Name: Mark Van Benschoten, CPA, Principal, Director of Not-for-Profit services
Posts by Mark Van Benschoten, CPA, Principal, Director of Not-for-Profit services:
Should your not-for-profit complete online charity registration?
March 2nd, 2012If you are a not-for-profit organization with a fiscal year ending on or after Nov. 30, 2011, listen up – you will be required by the Ohio Attorney General to make online filing of charity registrations. Read the rest of this entry “
Raising Funds for Booster Club? The Rules are Tricky
September 13th, 2011The Internal Revenue Service has issued a warning to booster clubs that conduct fundraisers that they may be subject to IRS scrutiny, including jeopardizing the groups’ 501(c(3) status. An IRS directive addresses the possible tax consequences for booster clubs that reduce the amount a participant is required to pay based on the amount of fundraising the individual has done. Read the rest of this entry “
Is Your Group Still Exempt? 11,000 Ohio NFPs Lose Tax-Exempt Status
July 8th, 2011The IRS recently announced that nearly 11,000 Ohio not-for-profit organizations lost their tax-exempt status. Why? They failed to file an annual informational return for three consecutive years. Read the rest of this entry “
Got A Small Non-Profit? Your 990 Filing Might Be Easier This Year
February 21st, 2011If your not-for-profit organization doesn’t normally have annual gross receipts of more than $50,000, it may be able to file an e-postcard rather than the more extensive IRS Form 990 or Form 990-EZ. The IRS has increased the gross receipts filing threshold from $25,000 to $50,000 for eligible organizations effective for tax years beginning on or after January 1, 2010. Read the rest of this entry “
Is there a silver lining in revised 990 reporting requirements?
November 8th, 2010IRS Form 990 causes anxiety for many trustees of tax-exempt organizations. The form, expanded and revised beginning in the 2008 tax year, was designed to help organizations communicate their business operations more transparently to the IRS, members and the general public. Read the rest of this entry “
How can technology help your non-profit?
September 20th, 2010Can technology help you solve some of your nonprofit’s biggest challenges? In a word, yes, in many cases. Every organization is looking for ways to do more with less, and technology can serve as the additional person on your staff to help make things happen. Read the rest of this entry “
