENALTIES DUE TO REASONABLE CAUSE FORM 990-PF REQUEST FOR WAIVER OF PENALTIES DUE TO REASONABLE CAUSEWILSON DYNASTY FOUNDATION INC.4402 W WOODBRIDGE LANENEW PALESTINE, IN 46163EIN: 86-2180263PHONE: 317-626-5000RE: REQUEST FOR WAIVER OF PENALTIES DUE TO REASONABLE CAUSE FOR LATE FILING OF FORM 990-PF (TAX YEAR 2022)TO WHOM IT MAY CONCERN,THE WILSON DYNASTY FOUNDATION INC. RESPECTFULLY REQUESTS A WAIVER OF ANY PENALTIES RELATED TO THE LATE FILING OF FORM 990-PF FOR THE 2022 TAX YEAR. DESPITE GOOD FAITH EFFORTS, MULTIPLE ATTEMPTS TO FILE THE RETURN BOTH ELECTRONICALLY AND BY MAIL WERE UNSUCCESSFUL DUE TO CIRCUMSTANCES BEYOND THE FOUNDATION'S CONTROL.THE FOUNDATION INITIALLY ATTEMPTED TO FILE THE 2022 FORM 990-PF ELECTRONICALLY BY THE RETURN'S DUE DATE. HOWEVER, REPEATED SYSTEM ERRORS LED TO REJECTIONS. A PAPER COPY WAS SUBSEQUENTLY MAILED, BUT THE IRS NEVER PROCESSED THE RETURN. THE FOUNDATION'S FORMER TAX PREPARER WAS UNABLE TO RESOLVE THE ISSUE, LEAVING THE FILING INCOMPLETE. FURTHER ATTEMPTS WERE MADE IN 2023, AND 2024, BUT EACH WAS UNSUCCESSFUL.RECOGNIZING THAT THE ISSUE REMAINED UNRESOLVED, THE FOUNDATION SOUGHT ASSISTANCE FROM THE IRS TAXPAYER ADVOCATE SERVICE (TAS) IN JUNE 2024. THE TAXPAYER ADVOCATE INTERVENED AND ADVISED ANOTHER FILING ATTEMPT. DESPITE FOLLOWING THIS GUIDANCE, THE RETURN WAS ONCE AGAIN REJECTED.IN JANUARY 2025, THE FOUNDATION ENGAGED CPA KPA, A PROFESSIONAL CPA FIRM, TO ASSIST IN RESOLVING THE MATTER. CPA KPA OBTAINED A LIMITED POWER OF ATTORNEY AND CONTACTED IRS AGENTS IN THE NONPROFIT DEPARTMENT. AFTER REVIEWING THE FOUNDATION'S ACCOUNT, THE IRS CONFIRMED MULTIPLE UNSUCCESSFUL FILING ATTEMPTS AND NOTED THAT THE 2022 TAX YEAR REMAINED OPEN, STILL REQUIRING FORM 990-PF. WITH CPA KPA'S ASSISTANCE, THE FOUNDATION SUCCESSFULLY FILED THE RETURN IN 2025.TO PREVENT FUTURE ISSUES, THE WILSON DYNASTY FOUNDATION HAS RETAINED CPA KPA TO OVERSEE TAX COMPLIANCE AND MANAGE ALL FILINGS. ADDITIONALLY, THE FOUNDATION WILL PROACTIVELY VERIFY THAT IRS SUBMISSIONS ARE RECEIVED AND PROCESSED IN A TIMELY MANNER TO AVOID SIMILAR COMPLICATIONS.THE WILSON DYNASTY FOUNDATION EXERCISED ORDINARY BUSINESS CARE AND PRUDENCE IN ATTEMPTING TO MEET ITS FILING OBLIGATIONS. THE REPEATED REJECTIONS AND UNPROCESSED FILINGS WERE DUE TO UNFORESEEN TECHNICAL AND ADMINISTRATIVE CHALLENGES RATHER THAN WILLFUL NEGLECT. THE FOUNDATION MADE CONTINUOUS EFFORTS TO RESOLVE THE MATTER BY WORKING WITH ITS ORIGINAL PROFESSIONAL TAX PREPARER, ENGAGING THE IRS TAXPAYER ADVOCATE SERVICE, SECURING PROFESSIONAL CPA ASSISTANCE, AND WORKING DIRECTLY WITH IRS AGENTS. GIVEN THESE DILIGENT EFFORTS, THE FOUNDATION RESPECTFULLY REQUESTS FULL ABATEMENT OF ANY PENALTIES RELATED TO THE LATE FILING OF FORM 990-PF FOR THE 2022 TAX YEAR.WE APPRECIATE YOUR TIME AND CONSIDERATION OF THIS REQUEST. IF ADDITIONAL DOCUMENTATION OR CLARIFICATION IS NEEDED, PLEASE CONTACT THE FOUNDATION AT 317-626-5000 OR OUR TAX ADVISOR, CPA KPA, AT 888-402-1780.THANK YOU,WILSON DYNASTY FOUNDATION INC.EIN: 86-2180263 PRECIOUS METALS AT COST 330057 330057 LEGAL EXPENSE 2250 0 2250 BANK FEES 45 0 45 IN SOS FEES 23 0 23 RE APPRAISAL FEES 1500 0 1500