Ongoing Compliance
Jeopardizing Exemption
- Inurement/Private Benefit
A section 501(c)(3) organization must not be organized or operated for the benefit of private interests, such as the creator or the creator’s family, shareholders of the organization, other designated individuals, or persons controlled directly or indirectly by such private interests. No part of the net earnings of a section 501(c)(3) organization may inure to the benefit of any private shareholder or individual. A private shareholder or individual is a person having a personal and private interest in the activities of the organization.
- Intermediate Sanctions
- Lobbying/Political Activity
- Not Filing Annual Return or Notice
Most tax-exempt organizations other than churches and certain church-related organizations are required to file an annual information return or notice with the IRS.Organizations that do not file for three consecutive years automatically lose their tax-exempt status. An automatic revocation is effective on the original filing due date of the third annual return or notice. (Section 6033(j) of the Internal Revenue Code)
Employment Taxes
- Requirement to Pay
- Exceptions and Exclusions
- Worker Classification
- Forms and Publications
Retirement Plan cpliance
Substantiation and Disclosure
- Charitable Contributions
- Publication 1771, Charitable Contributions Substantiation and Disclosure Requirements
- Written acknowledgments
- Quid pro quo contributions
- Charity auctions
- Noncash Contributions
- Donor ( Form 8283)
- Donee ( Form 8282)
- Publication 561, Determining the Value of Donated Property
- Public Disclosure Requirements
- Help from the IRS
- Customer Account Services
- Publication 4221-PC, Compliance Guide for 501(c)(3) Public Charities
- Publication 557, Tax-Exempt Status for Your Organization
Also see: IRS Stay Exempt – Tax Basics for Exempt Organizations
