NOTE: THIS PAGE ALSO NOTES PERIODIC FILINGS THAT MAY BE QUARTERLY OR MONTHLY
LINKS TO TOPICS ON THIS PAGE:
Federal Filings
IRS Financial Report or Postcard
Employee Filings
State Filings
Corporation Annual Update
Charitable Solicitation Registration Renewal
Charitable Trust Financial Report
Employee Filings
Sales Tax
Special Program License Renewals
Federal Filings
IRS Financial Report or e-Postcard
Charities that have obtained recognition from the IRS as being exempt from the payment of taxes must file annually with the IRS on one of the versions of IRS Form 990. The due date for all annual filings is the 15th day of the 5th month following the end of the charity's fiscal year. The following paragraphs discuss the filing thresholds and the forms that must be submitted, with links to each form or information about the form.
NOTE: Because, over the past four years the IRS has phased in a revised Form 990, the filing thresholds have changed each year since the 2007 tax year! The thresholds below are for fiscal years with beginning dates after December 31, 2009 and are not expected to change in the foreseeable future. For filing thresholds and links to forms for past filing years, from 2007 through 2009, go to the charities section of the IRS website.
PRIVATE FOUNDATIONS: Form 990-PF has not undergone major revisions and must be filed by all private foundations, regardless of income or asset level. For links to the Form 990-PF and Instructions, scroll down to locate the topic Private Foundations.
Public Charities
| Gross receipts for the fiscal year: | File Form: |
| $50,000 or less | 990-N (E-Postcard)* Organizations may choose to file a Form 990-EZ or a full Form 990 |
| Gross receipts less than $200,000 and Total assets less than $500,000 | 990-EZ (Instructions), Schedule A (Instructions), other Schedules, as required** Organizations may choose to file a full Form 990 |
| Gross receipts $200,000 or more, or Total assets $500,000 or more | Form 990 (Instructions), Schedule A (Instructions), and other Schedules and forms, as required** |
*IMPORTANT: The e-Postcard for small organizations is a relatively new requirement that started
with fiscal years with beginning dates after December 31, 2006. Prior to that time, small organizations, with gross receipts less than $25,000 had no filing requirement. Information on filing the 990-N is found on the IRS website. If a charity fails to file this new form for three years, it will lose its tax exempt status.
**To locate other schedules, go to the Forms Search page of the IRS website -- entering 990 in the search will bring up all 990 forms and all schedules and instructions for those schedules.
Private Foundations
Private foundations must file IRS Form 990-PF (Instructions). Private foundations must file annually with the IRS even if they hold no assets or receive no income. Under IRS rules, a copy of the 990-PF must be sent to the state Attorney General's office. Most private foundations will have two reasons to send a copy of the 990-PF to the Attorney General's office -- following the IRS rule and fulfilling the annual reporting requirement of charitable trust registration.
For more information about filing requirements, including extension requests, go to the IRS Rules page of this website.
OTHER SCHEDULES & FORMS:
Schedule B
Most charities will also need to file Schedule B, Schedule of Contributors. This Schedule is exempt from public disclosure for public charities; however private foundations must disclose Schedule B.
990-T
Some organizations may need to file this form. The general rule is that a charity that has unrelated business income of $1,000 or more during the fiscal year is subject to payment of Unrelated Business Income Tax (UBIT). For discussions about what is considered unrelated business income and who must file the form, go to Form 990-T (Instructions), the IRS Publication 598, Tax on Unrelated Business Income of Exempt Organizations and the Virtual Workshop page of the IRS-sponsored website stayexempt.org.
Forms 5227 & 1041-A
IRS Forms 5227 (Instructions) and 1041-A are annual filings for split-interest trusts (charitable lead trusts and charitable remainder trusts). For more information, go to the Trust page of this website.
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Employee Filings
For information on periodic reporting requirements for employees, refer to the Employment Laws page of this website and follow links to the U. S. Department of Labor Compliance Guides. The Michigan Nonprofit Management Manual, 5th Edition, in Section 3, Financial Management and in Section 6, Human Resources, also has discussions of state and federal employment laws and best ways to fulfill those requirements. The Manual is available for sale at MNA's online bookstore.
