Impact 100 - Finance 101 for Non-Profits Deck - Page 20

Tax Reporting for Exempt Organizations

• The Form 990 is what is required to be filed by an Exempt Organization ( EO ) annually

• The form is due on the 15 th day of the 5 th month following the EO ’ s year end

Calendar Year Organizations – the form is due May 15 th after the year end Fiscal Year Organizations – June 30 YE – form is due November 15 th of that year

• EOs can obtain a 6-month automatic extension by submitting a Form 8868 to the IRS prior to the initial due date of the 990 form