2023-12-01T14:15:57-06:00 2021-12-31 BDO USA 200 OTTAWA AVE NW STE 300 GRAND RAPIDS MI 49503 990 2021-03-15 352711268 Intrepid Alliance Inc C/O BROWNE CONSULTING GROUP % BROWNE CONSULTING GROUP INTR 7817572081 ONE BROADWAY Suite 14TH FL CAMBRIDGE MA 01242 JAMES BERGIN TREASURER 7817572081 2023-11-10 true JAMES BERGIN 999009999 Jacob Cook P01240455 6167747000 2023-11-10 3 2021 2023-04-26 12:10:37Z X X JAMES ANDERSON ONE BROADWAY 14TH FL CAMBRIDGE MA 01242 500000 false X INTREPIDALLIANCE.ORG X 2021 DE PROMOTE THE COMMON BUSINESS INTEREST OF ITS MEMBERS OF ADVANCING GLOBAL HEALTH SECURITY THROUGH PANDEMIC PREPAREDNESS EFFORTS. 1 1 0 0 0 0 0 0 0 500000 0 0 0 0 0 500000 0 0 0 0 0 0 0 0 0 0 47600 0 47600 0 452400 0 500000 0 47600 0 452400 X THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROMOTE THE COMMON BUSINESS INTEREST OF ITS MEMBERS OF ADVANCING GLOBAL HEALTH SECURITY THROUGH PANDEMIC PREPAREDNESS EFFORTS. THE CORPORATION WILL PURSUE THIS PURPOSE BY PROMOTING THE DEVELOPMENT OF NEW TREATMENTS FOR EMERGING VIRAL PANDEMIC PATHOGENS THROUGH COORDINATED EARLY SCIENCE, POLICY AND ADVOCACY, STAKEHOLDER ENGAGEMENT THAT FACILITATES INFORMATION SHARING, AND ADVANCING AND CREATING EFFICIENCIES IN EARLY RESEARCH AND DEVELOPMENT AMONG ITS MEMBERS AND OTHERS IN THE ANTIVIRAL R&D ECOSYSTEM. IN THIS WAY THE CORPORATION AIMS TO SUPPORT THE 100 DAY MISSION, AN INTERNATIONAL EFFORT BY THE INTERNATIONAL PANDEMIC PREPAREDNESS SECRETARIAT(IPPS.ORG) "TO PREPARE AS MUCH AS POSSIBLE SO THAT WITHIN THE FIRST 100 DAYS A PANDEMIC THREAT IS IDENTIFIED AN INITIAL REGIMEN OF THERAPEUTICS" CAN BE MADE AVAILABLE BY RESEARCH ENTERPRISES THAT ARE SAFE, EFFECTIVE AND AFFORDABLE. false false BEYOND COVID-19, GLOBALIZATION, URBAN EXPANSION, AND EXPLOITATION OF NATURAL HABITATS SUGGEST HUMANITY WILL FACE NEW FORMS OF RESPIRATORY AND OTHER PATHOGENS THAT HOLD THE POTENTIAL TO CAUSE PANDEMICS. ORALLY AVAILABLE SMALL-MOLECULE ANTIVIRAL DRUGS FOR RAPID MOBILIZATION AND DISTRIBUTION ARE A CRITICAL TOOL TO PROTECT SOCIETIES FROM ANOTHER VIRAL PANDEMIC. UNLIKE SOME VACCINES AND ANTIBODIES, ANTIVIRAL THERAPIES MIGHT BE LESS PRONE TO THE IMPACT OF VIRUS GENETIC EVOLUTION, MAY BE EFFECTIVE AGAINST A BROAD RANGE OF VIRUSES, AND CAN CHANGE THE COURSE OF DISEASE EVEN AFTER INFECTION. MOST SMALL MOLECULE ANTIVIRALS CAN BE PRODUCED RAPIDLY AND COST-EFFECTIVELY AT A GLOBAL SCALE IN EXISTING FACILITIES, BUT THEY REQUIRE YEARS TO DISCOVER AND DEVELOP, SO IT IS CRITICAL TO PROMOTE AND SUPPORT RESEARCH, ADVOCACY, AND SCIENTIFIC INFORMATION SHARING ACROSS THE ACADEMIC BIOTECH AND PHARMACEUTICAL INDUSTRY. IN ORDER TO CREATE EFFICIENCIES IN THE R&D ECOSYSTEM, THE CORPORATION WILL COLLABORATE WITH PARTNERS IN OTHER SECTORS AND ITS MEMBERS IN EXPLORING REDUNDANCIES AND OPPORTUNITIES TO COLLABORATE FOR THE BENEFIT OF HUMANITY SUCH AS SHARING NEW RESEARCH FINDINGS, CREATING STANDARDS SUCH AS TARGET PRODUCT PROFILES, BENCHMARKING GLOBAL R&D EFFORTS AGAINST PATHOGENS OF PANDEMIC CONCERN AND CREATING A LISTING OF PROMISING LEAD PRODUCT CANDIDATES BY RESEARCHERS GLOBALLY. WE HOPE TO ACCELERATE THE COLLECTIVE UNDERSTANDING OF VIRAL TARGETS AND INCREASE THE LIKELIHOOD OF THE R&D ECOSYSTEM IN IDENTIFYING PROMISING LEADS. THE CORPORATION INTENDS TO FACILITATE FURTHER SCIENTIFIC INFORMATION SHARING BY DEVELOPING WHITE PAPERS ON RELEVANT TOPICS, PERFORMING A LANDSCAPE AND NEEDS ASSESSMENT ACROSS PUBLIC AND PRIVATE ANTIVIRAL RESEARCH SECTORS, AND PROVIDING KNOWLEDGE-SHARING OPPORTUNITIES THROUGH ORGANIZING MEETINGS AND SEMINARS. false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 1 1 false false false false true true false true true false false true true true true false false false false false X BROWNE CONSULTING GROUP 7817572081 ONE BROADWAY 14TH FL CAMBRIDGE MA 01242 X ELLIOTT LEVY PRESIDENT 1.0 0.0 X X 0 0 0 0 0 0 0 false false false 0 0 MEMBERSHIP DUES 621500 500000 500000 500000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 500000 500000 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 0 0 0 0 HR/RECRUITING 47600 47600 0 500000 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 0 0 0 0 500000 0 47600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 47600 X 0 0 0 0 0 452400 0 452400 0 500000 452400 X false false false false true false FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS MEMBERS THAT ARE ENGAGED IN THE PRODUCTION AND/OR DEVELOPMENT OF PHARMACEUTICAL PRODUCTS. FORM 990, PART VI, SECTION A, LINE 7A: THE MEMBERS HAVE THE RIGHT TO VOTE ON THE ADMISSION OF NEW MEMBERS, THE APPOINTMENT OR ELECTION OF DIRECTORS, THE REMOVAL OF DIRECTORS AND THE ADOPTION, AMENDMENT, CHANGE OR REPEAL OF THE ORGANIZATION'S ORGANIZING DOCUMENTS. FORM 990, PART VI, SECTION B, LINE 11B: THE ORGANIZATION'S FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. November 10, 2023 RE: PENALTY ABATEMENT REQUEST Taxpayer: Intrepid Alliance Inc EIN: 35-2711268 Tax Form: 990 Tax Period: 2021 To Whom it May Concern: We represent Intrepid Alliance Inc ("Taxpayer"). 