Non-profit organizations must adhere to various laws and regulations to maintain their tax-exempt status and operate legally. This checklist will help ensure that your non-profit organization complies with the necessary legal, financial, and operational requirements.

1. Maintain Proper Records
2. File Annual Tax Returns/Form 990
3. Comply with Charitable Solicitation Laws
4. Renew State Registration
5. Follow Non-Profit Governance Policies
6. Conduct Regular Board Meetings
7. Review Financial Policies and Practices
8. Ensure Proper Use of Donations
9. Adhere to Employment Laws
10. Maintain Public Disclosure Requirements
11. Monitor Lobbying Activities
12. Conduct an Annual Compliance Review

Maintain Proper Records

Keep detailed records of board minutes, financial statements, transactions, donations, and grant activities as required by law.

File Annual Tax Returns/Form 990

Submit the IRS Form 990 annually, along with any other state-required filings, to maintain your tax-exempt status.

Comply with Charitable Solicitation Laws

Ensure compliance with the charitable solicitation regulations that apply to the areas where you fundraise.

Renew State Registration

Renew your registration with state agencies as required, typically on an annual or biennial basis.

Follow Non-Profit Governance Policies

Adhere strictly to bylaws and governance policies that reflect best practices for non-profits.

Conduct Regular Board Meetings

Hold board meetings as dictated by your bylaws to ensure proper governance and oversight are taking place.

Review Financial Policies and Practices

Implement robust financial procedures, including clear accountability and segregation of duties, to prevent improper financial practices.

Ensure Proper Use of Donations

Utilize donations in accordance with donor restrictions and in pursuit of your organization's mission.

Adhere to Employment Laws

Observe all federal, state, and local employment laws, including those relating to fair labor standards, anti-discrimination, and immigration.

Maintain Public Disclosure Requirements

Make tax returns, financial documents, and governing documents available for public inspection as required by law.

Monitor Lobbying Activities

If your non-profit is involved in lobbying, ensure all activities abide by restrictions and that you report such activities as required.

Conduct an Annual Compliance Review

Regularly review compliance with all legal obligations to identify and correct any issues, and update policies as necessary.

Conclusion

Comprehensive compliance is essential for the integrity and sustainability of your non-profit organization. With the help of a Bizway project, you can systematically manage the compliance process, being mindful of each requirement detailed in this checklist. Bizway's AI Assistants can provide assistance in tracking deadlines, preparing documents, and ensuring that all compliance activities are completed effectively. Keep your non-profit organization in good standing with the structured support of Bizway.