Rudolph Lambert Post No 7 American Legion

“| Other Expenses:, Amount:| Bar supplies inventory, $29369| Operating expenses funded from reserves, $30645|”

“| Explanation:| Reinstatement of Exempt Status and Filing Classification - The organizations federal tax-exempt status was revoked for failure to file required annual information returns for three consecutive years. The organization submitted an application for reinstatement under Revenue Procedure 2014-11 and the Internal Revenue Service reinstated the organizations exempt status effective May 8 2024 based on the postmark date of the application.”

“| Explanation:| This Form 990-EZ represents the organizations first required annual information return following reinstatement of exempt status. At the time of filing third-party electronic filing software reflected the organizations status as revoked due to delays in updating the IRS Exempt Organizations database. As a result of this system limitation the software did not permit selection of the Initial return checkbox or the organizations proper tax-exempt classification. The organization is properly recognized by the Internal Revenue Service as a Section 501c19 veterans organization as evidenced by the attached IRS determination letter.”

“| Explanation:| For balance sheet reporting purposes land and buildings are reported using county appraisal district market values as a reasonable estimate of property value as historical cost records were not available.”

“| Explanation:| The organization operates as an unincorporated membership association and has not filed articles of incorporation with the state.”