November 15 IRS Filing Deadline for 2023-2024 Club Year

All Soroptimist clubs holding any 501(c)(3) federal tax status are required to file annually with the Internal Revenue Service (IRS) a version of Form 990 no later than the 15th day of the fifth month following the conclusion of the club’s tax/fiscal year. For clubs, the annual deadline is November 15.

All Form 990s must be filed electronically. The version of the 990 form filed  is based on the financial activity of your club. 

Clubs that have gross annual receipts of $50,000 or less usually may file their annual return by the “e-postcard” system (Form 990-N). Please note: The IRS uses a system that requires strict login practices. Please consult the IRS user guide for information on using this system, and please allow plenty of time to complete your filing. Filing with the “e-postcard” system generates a receipt.  Please make sure to print out the receipt as proof of filing. Clubs above the $50,000 threshold should file the appropriate form with the IRS before the November 15 deadline.

SIA headquarters urges all clubs to adopt procedures that provide for the treasurer (or other responsible individual) to provide verification of the filing to the club’s board of directors. If utilizing the “e-postcard” system, a copy of the receipt provided will serve as verification. If another version of the Form 990 must be filed, it is a best practice for the board to review the 990 before it is filed. Forms 990 and 990 EZ that are filed electronically also produce a receipt that can be used to verify the filing for the club board.    

Please note: Any club that has not filed an annual return for three consecutive years will have its federal tax status revoked by the IRS. This means donors will no longer be able receive charitable deductions for their donations, and the club will be liable for federal income taxes. This has already happened to several Soroptimist clubs. The paperwork to reinstate 501(c)(3) status can be overwhelming, and filing fees to regain this status may be assessed by the IRS. Clubs are urged to avoid any lapse in status through lack of annual filing as required. In addition, Soroptimist clubs that lose their status with the IRS will forfeit their club’s charter in accordance with SIA Procedure B. Procedures Governing Clubs #5.

For questions about filing the annual 990, please visit the IRS website’s section on exempt organizations at www.irs.gov/charities-and-nonprofits.

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