We would like to pass along a reminder from our friends at the Pennsylvania Association of Nonprofit Organizations: annual tax returns for tax-exempt organizations (IRS Form 990) are due on May 17. The annual returns are usually due on March 15, but that date falls on a Saturday this year, so the IRS extended the deadline to the next business day. While not all nonprofit organizations are required to file, an organization can lose its tax-exempt status if it is required to file and fails to timely do so. If you are unsure whether your nonprofit organization is required to file, please visit http://nccsdataweb.urban.org/PubApps/990search.php and enter the appropriate information. To find out which 990 form your organization is required to file please visit http://www.irs.gov/charities/article/0,,id=217087,00.html.
As I discussed in a previous blog post, remember that Form 990 can be a useful fundraising tool.