Regaining a lost tax-exempt status is a critical challenge many nonprofits face. Understanding the reasons behind the revocation and taking appropriate steps for reinstatement are…
There are many reasons for dissolving an organization, but the decision is never easy. There are usually many factors, decisions, and situations that lead up…
When starting a nonprofit, we hope the organization will last forever and provide community benefits that outlive us. The last thing a newly formed Board…
How do you close a nonprofit organization? We’ll guide you through the steps of a 501(c)(3) dissolution.Let me introduce you to Time To Close, Inc.,…
There are four ways to approach 501(c)(3) reinstatement. While it may appear there are multiple options, the choice is dictated mainly by certain factors. Namely,…
The IRS automatically revokes 501(c)(3) tax-exempt status from nonprofit organizations that don’t file tax returns for three years. While revocation is automatic, reinstatement of 501(c)(3)…
Let me introduce you to We Help People, Inc. While the organization is fictitious, it is based on past clients’ experience when the IRS revoked…
Receiving 501(c)(3) tax-exempt status from the IRS is a long process that every nonprofit must go through. However, that status can very quickly disappear without…
