Just a friendly reminder that if your nonprofit’s fiscal year
ends December 31st, your filings are DUE May 15th.

Filing your annual financial data with the IRS is a crucial
way to maintain your 501c3 status. You don’t want your 501c3
status to be revoked like so many nonprofits did last year.

We’re offering a discount on our nonprofit tax filing services.
Remember you must file your 990 tax filing by four and one half
months after the end of your fiscal year. Give us a call to find out more.

We will throw in handling your annual state compliance as
well as part of this special offering (your organization
will be responsible for the state filing fees).

Please call us at 800-928-4161 to discuss how we can help
your nonprofit stay compliant as tax season approaches.

We’ve recently come across an interesting brief on the nonprofit sector and thought we’d share it with you. It’s put about by the Urban Institute’s National Center for Charitable Statistics. It’s from 2007 so no doubt these numbers have changed, but it’s still compelling stuff, even at 5 years old.

For instance, did you know that there are about 1.4 million nonprofits registered with the IRS? Nonprofits account for 8.3% of the nation’s employment and 5.2% of the gross domestic product (GDP). There were $260 billion in charitable contributions and about 29% of Americans volunteered thru an organization that has been formalized (has its tax exempt status). Just think of what your organization could do with just a fractionof that support. There are some great charts on graphs in this report too that can provide invaluable information for your nonprofit in terms of targeting supporters, donors and volunteers.

What’s particularly interested us was looking at the final chart of nonprofits by state and region. It mirrored our client base in a truly fascinating way (as reflected in our client map). No matter where you are, we’re here to help your organization thrive. Don’t hesistate to let us know how we can better serve you.