Exempt Organizations Annual Returns
In general, exempt organizations are required to file annual returns. Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less can satisfy their annual reporting requirement by electronically submitting Form 990-N,Electronic Notice (normally called e-postcard) if they choose not to file Form 990 or Form 990-EZ instead. The IRS Form 990 is the reporting form that many federally tax-exempt organizations must file with the IRS each year, usually May 15th for calendar year organization. These 990 forms allow the IRS and the general public to evaluate a nonprofit’s operations; it includes information on the nonprofit’s mission, programs, and finances. The type of Form 990 to be filed by an organization depends on the filing year and the gross receipts of the organization. The different forms include Forms 990, 990-EZ and 990-N.
If an organization fails to file Form 990 three years in a row, the IRS will automatically revoke its tax-exempt status. The IRS has no appeal process for automatic revocations due to failure to file an appropriate Form 990 for three years. Without this status, your organization could be subject to paying income taxes.
However Not all nonprofits have to file annual returns. It is important to check with the IRS to determine if your organization needs to file a return. Generally, the following do not have to file Form 990:
- Most faith-based organizations, religious schools, missions or missionary organizations
- Subsidiaries of other nonprofits – those that may be covered under a group return filed by the parent organization
- Many government corporations
- State institutions that provide essential services.
If your non-profit organizations has annual gross receipts greater than $ 50,000.00 Please use this form below.
If your non-profit organizations has annual gross receipts less than $ 50,000.00 Please use this form below.
( The form is FILLABLE ,Please fill it and email or upload into your account )
Please feel free to share with your friends