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Annual Filings - Don’t risk losing your tax-exempt status or incur massive fees.

While most Non-Profit (NFP) organizations do not pay income tax, they are required to file information to the IRS annually. As busy as you are, this filing can be time consuming and overwhelming even for the most savvy personnel. What information is needed to file a 990? Do you have UBIT? Is your organization a Private Foundation? Let us assist you with 990 questions that can give you a headache.

The IRS requires all non-profit organizations to file annually with the following applicable Form 990s:

      ➢ Form 990, Return of Organization Exempt from Income Tax

      ➢ Form 990EZ, Short Form Return of Organization Exempt from Income Tax

      ➢ Form 990N (e-Postcard), Electronic Notice (e-Postcard) for Tax-Exempt Organizations Not Required to File Form 990 or Form 990EZ

      ➢ Form 990-PF, Return of Private Foundation

      ➢ Form 990-T, Exempt Organization Business Income Tax Return

How do you know which Form 990 to file? The following chart indicates IRS thresholds to follow:

Gross receipts normally < $50,000


Gross receipts < $200,000, and
Total assets < $500,000

9900-EZ or 990

Gross receipts ≥ $200,000, or
Total assets ≥ $500,000


Private foundation – regardless of financial status


Unrelated Business Income Tax (UBIT)



Source and for more information, visit the IRS Non-profit section.

State Charitable Registration

501(c)(3) and soliciting NFPs operating in Ohio are also required to file their Charitable Registration with Ohio Attorney General (OAG) Office and submit their annual report electronically through the OAG website.

Other Filings

Remember, just because NFPs are tax exempt does not mean they are exempt from other tax filings such as payroll taxes, property taxes or sales tax remittance. If an NFP has employees, they are subject to payroll taxes. Property taxes must be paid unless the NFP specifically obtains exemption which is determined on a case by case basis. Sales tax must be remitted like any other business entity; however, NFPs, in general, are exempt from paying sales tax with proper documentation provided to the vendor.

  • Non-profit audit services
  • Other audit services
  • Bookkeeping (monthly, quarterly, or annual)
  • QuickBooks assistance services
  • Bank reconciliation
  • General ledger maintenance
  • Financial statement preparation
  • Accounting system setup and support
  • Personalized QuickBooks training
  • Cash flow budgeting and forecasting
  • Accounts receivable processing
  • Accounts payable processing
  • Payroll processing and reporting


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