OC Non-Profits May Lose Tax Exempt Status
The Orange County Register's Watchdog, the tenacious Teri Sforza, reported in the very early morning hours on Tuesday, July 27th, that certain Orange County charities might be on the verge of losing their nonprofit status because of a change in the law in 2007 that requires small non-profits to report financial information. You can read Teri's complete report HERE.
COSTA MESA'S GROUP
I read the article and followed some of the links. I downloaded the Orange County data - which you can do, too - that she and her team had sifted from the more than 325,000 organizations nationally - 35,400 in California. Among the 2410 Orange County organizations I found 118 in Costa Mesa, some of which raised an eyebrow - they might for you, too.
Here are the names of a few of the non-profits from the list that jumped out at me:
Releaf Costa Mesa
Orange County Sportswriters Association
Orange County Polish Club (there's a great joke in there somewhere)
Mesa Verde Community, Inc.
Harbor Area Baseball, Inc.
Friends of the Costa Mesa Libraries
Eagle Pride, A California Non-Profit Corporation
Costa Mesa High School Track & Field Boosters
Citizens for Jobs and the Economy
Children's Theater Guild of Newport Harbor
Carden Christian Foundation
BBC Outrigger Canoe Club, Inc.
TAX-EXEMPT STATUS IN JEOPARDY
According to Sforza's piece, the list contains the names and addresses of non-profits which have not made the appropriate financial filings three years consecutively. The link to the IRS site, HERE, tells us that those organizations who fail to make the appropriate filings between May 17, 2010 and October 15, 2010 are in jeopardy of losing their tax exempt status and, as a result, donations to those organizations will not be tax deductible.
FOLLOW THE LINKS
If you follow the links in Sforza's article you find that you can download the information as a pdf. file or an Excel file (which permits you to sort the data).
So, check the list, look for your organizations and get cracking with the filings - OR ELSE!