Compliance Requirements
Once your nonprofit organization is up and running, you will need to comply with a variety of legal and regulatory requirements to maintain your organization’s tax-exempt status. Some common compliance requirements for nonprofit organizations include:
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IRS Form 990 Reporting: Nonprofit organizations are required to file an annual information return with the IRS, known as Form 990. The form provides information about the organization’s finances, activities, and governance.
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California Franchise Tax Board Reporting: Nonprofit organizations in California are required to file an annual information return with the California Franchise Tax Board. This return can take the form of any of the following: Form 199, Form 199N, Form 109, or Form 100. Gnerally, smaller organizations that have gross receipts of less than $50,000 can file Form 199N, which is a simplified version of Form 199.
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Statement of Information Filing: Nonprofit organizations in California are required to file a Statement of Information (SI-100) with the California Secretary of State once every two years. The form provides information about the organization’s officers, directors, and address.
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Registry of Charitable Trusts Registration Renewal: Nonprofit organizations in California are required to renew their registration with the Registry of Charitable Trusts every year. The renewal process involves submitting Form RRF-1, which provides information about the organization’s finances and activities.
Cost
| Item | Cost |
|---|---|
| IRS Form 990 Filing | $0 |
| California FTB Filing | $10 |
| Statement of Information Filing | $20 |
| Registry of Charitable Trusts Renewal | $50 |
| Total | $80 |
Resources
- IRS Form 990 Series - Learn more about the IRS Form 990 series and filing requirements on the IRS website.
- California Franchise Tax Board: Tax Exempt Organizations - Filing Requirements and Fees - Learn more about the filing requirements and fees for tax-exempt organizations in California on the FTB website.
- California Secretary of State: Statement of Information - Nonprofit - Learn more about the Statement of Information filing requirements on the California Secretary of State website.
- California Attorney General: Annual Registration Renewal - Learn more about the Registry of Charitable Trusts and registration renewal requirements on the California Attorney General website.