Non-profit leaders have been talking for months about forthcoming changes in the Internal Revenue Service’s 990 form and reporting requirements. Organizations with fiscal years ending June 30 were advised by nonprofit watchdogs to check their status with the IRS to assure their nonprofit’s sustainability and security.
This just out: The IRS has posted a state-by-state list of organizations at risk of losing their tax exempt status. If you lose your status, it will be hard to regain, so it may be a good idea to check the list. The IRS is offering an amnesty of sorts for organizations that file by Oct. 15, 2010.
- Ths list from the IRS
- The Virginia-based GuideStar offers online resources on this topic.
- ConnectRichmond offers additional information.
