Time is running out for small nonprofits facing loss of tax-exempt status because they have not filed Form 990-N or Form 990-EZ for three consecutive years. The deadline for the IRS's one-time filing relief program is October 15, 2010. After that, nonprofits that (1) are required to file a 990 and (2) whose filings are at least three years in arrears will automatically lose their exemptions. To regain tax-exempt status, they will have to apply to the IRS all over again, a process that can take several months and requires payment of fees.
To help people spread the word before October 15, the IRS has prepared a communications toolkit. It includes an article and fact sheet outlining the situation, a list of the organizations that IRS records show are at risk, a YouTube video, and a widget that can be downloaded and posted on Web sites.
- Get the IRS toolkit
- Get the IRS widget
- Get GuideStar's free report on the revocations
- Read previous articles on the revocations and one-time filing relief
- Review the IRS list of at-risk organizations
Suzanne E. Coffman, October 2010
© 2010, GuideStar USA, Inc.
Suzanne Coffman is GuideStar's editorial director and editor of the GuideStar Newsletter.