Nonprofit Organization Updates
CARES Act offers new hope for cash-strapped nonprofits
April 2, 2020
On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. How is this massive $2 trillion recovery package poised to help your not-for-profit organization? It depends on your group’s size, financial condition and other factors. But most nonprofits affected by the coronavirus (COVID-19) outbreak are eligible for some relief under the CARES Act. READ MORE >
Nonprofit Organization Deadlines
Don’t miss these important deadlines for your NFP organization
- COVID-19 Extension Summary:
- Form 990 – due date extended to July 15th 2020 for calendar and fiscal year entities with year ends on or before January 31st 2020
- MA Form PC – six-month extension (this is in addition to the automatic six-month extensions that many charities are granted)
- Data Collection Form** – six months beyond the normal due date
**Recipients subject to the Uniform Guidance that have experienced a loss of operational capacity and increased costs due to COVID-19. This is a broad extension and does not require approval. However, documentation should be maintained for the reason of the delayed filing.
- December 31 year end
- Form 990 and PC
- Due May 15
- Massachusetts Uniform Financial Report (UFR)
- Due May 15
- Data Collection Form
- Due the earlier of 30 days after your auditors’ report is issued or 9 months after your fiscal year end
- Form 990 and PC
- June 30 fiscal year end
- Form 990 and PC
- Due November 15
- Massachusetts Uniform Financial Report (UFR)
- Due November 15
- Data Collection Form
- Due the earlier of 30 days after your auditors’ report is issued or 9 months after your fiscal year end
- Form 990 and PC
- September 30 fiscal year end
- Form 990 and PC
- Due February 15
- Massachusetts Uniform Financial Report (UFR)
- Due February 15
- Data Collection Form
- Due the earlier of 30 days after your auditors’ report is issued or 9 months after your fiscal year end
- Form 990 and PC
