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Don’t Make These Common Mistakes When Filing Your Form 990

sgEngage

Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its own labyrinth of forms, requirements, and deadlines. Here are nine common mistakes Nikita and her team at Tax990 see nonprofits make when filing their form 990s.

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Form 990: Essential Information to Know Before Filing

Greater Giving

To preserve your status and make the most of your donations , your nonprofit has to file tax forms on an annual basis. The form that most nonprofits need to file is the IRS Form 990. Organizations that miss the filing deadline face penalty fees and the eventual loss of their 501(c)(3) status. Who needs to file Form 990?

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Four Considerations for Secure Document Management

Tech Soup

All organizations need to put security measures in place to protect their data. Depending on your mission area, you might have names, addresses, and medical records on file, as well as Social Security information and financial data.

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Choosing an E-File Provider for Your Nonprofit Taxes

Achieve

Filing your taxes is one of the most important and most dreaded tasks for any nonprofit. After all, filing Form 990 correctly and on time is what helps your nonprofit keep its tax-exempt status — and helps you avoid paying unnecessary fees. . However, correctly filing your taxes is no simple task. Component filing.

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What You Should Know if You’re Thinking of Starting a Nonprofit Organization

Bloomerang

Before starting a nonprofit organization, you should understand that the 501(c)(3) designation is just that: a tax designation. Name your organization. . You must have your founding Board of Directors and officers selected prior to filing your Articles of Formation or Articles of Incorporation with the state.

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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

There are millions of wonderful nonprofit organizations working to make this world a better place. Even though these instances are few and far between, your grantmaking organization needs to be prepared. Encourage Grantee Internal Controls All well-run organizations have standard best practices that employees follow.

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Get Organized and Increase Your Nonprofit Productivity

Get Fully Funded

We all have our own way of doing things, but sometimes our work outgrows our organization methods. Today, work expectations are higher, there’s more to manage, and you simply must be more organized to grow a small nonprofit. Organize your projects based on stages: Tasks to do, tasks in progress, and tasks completed.

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