What are the eight items a charity needs in order to complete the e-postcard?

Completing the e-Postcard requires the eight items listed below:

• Employer identification number (EIN), also known as a Taxpayer Identification Number (TIN).
• Tax year.
• Legal name and mailing address.
• Any other names the organization uses.
• Name and address of a principal officer.
• Web site address if the organization has one.

Who can file e-postcard?

Who must file Form 990-N (e-Postcard)? Most small tax-exempt organizations whose gross receipts are normally $50,000 or less must file Form 990-N, Electronic Notice (e-Postcard) for Tax-Exempt Organizations not Required To File Form 990 or 990-EZ.

Who can file a 990n?

A nonprofit that is less than a year old can file a Form 990-N if it received, or donors have pledged to give, under $75,000 during its first tax year. For a nonprofit between one and three years old, it can file Form 990-N if it averaged $60,000 or less in gross receipts during each of its first two years.

Can a private foundation file a 990n?

Form 990-N (e-Postcard): Organizations Not Permitted to File Private foundations must file Form 990-PF. Small organizations (those whose annual gross receipts are normally not more than $5,000) that support certain religious organizations must file Form 990-N unless they voluntarily file Form 990 or Form 990-EZ.

What is the penalty for late filing of Form 990-N E-postcard?

While there is no penalty for late filing an e-Postcard, your tax-exempt status will be automatically revoked if you don’t file for three consecutive years. Note: The requirement to file Form 990-N is an annual requirement.

Does a 501c3 need to file a tax return?

Most charitable nonprofits that are recognized as tax-exempt have an obligation to file an annual information return with the IRS. Most small tax-exempt organizations with gross receipts that are normally $50,000 or less must file the IRS form 990-N, known as the “e-postcard”. …

Is a private foundation tax-exempt?

A private foundation cannot be tax exempt nor will contributions to it be deductible as charitable contributions unless its governing instrument contains special provisions in addition to those that apply to all organizations described in 501(c)(3).

What is required to file a 501c3?

A 501c3 is an Internal Revenue Service code meaning an organization is a non-profit and is therefore tax exempt. To qualify, an organization must be religious, charitable, scientific, educational, amateur sports or the prevention of cruelty to children or animals. Organizations must file Form 1023 to obtain 501c3 status.

How long does it take for 501c3 status?

In most cases (but not always), you will receive your tax-exempt status in around two to three months ). Here’s a link to the IRS website page that tells what month incoming 501c3 applications are being assigned to IRS agents for processing: http://www.irs.gov/Charities-&-Non-Profits/Where-Is-My-Exemption-Application

What are the requirements of a 501c3?

The Basic 501c3 Requirements. The IRS requires that nonprofit organizations must meet specific requirements before earning 501c3 status. Some of the basic essentials include: Avoid any purpose that praises or calls for discrimination; Must have obtained an official status as an association, corporation, or trust;

How to find out if an organization is 501c3?

To verify that the organization is a certified 501 (c)3, visit the IRS’s Publication 78, which contains a complete list of 501 (c)3s. (Note that religious and certain other organizations are exempt from filing for 501 (c)3 status.)