The Massachusetts Attorney General’s office have changed two major requirements to filing the Massachusetts Form PC. Below is a summary of the changes and impact to non-profit organizations.
So you forgot to file your not-for-profit’s Form 990, 990-EZ or 990-N with the IRS. It can happen — particularly with newer organizations that are still trying to get a handle on all the financial and regulatory requirements of running a nonprofit. However, if you forget to file three years in a row, you could face an automatic revocation of your tax-exempt status. This is serious because it means your donors can’t deduct their contributions. But it doesn’t have to be final.
Note: the 2022 Data Collection Form for fiscal year ends between January 1, 2022 and October 31, 2023 are due nine months after year end.