QUESTION:
How do I update my 1023
application with the IRS?
ANSWER:
The
1023 Form is the Application for Recognition of Exemption under Section
501(c)(3). To update this application, you would first make a beginning
statement like the following:
•
We have
extended our activities from the following…..
•
These
are additional activities from what we have done in the past…..
Next, review your
original 1023 Form. The narrative for pre 2006 is found on Page 2, part II of
the 1023 Form. For the period after 2006 to present go to page 2, Part IV of
the 1023 Form. The update/letter needs to include the questions listed below.
List each new activity separately. Please list any alternate names under which
you operate, including any “aka’ (also known as) or “dba” (doing business as)
names.
•
A
detailed description of the activity including its purpose and how each
furthers your exempt purpose;
•
Also
include the percentage of total time dedicated for each activity.
•
Who
conducts the activity?
•
When and
where the activity was or will be initiated?
•
How is
the activity funded?
You can mail or fax
your form to the IRS. Their fax number is (513) 263-4330 or (513) 263-3434 with
a cover letter.
Internal Revenue
Service-TE/GE Division
ATTEN:
Correspondence Unit, Room 4024
PO Box 2508
Cincinnati OH 45201
Organizations
applying for recognition of exemption under a provision other than section 501(c)(3)
generally use Form 1024. To update your PTA’s 1024 Form please contact the
State PTA office at (253) 565-2153 or (800)562-3804 for assistance. The office
staff is happy to help you with any question you have relating to IRS forms.
