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n:ii1bizO89 08:40 8089656045 HR BLOCK PAGE 03/04 14 HILO ORCHID SOCIETY INC part of the organization that resulted in your loss of such statue, or if he or she acquired knowledge that the internal Revenue Service had given notice that you would no longer be classified as a section 509(a)(1) organization. Donors may deduct contributions to you as provided in section 170 of the Code. Bequests, legacies, devises, transfers, or gifts to you or for your use are deductible for federal estate andlgift tax purposes if they meet the applicable provisions of Code sections) 2055, 2106, and 2522. Contribution deductions are allowable to donors only to the extent that their contributions are gifts, with no consideration received. Ticket pur- chases and similar payments in conjunction with fundraising events may not necessarily qualify as deductible contributions, depending on the circum- stances. See Revenue Ruling 67-246, published in Cumulative Bulletin 1967-2, on page 104, which sets forth guidelines regarding the deductibility, as chari- table contributions, of payments made by taxpayers for admission to or other participation in fundraising activities for charity. In the heading of this letter we have indicated whether you must file Form .990, Return of Organization Exempt From Income Tax. If Yes is indicated, you are required to file Form 990 only if your gross receipts each year are normally more than $25,000. However,. if you receive a Form 990 package in the mail, please file the return even if you do not exceed the gross receipts test. If you are not required to file, simply attach the label provided, check the box in the heading to indicate that your annual gross receipts are normally $25,000 or less, and sign the return. If a return is required, it must be filed by the 15th day of the fifth month after the and of your annual accounting period. A penalty of $20 a day is charged when a return is filed late, unless there is reasonable cause for the delay. However, the maximum penalty charged cannot exceed $10,000 or 5 percent of your gross receipts for the year, whichever is less. For organizations with gross receipts exceeding $1,000,000 in any year, the penalty is $100 per day per return, unless there is reasonable cause for the delay. The maximum penalty for an organization with gross receipts exceeding $1,000,000 shall not exceed $50,000. (This penalty may also be charged if a return is not complete, so be sure your return is complete before you file it. You are required to make your annual information return, Form 990 or Form 990-EZ, available for public inspection for three years after the later of the due date of the return or the date the return is filed. You are also (required to make available for publiclinspection your exemption application, any supporting documents, and your exemption letter. Copies of these (documents are also required to be provided to any individual upon written or in ,person request without charge ether than reasonable fees for copying and postage. You may fulfill this requirement by placing these documents on the Internet.' Penalties may be imposed for failure to comply with these requirements. Additional information pis available in Publication 557, 'fax-Exempt Status for Your organization, or you may call our toll free number shown above. Letter 947 (DO/CO) I