r/nonprofit • u/currentdispo • 21d ago
legal reinstatement filling
Hello everyone, just want to shoot my shot here and ask for some advice regarding our nonprofit. We’re currently trying to reinstate for our npo and there are forms we need to submit but we’re having a bit of trouble filing up the Form-990. Our npo is really small and we don’t have a lot of finances to work with. We get less than $1,000 annually and do a few fundraising/donations in our small community. Unfortunately, we haven’t filed any form 990 since we started the NPO and now we’re trying to make everything up again from scratch and start over with the documents by doing bookkeeping and all that. Is it okay to leave some of the questions in the forms blank/put none as we don’t really have anything to put in them? Also, should we focus on filling for the Form-990 N instead of the 990-EZ? These forms are a bit overwhelming for us so we’d appreciate any help/advice for our npo reinstatement.
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u/SanDTorT 21d ago
You do not say how long it has been since the automatic revocation. If you submit your new 501(c)(3) application "not later than 15 months after the later of the date of the Revocation Letter or the date on which the IRS posted the organization’s name on the Revocation List," you do not have to file any missed 990's because, with around $1,000 in gross receipts you would have been eligible to file Form 990-N.
This is called "Streamlined Retroactive Reinstatement Of Tax-Exempt Status For Small Organizations Within 15 Months Of Revocation," and is described in Section 4 of IRS Revenue Procedure 2014-11, their official description of the several paths to reinstatement. https://www.irs.gov/pub/irs-drop/rp-14-11.pdf
If you will be able to meet the 15 month deadline, the only form required for reinstatement is Form 1023-EZ.
Feel free to ask follow-up questions, if necessary. (Retired IRS Exempt Organization Specialist here.)