Non-profit Annual Filing Due

Annual reporting is required for all organizations that wish to keep their non-profit status intact. The due date for this filing is May 16, 2016 for calendar year organizations. How can you help ensure your favorite charities stay compliant?

Check mark Check on-line. The IRS has a master list of charitable organizations recognized as non-profits in good standing. Here is a link: Exempt Organizations Select Check
Check mark Remind the organization. Many small non-profits like youth sporting groups and local school booster clubs often forget about this reporting because officers are constantly rotating in and out of the organization.
Check mark It is not too difficult. If the charitable organization has less than $50,000 in gross receipts, they can comply by sending in a Form 990-N e-Postcard. Larger organizations must fill out Form 990 or Form 990-EZ.
Check mark Failure to file could cause your favorite charity to lose its non-profit status. This can have a cascading effect on all those donating who wish to deduct their donation on their tax returns.

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