Is Your IRS Form 990 Due May 15th? We Can Help! Most nonprofit organizations are required to file IRS Form 990 each year to stay compliant with the IRS (churches are an exception). Form 990 is due five months and fifteen days after the end of your fiscal year. For those with a January-December accounting year, this means May 15 is your due date! Which Form 990 you file is determined by whether or not your organization is a Public Charity or Private Foundation and by your organization’s revenue during your previous year. Most small public charities (less than $50,000 […]
Continue Reading →Updated and Current Form 1023 Filing Fees – 2018 As of January, 2018, the IRS filing fee (or User Fee) for filing IRS Form 1023 is $600 regardless of your organization’s previous revenue or projected revenue. The IRS filing fee or (or User Fee) for filing IRS Form 1023-EZ is now $275, regardless of your organization’s previous revenue or projected revenue. For more information on 501c3 application costs or help with formation documents, please call 1-800-268-4388 or email info@NonprofitElite.org .
Continue Reading →Congratulations to Nonprofit Elite client (CT) Phoebe’s Phriends who recently received their approved IRS Letter of Determination. This is a wonderful organization that raises money for Pediatric Cancer Research, and they are doing a great job! And for anyone curious, the IRS review process took approximately eight months for this application, which is unfortunately pretty normal during these past few months.
Continue Reading →We want to congratulate Nonprofit Elite client Shanessa Coburn and American Trooper on their approval as a new 501c3 tax exempt organization! To learn more about American Trooper and their good work supporting US soldiers and veterans, please visit their website at http://www.americantrooper.us.
Continue Reading →As the U.S. government shutdown continues into day fifteen with no end in sight, many anxious startup organizations are wondering how the shutdown will affect their applications currently under review by the IRS. Having already waited months for a determination letter, should you now expect even longer delays? And if so, how long? From what we can gather the IRS is not taking any customer service phone calls regarding applications for exemption, nor are they processing actual applications at this time. The delay is almost certainly adding to the ever-present log jam of applications piling up on various agent’s desks, and […]
Continue Reading →Volunteer Management Best Practices – Guest Post by VounteerMark. People are constantly volunteering to make a difference in the world. Make sure your volunteer management program is up-to-date so your volunteers have a great experience and your organization is retaining volunteers. This is what volunteers want: To be clear on dates and times. It’s easy to forget when you’re supposed to volunteer, so make sure that you clearly and effectively communicate when they are supposed to be at a certain place. To be guided. Volunteers want to know that they are being efficient. If they aren’t trained for a task, […]
Continue Reading →
