Organizations that fail to file their annual 990 Information Returns for three consecutive years will lead to Automatic Revocation of the organization's tax exempt status by the IRS. Once an organization has been revoked, it can no longer receive tax-deductible contributions and will be removed from the cumulative list of tax exempt organizations.
Although exempt organizations can lose its tax exempt status, it can be reinstated through a reinstatement process. Depending on the type of organization, this progress begins by filing one of the following appropriate form: Form 1023, Form 1023-EZ, or Form 1024.
The procedure to reapply for tax exempt status from the IRS depends on various factors and scenarios. These include:
For detailed information on identifying the procedure for filing of reinstatement that would best fit your Organisation, please click: https://www.irs.gov/charities-non-profits/charitable-organizations/automatic-revocation-how-to-have-your-tax-exempt-status-retroactively-reinstated