Non Profit Organizations are required to annually file the appropriate tax return for their organization.

Non Profit Organizations with annual gross receipts under $50,000 should file Form 990-N. Non Profit Organizations with annual gross receipts under $50,000 may choose to file Form 990 or Form 990 EZ. If so, these returns must be fully completed and filed before the due date to avoid penalty.

Non Profit Organizations with annual gross receipts under $200,000 and assets under $500,000 should file Form 990-EZ or Form 990.

Non Profit Organizations with annual gross receipts over $200,000 and assets over $500,000 should file Form 990.

Private Foundations must file Form 990-PF regardless of financial status.

Non Profit Organizations are required to file or extend their appropriate exempt organization tax return by the 15th day of the 5th month after their calendar year-end. For example, Non Profit Organizations with a December 31 year end must file or extend their return by May 15th. Failure to file the required exempt organization tax return may result in penalties. Non Profit Organizations that don’t file their appropriate exempt organization return for 3 consecutive years automatically lose their tax exempt status.