Small Non-profits Risk Losing Status

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Thousands of small non-profit agencies risk losing their non-profit status after Monday, May 17. Monday is the deadline for non-profit organizations with less than $25,000 revenue per annum to file Form 990-N to the IRS. If an organization has not filed for 3 consecutive years, it loses its status automatically, according to an amendment in the tax code made 3 years ago.

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