As required by the Pension Protection Act of 2006 enacted under the Bush administration, the IRS will begin to issue revocation notices in 2011 to any organization that has failed to file three consecutive annual returns (typically a Form 990-N, 990-EZ, 990, or 990-PF). The IRS will establish procedures in the coming months regarding the revocations. Any nonprofit organization that has its exemption revoked, will have to re-apply to the IRS to seek reinstatement. This process can be time consuming and result in unwanted additional costs.