We are writing to request an abatement of the penalties associated with the late filing of our Form 990 for the fiscal year ending December 31 2023. Upon receiving our EIN on December 7 2023 our organization mistakenly believed that our fiscal year would end on December 31 2024 which would mean our 990-PF form being due May 2025. This misunderstanding was due to a misinterpretation of IRS guidelines regarding the establishment of fiscal years for newly formed organizations. We believed that our first fiscal year would cover a full 12 months from the date of EIN issuance leading to the oversight of the short tax year ending December 31 2023. We respectfully request that the IRS consider these circumstances as reasonable cause for the late filing and abate any penalties associated with this delay. Our organization is committed to maintaining compliance with all IRS requirements moving forward.