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State Filings
Corporation Annual Update
Every Michigan nonprofit corporation must file an Annual Information Update by October 1 each year. In August, the Corporation Division sends the form to each nonprofit corporation at the mailing address the Corporation Division currently has on file for the organization. The form must be completed and returned by October 1, along with a filing fee. This form asks if there are any changes in information (resident agent, registered address, board members). This form is no longer available on the Corporation Division website because each form bears an identifying bar code that is specific to the corporate entity. If the corporation does not receive the form in the mail or cannot locate it, call the Corporation Division at 517-241-6470. It is important to keep the Corporation Division informed of any address changes so the form can be sent to the appropriate person or office. To file a change with the Corporation Division use Form 520, Certificate of Change of Registered Office and/or Change of Resident Agent.
If a corporation's annual filing is more than two years late, the corporation will be automatically dissolved by the Corporation Division. The corporation will then need to file a Form 525, CERTIFICATE OF RENEWAL OF CORPORATE EXISTENCE, along with any missed annual filings and filing fees, plus a penalty for each late filing.
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Charitable Solicitation Registration Renewal
The charitable solicitation registration expires each year approximately seven months following the end of the organization's fiscal year. You will be notified of the expiration date when you receive notice that the Charitable Trust Section has approved the organization's registration. Make a note of this date when you receive approval.
The renewal registration must be submitted to the Charitable Trust Section 30 days prior to the expiration date. The Renewal Solicitation Registration form is available on the attorney general's website. The renewal may also be e-filed. For information go to the E-filing page of the attorney general's charities page. For more information on procedures used by the Charitable Trust Section go to the Procedures and Requirements page of the Charities section of the attorney general's website. If you feel the organization may be exempt from the solicitation registration requirement, you may file a Request for Exemption.
If the charity needs more time to prepare the financial information and is unable to file a renewal application 30 days prior to the license expiration date, a letter should be sent to the Charitable Trust Section requesting a 90-day extension of the license. A second 90-day extension can be requested by sending a copy of the IRS Form 8868 that was filed with the IRS requesting a second extension.
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Charitable Trust Financial Report
Charities that are registered as charitable trusts with the Attorney General's Charitable Trust Section must file a financial accounting with the Charitable Trust Section six months following the end of each financial year. The reporting requirement may be fulfilled by submitting a copy of the organization's IRS 990, 990-EZ, 990-PF that was submitted to the IRS, a certified audit, a bank trust accounting, or a treasurer's report that includes a statement of income and expenses and a balance sheet. Organizations that do not already have an accounting may download an IRS Form 990-EZ from the IRS website, or e-file the form. To find out more about e-filing, go to the E-filing page of the charities section of the attorney general's website. For more information on procedures and requirements for registering a charitable trust and maintaining registration, go to the Charities page of the attorney general's website.
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Very small organizations that have less than $25,000 in annual gross receipts AND hold less than $100,000 in assets may request a waiver of the annual reporting by calling the Charitable Trust Section at 517-373-1152 and requesting a waiver form. The waiver may be requested only after the organization has completed registration and filed at least one financial report.
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Employee Filings
For information on periodic reporting requirements for employees, refer to the Employment Laws page of this website. The Michigan Nonprofit Management Manual, 5th Edition, in Section 3, Financial Management and in Section 6 Human Resources also has discussions concerning the requirements and methods to efficiently comply with all requirements. The Manual is available for sale at the online bookstore page of the MNA's website.
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Sales Tax
To register to pay sales tax on items sold and determine how frequently payments must be made, go to the Michigan Department of Treasury website.
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Special Program License Renewals
If the charity operates any programs that are subject to licensing or permits, or if any staff members are required to maintain a license or professional status, put procedures in place to ensure these are renewed as required. You may want to scan through the list of requirements on the Index of Laws page, keeping in mind that the list may not include every requirement that applies to your organization.
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