QUESTION:
In the past our PTA filed the IRS 990EZ and we were also registered with the Charities Program because our revenue exceeded $25,000. However the filing requirements for both have changed and our revenues average less than the new threshold of $50,000. We filed the IRS 990-N (e-Postcard) for the 2010-2011 year. Do we have to continue filing the annual update of our registration with the Charities Program, and if so what is the deadline for filing?
ANSWER:
You are correct that the filing requirements for both the federal Internal Revenue Service and the Washington State Charities Program have changed. Because your PTA’s revenue was less than $50,000 you correctly filed the IRS 990-N. While technically you are no longer required to be registered with the State Charities Program, you can file the optional registration that is free and can be filed online. Filing this information will keep you current in the Charities Program’s system, and avoid the potential of having to respond to inquiries later from the program if you don’t file. While the deadline for filing for the 2010-11 fiscal year is May 31st we encourage you to file now so it doesn’t get overlooked, and just think how good it will feel to check that off your “to-do” list.
In the past our PTA filed the IRS 990EZ and we were also registered with the Charities Program because our revenue exceeded $25,000. However the filing requirements for both have changed and our revenues average less than the new threshold of $50,000. We filed the IRS 990-N (e-Postcard) for the 2010-2011 year. Do we have to continue filing the annual update of our registration with the Charities Program, and if so what is the deadline for filing?
ANSWER:
You are correct that the filing requirements for both the federal Internal Revenue Service and the Washington State Charities Program have changed. Because your PTA’s revenue was less than $50,000 you correctly filed the IRS 990-N. While technically you are no longer required to be registered with the State Charities Program, you can file the optional registration that is free and can be filed online. Filing this information will keep you current in the Charities Program’s system, and avoid the potential of having to respond to inquiries later from the program if you don’t file. While the deadline for filing for the 2010-11 fiscal year is May 31st we encourage you to file now so it doesn’t get overlooked, and just think how good it will feel to check that off your “to-do” list.
