HOMEBREW Digest #5981 Wed 19 December 2012


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	FORUM ON BEER, HOMEBREWING, AND RELATED ISSUES
		Digest Janitor: pbabcock at hbd.org


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Contents:
  The Home Brew Digest, Inc. Update (Patrick Babcock)

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Beer is our obsession and we're late for therapy! * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * NOTE: With the economy as it is, the HBD is struggling to meet its meager operating expenses of approximately $3500 per year. If less than half of those currently directly subscribed to the HBD sent in a mere $5.00, the HBD would be able to easily meet its annual expenses, with room to spare for next year. Please consider it. Financial Projection as of 03 December 2012 *** Condition: Cautiously Optimistic *** 501(c)3 status rescinded. Refiled 1023 for retroactive status 25 June 2012. Did not hear back within 90 days; therefor, must assume that there are issues and our case must be assigned to an agent. IRS is currently assigning applications received in February 2012. Ours was received in June. We will not have our status reinstated for the 2012 tax year. To current financials, HBD is officially bankrupt in May. Due to recent political developments, HBD.org will likely have to be dissolved per the bylaws once funding runs out. Projected 2012 Budget $3191.79 Expended against projection $3137.96 Unplanned expenditures $ 331.88 Projected Excess/(Shortfall) $1282.62 As always, donors and donations are publicly acknowledged and accounted for on the HBD web page. Thank you. Send articles for __publication_only__ to post@hbd.org If your e-mail account is being deleted, please unsubscribe first!! To SUBSCRIBE or UNSUBSCRIBE send an e-mail message with the word "subscribe" or "unsubscribe" to request@hbd.org FROM THE E-MAIL ACCOUNT YOU WISH TO HAVE SUBSCRIBED OR UNSUBSCRIBED!!!** IF YOU HAVE SPAM-PROOFED your e-mail address, you cannot subscribe to the digest as we cannot reach you. We will not correct your address for the automation - that's your job. HAVING TROUBLE posting, subscribing or unsusubscribing? See the HBD FAQ at http://hbd.org. LOOKING TO BUY OR SELL USED EQUIPMENT? Please do not post about it here. Go instead to http://homebrewfleamarket.com and post a free ad there. The HBD is a copyrighted document. The compilation is copyright HBD.ORG. Individual postings are copyright by their authors. ASK before reproducing and you'll rarely have trouble. Digest content cannot be reproduced by any means for sale or profit. More information is available by sending the word "info" to req@hbd.org or read the HBD FAQ at http://hbd.org. JANITORs on duty: Pat Babcock (pbabcock at hbd dot org), Jason Henning, Spencer Thomas, and Bill Pierce
---------------------------------------------------------------------- Date: Wed, 19 Dec 2012 08:48:00 -0500 From: Patrick Babcock <patrick.babcock at gmail.com> Subject: The Home Brew Digest, Inc. Update Greetings, Beerlings! Take me to your lager... We received official notification that the IRS is assigning our Form 1023 to an agent for further development. While not the happy news we had hoped for, it is at least indication that we are moving through the system. The letter stated that this could result in an immediate approval once assigned, a request for further information once assigned, or rejection. If rejected, there is an appeal process, which we would likely pursue. Since the IRS website still indicates that they're still assigning applications received in February 2012, I don't expect to hear anything from them for quite some time. All the best! Patrick G. Babcock President - The Home Brew Digest, Inc. Return to table of contents
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