Automatic revocation of IRS tax-exempt status for nonprofits:
On June 8, 2011, the IRS released a list of over 1,400 Idaho nonprofits that had their tax-exempt status automatically revoked due to failure to file annual returns. Although many of these organizations have likely ceased to operate, there is no doubt that some are still operating in Idaho communities and were not aware of the filing requirement.
Click here to download the Idaho list
If your nonprofit is on the list, the National Council of Nonprofits can help. Click here to view their special webpage and tip sheet on options available to organizations. Retroactrive reinstatement of tax-exempt status is available for certain nonprofits. Click here to visit the IRS website for additional information.
This alert originated from the Council of non-profits: http://www.councilofnonprofits.org/