2021 Form 990 is being filed late. For the reasons stated within, Taxpayer respectfully requests abatement of any assessed penalties. Taxpayer is a 501(c)(6) Business League and has been in existence since 2021. A penalty would cause a financial hardship and harm the members it seeks to provide benefits. The taxpayer's operations would certainly be negatively impacted. Taxpayer has met the reasonable cause standard by demonstrating it exercised ordinary business care and prudence, therefore qualifies for abatement of penalty. Treas. Reg. 301.6652-1(f), Showing of reasonable cause states, "The amount imposed by subsection (a), (b), or (c) of section 6652 shall not apply with respect to a failure to file a statement within the time prescribed if it is established to the satisfaction of the district director or the director of the Internal Revenue Service Center that such failure was due to reasonable cause and not to willful neglect." In addition, IRM 20.1.1.3.2.1 Standards and Authorities cites, "Any reason that establishes a taxpayer exercised ordinary business care and prudence but nevertheless failed to comply with the tax law may be considered for penalty relief." Further, IRM 20.1.1.3.2.2 Ordinary Business Care and Prudence discusses that, "A taxpayer may establish reasonable cause by providing facts and circumstances showing that he or she exercised ordinary business care and prudence (taking that degree of care that a reasonably prudent person would exercise), but nevertheless were unable to comply with the law." The failure to file 2021 Form 990 in a timely manner was due to an error in filing the incorrect tax form. A form 1120 was timely filed for 2021 due to a misunderstanding by management. Subsequently, the taxpayer engaged an attorney and accountant to prepare and file Form 1024 which was filed in June 2023. At the same time, the taxpayer engaged their accountant to prepare and file the outstanding 2021 Form 990 and current year 2022 Form 990. The taxpayer will be filing Form 1120-X for 2021 once approval is granted on the 1024 application. Taxpayer has consistently engaged a professional tax preparer to file its required federal returns for 2021 and 2022. Taxpayer acted in good faith, as well as in a responsible manner relative to Form 990 by filing the return with the IRS as soon it became aware that the wrong form was filed. The late filing was not intentional or due to willful neglect, nor was there any deliberate attempt to disregard the rules and regulations of the filing requirement; it was simply an inadvertent error. It is also important to note that there is no outstanding tax. Further, IRM 20.1.1.2 Purpose of Penalties states, "Penalties exist to encourage voluntary compliance by supporting the standards of behavior required by the Internal Revenue Code. For most taxpayers, voluntary compliance consists of preparing an accurate return, filing it timely, and paying any tax due. Efforts made to fulfill these obligations constitute compliant behavior." Taxpayer made every effort to timely file its return. Taxpayer is historically compliant in its tax obligations, having never been assessed a late penalty and is committed to meeting all tax law requirements. Taxpayer has satisfied the requirement for reasonable cause by confirming it acted in a prudent and reasonable manner and was neither willful nor neglectful. Taxpayer respectfully requests that any penalties assessed by the IRS for the 2021 Form 990 be abated. I am submitting this on behalf of Taxpayer and I have conveyed the facts stated in this correspondence as told to me including any accompanying documents and to the best of my knowledge and belief they are true, correct and complete. Thank you for your consideration. If you require further information, please contact me at 616-802-3493. Respectfully, Jacob Cook Jacob Cook