You might be at risk of losing your tax-exempt, 501(c)(3) status and not even know it.
In 2006, a new law was passed that affects nonprofits with an annual income of $25,000 a year or less and potentially threatens their tax-exempt status. The law declares that these small nonprofits must now file the IRS Form 990. If they fail to file for 3 consecutive years, they will automatically lose their tax-exempt, 501(c)(3) status.
Nonprofit Fundraising


