May 15 Form 990 Filing Deadline Approaching for 501 (c ) (3) Organizations

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Is your department or association a 501 (c) (3)?

Did you end your fiscal year on December 31, 2010? 

If the answer to both of those questions is yes, your 2010 Form 990 is due to the IRS by May 15, 2011, approximately two months from today.

If your organization is a 501 (c) (3) and you run your fiscal year in line with your city or fire board year of July 1, your 2011 Form 990 will be due to the IRS by November 15, 2011. 

Below are several links to IRS website sections to help with the details of your filing:

• IRS Form 990 Resources and Tools for Exempt Organizations
• If your 2010 gross receipts were under $50,000, you may be able to file your Form-990N electronically. Click here for details
• If you're able to use the Form-990N, click here for the eight pieces of information you will need to complete this requirement
• If you're not able to use the Form-990N, you may find this detailed 990 preparation checklist helpful
• Also if you're not able to use the Form-990N, you may find a detailed list of other 990 related forms here
• If you're interested in detailed IRS training on how to complete your Form 990, you may find it here

If you're feeling stuck, contact a local CPA or other tax professional for more information and details on the cost of hiring outside assistance to prepare your Form 990. 

This blog is provided as an informational resource only and should not be considered to be tax advice. For such needs, consult your tax professional.

Are you ready for tax season to be over yet?

Iowa Nonprofit Excellence Training Coming Your Way

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Your department's commitment to excellence shines through in your deep investment in training. You use internal and external resources, classroom time and drills to do your best to be prepared for the many scenarios the 911 call can bring. 

How do your apply that same commitment to excellence to the overall management of your nonprofit operations? One of the best resources in Iowa to help you with that need is the Iowa Nonprofit Resource Center.

This spring, the Resource Center is taking their Principles and Practices of Nonprofit Excellence training on the road with daily sessions running from 9 a.m. to 4 p.m.  The training is  free with only registration required due to space limitations. The spring schedule is: 

1. Thursday, March 10 in Fort Madison
2. Tuesday, March 22 in Vinton
3. Friday, April 1 in Creston
4. Tuesday, April 26 in Des Moines
5. Tuesday, May 10 in Pocahontas 

Among those presenting at each session are Willard L. "Sandy" Boyd, Richard Koontz and Jude West, three of the most knowledgeable, passionate and genuine nonprofit professionals in any state. 

 

The exact location and registration details may be found at the following link:

http://nonprofit.law.uiowa.edu/updates/2011/P&PFormSpring2011v3.pdf

If the trainings don't work for your schedule, you may download the Iowa Principles and Practices for Charitable Nonprofit Excellence publication here.  This 30-page publication is a worthwhile read for everyone involved in your department.

Your department/association may adopt the Iowa Principles and Practices of Nonprofit Excellence via resolution to register for the Principles and Practices Register of Accountability.

Have you taken the Principles and Practices class? Are you planning to? Share your thoughts below.