3 Reasons You Might Miss the Nonprofit Tax Deadline—And How to Avoid It

The clock is ticking! The deadline for most nonprofits to file their Form 990 is just two days away. If your fiscal year ends on December 31st, May 15th is the day to circle in bold. Missing this deadline can cost your organization big time in penalties, lost credibility, and even revoked tax-exempt status.

If you’re feeling overwhelmed, you’re not alone. Here are three of the most common reasons nonprofits miss the deadline—and how to avoid becoming a cautionary tale:

1. You Didn't Know the Deadline Applied to You Many new or smaller nonprofits think that if they didn’t raise much money, they don’t need to file. Not true. Even if your revenue is $0, you're still required to file a version of Form 990 (such as 990-N or 990-EZ). Missing this for three consecutive years? The IRS can revoke your tax-exempt status.

How to Avoid It: Know your filing category and file on time every year, no matter your income level.

2. You Didn’t Have the Right Info Ready Getting caught without the right financials, board member info, or EIN handy is a fast way to stall your progress. Many nonprofits delay filing simply because they aren’t organized.

How to Avoid It: Keep a simple compliance binder or cloud folder updated year-round with basic info: bank statements, donation summaries, board rosters, and previous filings.

3. You Thought Someone Else Was Handling It Whether it’s your treasurer, CPA, or part-time admin, assuming "someone else" is taking care of it can be a costly mistake. Clear roles matter.

How to Avoid It: Assign responsibility early in the year, and use shared checklists to track deadlines.

Need Help? We’re Here. If you’re reading this and panicking, breathe. Our team at Creative Nonprofit Business Consultants is ready to help you file before the deadline—or file an extension if needed. Don’t let paperwork stand between you and your mission.

Click here to book a tax filing consultation now.

Cheryl