(X) Policy Memo
February 5, 2009
TO: Non-Profit Sponsors of the Child and Adult Care Food and Summer Food Service Programs
RE: Non-Profit IRS Reporting Change
The Oregon Department of Education Child Nutrition Programs recently received guidance from USDA concerning a change in the Internal Revenue Service (IRS) filing requirements for small, tax-exempt organizations. Failure to comply with the requirements may result in the revocation of an organization’s tax-exempt status.
IRS 990 Reporting Change: The Pension Protection Action of 2006 (PPA) was signed into law on August 17, 2006. Before the law was enacted small businesses with annual gross receipts of under $25,000 were not required to annually file with the IRS.
The PPA now requires most tax-exempt organizations gross receipts that are normally under $25,000 or less, to file Form 990-N, unless the organization decides to file a complete 990 or 990-EZ. The Form 990-N is also known as the e-Postcard, and is named the Electronic Notice (e-Postcard) for Tax-Exempt Organizations Not Required To File Form 990 or 990-EZ.
The PPA added this filing requirement to ensure that the IRS and potential donors have current information about your organization.
Please share this information with your bookkeeper, CPA and/or business manager. If you need additional information, please contact the IRS.
Sincerely,
Lynne Reinoso
Manager, Community Nutrition
Child Nutrition Programs
Office of the Superintendent