Strategic planning is something that many nonprofits talk about doing but never do.  Part of the problem is too many people doing the talking and no one strong enough to take the leadership.  This results in many actions related to government filings to not be completed.  Recently the IRS has stated that “Exempt Organizations:  Status Revoked for Not Filing Annual Return or Notice.”
 
Most tax-exempt organizations, other than churches, must file a yearly return or notice with the IRS.  If an organization does not file as required for three consecutive years, the law provides that it automatically loses its tax-exempt status.  Loss of exempt status means an organization must file income tax returns and pay income tax, and its contributors will not be able to deduct their donations.

What must be filed this year depends on the organization’s financial activity:

Financial activity filing requirement
 
Gross receipts normally?  $25,000
Note:  Organizations eligible to file the e-Postcard may choose to file a full return.  990-N (e-Postcard)
Gross receipts < $ 500,000 and
Total assets < $1.25 million 990-EZ or 990
Gross receipts?  $500,000, or
Total assets?  $1.25 million 990
Private foundation (regardless of financial activity) 990-PF

Additional information

So at a minimum check to make sure your IRS filings are in order and compliance with your state is in order.

The lack of filings has created tax liabilities and penalities for many nonprofits.