You are here:
| Expert | Average Ratings | Expertise |
|---|---|---|
Harvey MechanicU.S.
Available
|
US Federal tax issues of nonprofit 501(c)(3) public charities only. Establishing and maintaining legal requirements for such non-profit organizations in the United States, including Internal Revenue service filings and requirements. I will not be working on this free forum to answer questions about Nonprofit's unrelated or for-profit businesses or how to fill out forms. This forum is only for general questions about federal tax law, not as the law applies to your specific situation. To search my previous answers you can do a Google search by "site:allexperts.com/q/nonprofit" without the quotes and then add your search terms before hitting enter. |
The asset test for the 990 takes precedence over the asset test for the 990-N. In other words, an organization needs first to see if it is required to file the 990 or 990-ez. If it does not, then the
I don't know what you mean by HAS but I am assuming that you are referring to a 501(c)(3) organization. I would need to read the contract (or agreement or offer)( by the school in which they originally
501(c)(3) organizations may have separate checking accounts. It is not that there is any law stating that such multiple checking accounts may be maintained. Here in the United States, unless something
The organization may refund to parents fees that they paid that were not used, but not the other funds. You can see in your Articles of Incorporation the dissolution clause that the IRS requires for 501(c)(3)
My summary of IRS regulations relating to 501c3 booster organizations is at: http://goo.gl/9b573 and you may be interested to read that as it explains the issues you inquired about. Specifically, note

©2012 About.com, a part of The New York Times Company. All rights reserved.