Monday Morning News

new-990-imageIn the third and final installment of my news and information updates that clean out my in-boxes (the last two are here and here), I will lead off with two time sensitive items.

1. 990, 990-EZ, 990-PF and 990-N

Is your organization on a calendar fiscal year?  Then your forms are do this Friday, May 15, 2009.  From the IRS:

Calendar year exempt organizations that file Forms 990, 990-PF, or 990-EZ are reminded that their annual information returns are due on May 15. An organization may request an initial automatic extension of time to file its annual information return by filing Form 8868 by the due date of the return. For more information, see Form 8868 and its instructions [a pdf].

Forms 990, 990-EZ and 990-PF for non-calendar year organizations are due on the 15th day of the 5th month following the end of their annual accounting period.

Form 990-N filers cannot get an extension to file.  Information about the 990-N can be found here.

Guidestar has a nice piece on what the governance aspects of the new forms are, you can read it here.

2. Financial Management in Tough Times

Starting Thursday May 14 and continuing on every other Thursday through June the Chronicle of Philanthropy is teaming up with the Nonprofit Finance Fund to present a series of free online discussions.  Click here for the detials and to submit questions.

Looking to build a business to help support your nonprofit organization?  You are not alone.

Board of Directors of nonprofit organizations are going to have to step up their game in this economy, and there are resources out there for them.  From BoardSource comes another: 10 smart things your Board can do now to help your organization.

3. Other Items of Interest

New to the sector?  Nonprofit Leadership 601 has a nice peice for anybody that is new to the sector (staff, board, donor or volunteer) and needs an overview.

Does your nonprofit do personel evaluations?  Is there a policy about them? If there is or is not a policy I would read this piece about performance evaluation policies.

One response to “Monday Morning News

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