Tuesday, February 15, 2011

posted by Pat Lewis,
Senior Professional
in Residence
ASU Lodestar Center

The IRS has begun to revoke the tax-exempt status for those nonprofit organizations that have not filed some form of a 990 (information report) for three years. Guidestar estimates that 350,000 to 400,000 nonprofits are in danger of losing their exemptions. A large number of these organizations are smaller nonprofits that previously were not required to file an annual return because their gross revenues were $25,000 or less.[1] If your organization has not filed any of the 990 forms for three years it is likely you will soon receive a revocation notice.


How will I know if my organization has lost its tax-exempt status?
You will receive a notice from the IRS in the form of a letter, Notice CP120A.[2] A copy of this notice is posted on the IRS website and a list of organizations that have had their nonprofit status revoked.[3]

Tuesday, February 15, 2011

posted by
Travis Butterfield
,

Project Coordinator,

ASU Lodestar Center

 

 

In preparation for the upcoming 13th Annual Forum on Nonprofit Effectiveness that the Lodestar Center will be hosting in a few weeks, I have been working with the center's Director of Professional Development Education, Cristina Archibeque, to create postcards, e-blasts, and other promotional materials.  In the process of doing so, I happened to stumble across the following short video about one of our forum's keynote speakers, Charles Best.  It was produced by the USA cable network, as part of their "Character Approved" series.

Pages

Blog Archive

2018

2017

2013

2012

2011

Get our blog in your inbox!
Enter your e-mail address below and click "Subscribe" to receive e-mail updates when a new blog post is published.

Delivered by FeedBurner

Welcome

Thank you for visiting the ASU Lodestar Center website.
Please indicate how you would like to proceed.

Don't have an account? Register today!