Orcas Landing Inc

“| Other Expenses:, Amount:| Bank charges, $52| Licenses and fees, $1430| Travel, $1484| Taxes, $2493| Insurance, $2018| Depreciation, $15087|”

“| Explanation:, Amount:| DR Sold assets reclassed from equity to revenue, $-9458| CR contributions to equity from members, $3120|”

“| Explanation:, BOYAmount:, EOYAmount:| DR water system equipment net, $145323, $126228|”

“| Explanation:, BOYAmount:, EOYAmount:| Sales Tax Payable, $18891, $0|”

“| Explanation:| We respectfully request abatement of any potential penalty for the late filing of our Form 990-EZ for the tax year ending December 31 2024. Our organization has a history of compliance and has always endeavored to meet all IRS filing requirements. The late filing occurred due to a change in our organizations treasurer. Our prior year return was a Form 990-N which was filed electronically. The new treasurer who assumed responsibilities in September 2024 was not aware that our organization was required to file Form 990-EZ electronically for the current year. As a result the return was timely prepared and submitted by paper rather than electronically as required. Upon learning of the e-filing requirement we immediately took corrective action by submitting the Form 990-EZ electronically. We have also implemented additional training and procedures to ensure future compliance with all IRS filing requirements. We believe these circumstances constitute reasonable cause for the late filing as the error was not due to willful neglect but rather an unintentional oversight by a newly appointed officer. We respectfully request that any late filing penalty be abated. Under penalties of perjury I declare that I have examined this request including accompanying documents and to the best of my knowledge and belief it is true correct and complete. Sincerely Jeannene Kelly Treasurer”