ATTENTION: Small Nonprofits
The Erie Community Foundation would like small nonprofits to be aware of the fact that the IRS recently announced, “small tax-exempt organizations whose annual gross receipts are normally $25,000 or less may be required to electronically submit Form 990-N, also known as the e-Postcard, unless they choose to file a complete Form 990 or Form 990-EZ”.
If an organization does not file this form on time, they may lose their tax-exempt status. The deadline for submission varies. Smaller nonprofits are strongly encouraged to visit the IRS website immediately for specific information.
