It’s July—the halfway point of the year. While your team may be knee-deep in programming, events, or fundraising efforts, it’s also the perfect time to pause and take stock of your nonprofit’s compliance health.
Why? Because catching small issues now can save you stress—and possibly penalties—later.
🧩 Mid-Year Is Ideal for a Compliance Pulse Check
Many organizations wait until the end of the fiscal year to review records or prepare for IRS filings, but a mid-year review keeps you proactive instead of reactive.
Here are a few smart questions to ask right now:
✅ Have we met our reporting deadlines so far?
Double-check Form 990, charitable solicitation renewals, payroll filings, and any state-specific requirements.
✅ Are we accurately tracking revenue for the public support test?
Your 509(a) public charity status depends on it. Make sure gifts, grants, and earned income are categorized correctly.
✅ Are our internal records up to date?
This includes board minutes, key policies, and donor acknowledgment letters—often overlooked, but critical for audit readiness and good governance.
📌 Why Mid-Year Housekeeping Matters
By catching issues now, you can:
- Prevent bottlenecks during year-end prep
- Improve your Form 990 accuracy
- Strengthen governance transparency
- Minimize stress across your team
- Keep your board informed and engaged
💼 Need Help? That’s What We Do.
At TrimnerBeckham, PLLC, we focus solely on nonprofit tax compliance and consulting—from Form 990 to governance best practices.
Whether you’re due for a compliance check-in, organizing for an upcoming audit, or looking to clean up your back-office processes, we’re here to help.
📩 Reach out today for a mid-year review plan that supports your mission, not just your forms.
Your Mission is Our Passion.
