Grosse Pointe Animal Adoption Society

PART X, LINE 2:

“The organization is recognized by the internal revenue service as an organization described in the internal revenue code (irc) section 501(c)(3) and is exempt from federal income tax under irc section 509(a). Although the organization was granted an income tax exemption by the internal revenue service, such exemption does not apply to "unrelated business taxable income." such income, pursuant to the internal revenue code and related regulations, includes investment income such as interest received from sources other than directly from contributors. The organization is not a private foundation. There were no temporary timing differences at december 31, 2023 and as such no deferred taxes have been recorded. The organization analyzes its income tax filing positions in the federal and state jurisdictions where it is required to file income tax returns, for all open tax years in these jurisdictions, to identify any potential uncertain tax positions. The organization treats interest and penalties attributed to income taxes, and reflects any changes for such, to the extent that they arise, as a component of its management and general expense. The organization concluded that there are no significant uncertain tax positions requiring recognition in the financial statements. The organization does not expect the total amount of unrecognized tax benefits ("utb")(e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The organization does not have any amounts accrued for interest and penalties related to utbs at december 31, 2023, and it is not aware of any claims for such amounts by federal or state income tax authorities. The organization does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The organization does not have any amounts accrued for interest and penalties related to utbs at december 31, 2023, and it is not aware of any claims for such amounts by federal or state income tax authorities.”