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TAX-EXEMPT DOCUMENTATION
INTERNAL REVENUE SERVICE
DEPARTMENT
OF THE TREASURY
DISTRICT
DIRECTOR
P.O.
BOX 2508
CINCINNATI,
OH 45201
Date:
December 1, 1995
PRECIOUS TESTIMONIES EVANGELISTIC MINISTRIES, INC.
P.O. BOX 516
JENISON, MI 49429
Employer Identification Number:
38-3250120
DLN:
315262014
Contact
Person:
NAOMI
ANDERSON
(513)
684-2501
Accounting
Period Ending:
December
31
Foundation
Status Classification:
50(a)(1)
Advance
Ruling Period Begins:
April
25, 1995
Advance
Ruling Period Ends:
December
31, 1999
Addendum
Applies: No
Based on
information you supplied, and assuming your operations will be as stated in
your application for recognition of exemption, we have determined you are
exempt from federal income tax under section 501(a) of the Internal Revenue
Code as an organization described in section 501(c)(3).
Because you
are a newly created organization, we are not now making a final determination
of your foundation status under section 509(a) of the Code. However, we have
determined that you can reasonably expect to be a publicly supported
organization described in sections 509(a)(1) and 170(b)(1)(A)(vi).
Accordingly,
during an advance ruling period you will be treated as a publicly supported
organization, and not as a private foundation. This advance ruling period
begins and ends on the dates shown above.
Within 90
days after the end of your advance ruling period, you must send us the information needed to
determine whether you have met the requirements of the applicable support
test during the advance ruling period. Ii you establish that you have been a
publicly supported organization, we will classify you as a section 509(a)(1)
or 509(a)(2) organization as long as you continue to meet the requirements of
the applicable support test. If you do not meet the public support
requirements during the advance ruling period, we will classify you as a
private foundation for future periods. Also, if we classify you as a private
foundation, we will treat you as a private foundation from your beginning
date for purposes of section 507(d) and 4940.
Grantors and contributors may rely on our determination that you are not a private foundation until 90 days after the end of your advance ruling period. If you send us the required information within the 90 days, grantors and contributors may continue to rely on the advance determination until we make a final determination of your foundation status.
If we publish a notice in the Internal Revenue Bulletin stating that we will no longer treat you as a publicly supported organization, grantors and contributors may not rely on this determination after the date we publish the notice. In addition, if you lose your status as a publicly supported organization, and a grantor or contributor was responsible for, or was aware of, the act or failure to act, that resulted in your loss of such status, that person may not rely on this determination from the date of the act or failure to act. Also, if a grantor or contributor learned that we had given notice that you would be removed from classification as a publicly supported organization, then that person may not rely on this determination as of the date he or she acquired such knowledge.If you change your sources of support, your purposes, character, or method of operation, please let us know so we can consider the effect of the change on your exempt status and foundation status. If you amend your organizational document or bylaws, please send us a copy of the amended document or bylaws. Also, let us know all changes in your name or address.
As of
January 1, 1984, you are liable for social security taxes under the Federal
Insurance Contributions Act on amounts of $100 or more you pay to each of
your employees during a calendar year. You are not liable for the tax imposed
under the Federal Unemployment Tax Act (FUTA).
Organizations
that are not private foundations are not subject to the private foundation
excise taxes under Chapter 42 of the Internal Revenue Code. However, you are
not automatically exempt from other federal excise taxes. If you have any
questions about excise, employment, or other federal taxes, please let us
know.
Donors
may
deduct contributions to you as provided in section 170 of the Internal Revenue
Code. Bequests, legacies, devises, transfers, or gifts to you or for your use
are deductible for Federal estate and gift tax purposes if they meet the
applicable provisions of sections 2055, 2106, and 2522 of the Code.
Donors may
deduct contributions to you only to the extent that their contributions are
gifts, with no consideration received. Ticket purchases and similar payments
in conjunction with fundraising events may not necessarily qualify as
deductible contributions, depending on the circumstances. Revenue Ruling 67-246,
published in Cumulative Bulletin 1967-2, on page 104, gives guidelines
regarding when taxpayers may deduct payments for admission to, or other
participation in, fundraising activities for charity.
You are not required to file Form 990, Return of Organization Exempt From Income Tax, if your gross receipts each year are normally $25,000 or less. If you receive a Form 990 package in the mail, 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.
[Special Note: As of December 25, 2004, donations to this ministry have not been more than $25,000 a year for any year since the inception of this ministry.]
If you are required to file a return you must file it by the 15th day of the fifth month after the end of your annual accounting period. We charge a penalty of $10 a day when a return is filed late, unless there is reasonable cause for the delay. However, the maximum penalty we charge cannot exceed $5,000 or 5 percent of your gross receipts for the year, whichever is less. may also charge this penalty if a return is not complete. So, please be sure your return is complete before you file it.
You are not
required to file federal income tax returns unless you are subject to the tax
on unrelated business income under section 511 of the Code. If you are
subject to this tax, you must file an income tax return on Form 990-T,
Exempt Organization Business Income Tax Return. In this letter we are not
determining whether any of your present or proposed activities are unrelated
trade or business as defined in section 513 of the Code.
You need an
employer identification number even if you have no employees. If an employer
identification number was not entered on your application, we will assign a
number to you and advise you of it. Please use that number on all returns you
file and in all correspondence with the Internal Revenue Service.
You have
indicated that you plan to finance your activities with tax-exempt bond
proceeds. By letter dated you have agreed to request a confirmation ruling as
to the effect of bond financing on your exempt status from the Exempt
Organizations Division, Internal Revenue Service, 1111 Constitution Avenue,
NW., Washington, DC 20224, Attn: CP:E:EO in a reasonable time prior to the
bond issuance date. Therefore, bond authorities should not rely on this
determination concerning the effect of tax exempt bond financing on your
exempt status.
If we said
in the heading of this letter that an addendum applies, the addendum enclosed
is an integral part of this letter.
Because
this letter could help us resolve any questions about your exempt status and
foundation status, you should keep it in your permanent records.
We have sent a copy of this letter to your representative as indicated in your power of attorney.
If you have
any questions, please contact the person whose name and telephone number are
shown in the heading of this letter.
Sincerely,
C. Ashley Bullard
District Director
Enclosure(s): Form 872-C
Letter 1045 (DO/CG)
Please see latest
ruling letter: July
26, 2001
