Small nonprofits risk losing tax exemptions

IRS extends deadline to Oct. 15 for nonprofits to file 990s

URGENT: Please join HANO and the National Council of Nonprofits’ network of state nonprofit associations, the Internal Revenue Service and others to spread the word – to small nonprofits in particular – that they must file with the IRS annually. Most urgently, many small nonprofits will lose their tax-exempt status if they have not filed in the past three years and fail to file by Oct. 15 this year.

• The IRS has announced a one-time relief program for nonprofits required to file the 990-N or 990-EZ that missed their deadline earlier this year.
• This short video from the IRS explains the filing deadline.
• The one-time relief program will not help organizations required to file the Form 990 or Form 990-PF. Their tax-exempt status will be automatically revoked if they fail to file for three consecutive years.
• Guidance from Guidestar.org explaining what you need to know about revocation of tax-exempt status.
• Electronic Filing Tool: Organizations with gross revenue under $100,000 may file their IRS Form 990-EZ electronically at no charge through the Urban Institute’s eFile program.

Click here for more about the many Hawaii nonprofits at risk of losing their tax-exempt status.