While Pegasus Equine Guardian Association has begun the process toward being officially recognized as a 501c3 with the IRS; the IRS has provisions to treat PEGA (JUST as with many thousands of other Non Profit Charities) “as” Tax Exempt; providing it is compliant under the Internal Revenue provisions of the U.S.Code with 501c3. Until such time PEGA has the capability and chooses it is a benefit to complete the process to become officially recognized as a 501c3, PEGA will operate as stated above; so that if it were to become officially recognized as a 501c3 with the IRS; PEGA will already operating as an officially recognized 501c3 would. As such, please see below:
Because Pegasus Equine Guardian Association is not officially recognized as a 501c3 with the IRS, Disclosure is not required. However, because PEGA strives to operate with transparency, it voluntarily shares the following information:
-Formation Date: On November 17, 2015, PEGA was recognized with Non Profit standing by the State of Louisiana with
EIN# 47-5680770. Accounting Period /Tax Year established for PEGA: Begin Date-November 1 with End date-October 31st of the following year annually.
Provided gross receipts for donations to PEGA do *not exceed $50,000, there will be a filing requirement for PEGA to file a 990 by the15th day of the 5th month after PEGA’s first Tax Year, which will be (March 15, 2017). So at that time, PEGA will voluntarily share public information related to this filing. Note: IF gross receipts exceed $5,000 by that initial Accounting Period/Tax Year End date of October 31, 2016, then there will be a filing requirement for PEGA to file a 1023. If this occurs, while PEGA is not required to do so, in keeping with our commitment to our donor ship, PEGA also would disclose public information related to that filing, if it occurred. Again, while PEGA is not required to do so, it agrees to the aforementioned Disclosure (just as if it were an officially recognized 501c3). This way if PEGA does become an officially recognized,501c3, this change will generally be transparent to our Donor ship. As such, please see below:
Please contact your tax preparer for assistance in determining any tax deductions that may be available based on your individual return and the following information: With current Non Profit standing in the State of Louisiana, PEGA will need many monetary donations in order to assist with helping the Fort Polk Kisatchie National Forest equines. It may receive donations in cash, check or through portals such as Go Fund Me. PEGA shall pursue the following objectives including:
3)PURPOSE AND OBJECTIVES: To preserve and protect the horses and other equine animals that exist on the lands of Fort Polk (including the Peason Ridge area) and lands of the Kisatchie National Forest; to promote and establish rescue mechanisms and sanctuaries for wild or other equine animals; to facilitate programs related to the rescue of said equines in the event that their removal from Fort Polk, Peason Ridge and the Kisatchie National Forest becomes necessary. The donations can be used for any of the following purposes: Future rescue, fostering and adoption efforts, feed, hay, water, veterinary care or other equine care, resources, supplies or equipment, purchasing/leasing of facilities, shelter, land or equine transportation; as well as advocating for enforcement of Animal Cruelty Laws through legal assistance; to advocate for proper welfare and stewardship of wild or abandoned equine animals (e.g., horses, mules, donkeys, and related animals) wherever they may be found, initially and specifically including those equine animals that exist within Ft. Polk (Louisiana), its training areas, including the main post and the Peason Ridge training area, and all such U.S.. Military controlled lands in the area, and the lands of the Kisatchie National Forest, especially that part adjacent to Ft. Polk lands, and where wild or abandoned equine animals may roam. PEGA regards that the animals of concern to it are primarily free-roaming or abandoned equines, whether branded or not, that range upon any lands, but especially those under the purview of the U.S. Military, the U.S. Department of the Interior, and the U.S. Department of Agriculture, but not excluding such animals that range upon other lands.
PEGA shall further pursue objectives including: to endeavor to prove the eligibility for special protection as wild-free roaming wild horses and burros under the Wild Free-roaming Horses and Burros Act of 1971, or to prove that wild horses descended from historical American stock, such as Colonial Spanish Horses or Indian “mustangs”, or horses native to geographical areas which are regarded as a special part of our American heritage and history; to prevent animal cruelty and abuse in any handling or transportation of equine animals, and to assure that none go to slaughter; to advocate for, and sue on behalf of, members of PEGA who have a special interest in and connection to equine animals indicated above, any individuals who are of, or descended from, the “Heritage Families”, whose land was acquired from them by the U.S. Government for the purpose of establishing Ft. Polk, American Indians, and others; and to facilitate communication with, and make recommendations to the “Heritage Families”, other individuals with an interest in the equines, and all government departments, including the U.S. Military, the Department of the Interior, and the Department of Agriculture, that have jurisdiction of the lands on which the equines roam. Additionally, PEGA regards that the animals of concern to it are primarily free-roaming or abandoned equines, whether branded or not, that range upon any lands, but especially those under the purview of the U.S. Military, the U.S. Department of the Interior, and the U.S. Department of Agriculture, but not excluding such animals that range upon other lands on which the equines roam.
Further, PEGA endeavors to pursue the following: To establish and conduct participatory educational information through social media, radio, television and newsletters; to facilitate understanding by the public about the aspects of the status and treatment of wild horses, and other equine animals, in our American heritage and culture; to inform jurists, prosecutors, and law enforcement officers regarding matters of animal abuse, and to encourage courts to be mindful of the importance of serious and adequate administration in such matters; to protect and preserve the history of the Heritage Horses, especially, but not limited to the free roaming wild horses of the Peason Ridge and Fort Polk Army base area, and U.S.. Cavalry horse and Heritage family descendants; and to strive for the establishment of new laws, and the modification of existing laws, that will assure the furtherance of all of the above stated objectives that are in compliance with public charity under section 501c3 of the Internal Revenue provisions of the U.S. Code, and therefore shall limit all aforementioned activities to those that are in compliance with that section.
4)DISSOLUTION: Upon Dissolution of this corporation, if that were to occur, Assets possessed by Pegasus Equine Guardian Association shall be distributed by the PEGA Board, with all assets, either in tact or in the form of money realized from the sale at auction of assets, to be distributed as repayment of money received through grants, with any remaining money dispersed by the PEGA Board into established programs dedicated to the welfare of equine animals or where equine animals are used in a charitable endeavor with a focus on therapy for the physically or mentally impaired.
~Thank you, Pegasus Equine Guardian Association