I recently formed a non-profit organization and obtained IRS approval for the entity as a recognized 501(c)(3) entity. Very soon after receiving approval from the IRS, I received a notice from the IRS that the entity's non-profit status was revoked for failure to file annual documents with the IRS for the preceding 3 years. This was absolute nonsense given the entity was only approved for a matter of weeks and was not obligated to file any annual documents with the IRS.
It turns out the IRS has a programming glitch that resulted in many, many non-profit organizations erroneously having their non-profit status revoked. It should be the case that the entities that were wrongly revoked will receive a letter of reinstatement without lapse from the IRS.
A non-profit organization can be a great entity. I am here to help you assess whether a non-profit organization will work for you and, if so, get your organization formed and approved.
The material contained herein is provided for informational purposes only and is not legal advice, nor is it a substitute for obtaining legal advice from an attorney. Each situation is unique, and you should not act or rely on any information contained herein without seeking the advice of an experienced attorney.