Most small tax-exempt organizations whose gross receipts are normally $50,000 or less must file Form 990-N (e-Postcard). Organizations can also meet this annual filing requirement by filing Form 990 or Form 990-EZ instead.
When filing Form 990-N (e-Postcard) online, these 8 basic information is required to complete your e-Postcard.
Form 990-N is due every year by the 15th day of the 5th month after the close of the accounting period. You cannot file the e-Postcard until your tax year ends.
If your 990-N is late, the IRS will send a reminder notice to the last address we received. While there is no penalty assessment for filing Form 990-N late, organizations that fail to file Form 990-N for three consecutive years will automatically lose their tax-exempt status. Revocation of the organization’s tax-exempt status will happen on the filing due date of the third consecutively-missed year.
If a nonprofit and tax exempt Organization fails to file taxes for 3 consecutive years, the IRS will revoke the tax exempt status.
There is no extension available to file 990-N. Nonprofit and Tax Exempt Organization must file the Form 990-N before the deadline.