I don’t do much work for non-profits, but there was a deadline just weeks ago and important news today. All non-profits are now required to file a version of Form 990. The deadline was May 17th, and non-profits that ignored this deadline were theoretically no longer a non-profit.
The IRS announced that they are providing relief for some non-profits. Those non-profits with gross receipts of $25,000 or less can file the e-postcard Form 990-N by October 15th. Non-profits with revenues of less than $500,000 and assets of under $1.25 million and who have three or fewer delinquent returns can file Form 990-EZ and all required schedules by October 15th. These non-profits will be required to pay a small fee of between $100 and $500 but they won’t lose their non-profit status (assuming they file).
However, non-profits that must file Form 990 and private foundations that file Form 990-PF are not eligible for relief.
On the IRS webpage linked to (above) are links to non-profits that the IRS believes still need to file a version of Form 990.
