A bit of an emergency at our nonprofit, advice or contact names needed

[Nicholai Burton]

Our board treasurer just resigned and I've learned that he never properly filed a 990 during our existence (we got our status in 2009). Due to checking the wrong box when our co-founder did the 501c3 application, I think we're considered a private foundation and not a public benefit corp. The treasurer filed a 990 postcard at the beginning of 2011, it was rejected due to our status, and rather than getting it fixed and resubmitting, he just decided not to do anything about it.

I'm scared of being personally fined due to his negligence, and more importantly I don't want our theater to fold after 3 successful years of growth.  We need to get our status fixed and our forms for 2010 (and soon 2011) filed. Are there any resources to help with this? We have a little money in the bank to pay for the work, but I have no idea how much an accountant would cost.

Any advice or contact names you could give would be hugely helpful. Do you think we'll need a lawyer too, or can an accountant get us fixed up?

[Lisa Belton]

I think a decent CPA can resolve this - you don't need an attorney.  Call Keith Vincent at 607-5093.  He's wonderful, and tell him I referred you.

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Lisa Belton

Executive Director

Florence Crittenton Programs of SC

19 St. Margaret Street, Charleston, SC 29403

www.florencecrittentonsc.org

843-722-7526

 

[Michael Carnell]

I don't know if he reads this, but you might give Jeff Fleming a call or email over the Palmetto Project. He is excellent and these kinds of form and detail work. Knows all the ins and outs!  His email is jfle...@palmettoproject.org.

Michael

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Michael Carnell
Charleston, SC
Contact Me     

On Thu, Dec 1, 2011 at 11:02 AM, Nicholai Burton <nichola...@gmail.com> wrote:

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[Jeffrey Fleming]

I'm more than happy to talk to Nicholai AND Lisa is right on target and forwarding a name/number for a good CPA is absolutely the way to start.

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___________________________

Jeffrey Elliot Fleming

Palmetto Project, Inc.

1031 Chuck Dawley Blvd., STE 5

Mt. Pleasant, SC 29464

tel: (843) 577-4122

fax: (843) 723-0521

[Nicholai Burton]

Thank you so much to everyone! I've started making progress and hope to get this resolved quickly. If you know any folks with nonprofit board experience who may be interested in joining the board of Charleston's coolest nonprofit theater (so we don't end up in any more messes), please send them my contact info!

[Nicholai Burton]

So in the end it took 5 months and two IRS appeals, but Harmony Romo at Dixon Hughes Goodman accounting and Maria Kiehling at Buist Byars & Taylor were wonderful. They got everything fixed, and all the penalties have been removed. This comes at a good time, as we're expecting the 5,000th patron to walk through the door in a month or so.  Thanks for the calls and emails with advice and encouragement! 

[Michael Carnell]

Hooray and congratulations!  A good lesson you should pass on to all non-profits.

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Michael Carnell - Charleston, SC

www.MichaelCarnell.com

     

On Mon, May 7, 2012 at 10:42 PM, Nicholai Burton <nichola...@gmail.com> wrote:

So in the end it took 5 months and two IRS appeals, but Harmony Romo at Dixon Hughes Goodman accounting and Maria Kiehling at Buist Byars & Taylor were wonderful. They got everything fixed, and all the penalties have been removed. This comes at a good time, as we're expecting the 5,000th patron to walk through the door in a month or so.  Thanks for the calls and emails with advice and encouragement! 

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[Caryn Antos]

Great news! Congratulations, Nicholai!

Thanks for allowing us to stay in the loop and learn through your decisions. Well done.

On Mon, May 7, 2012 at 10:42 PM, Nicholai Burton <nichola...@gmail.com> wrote:

So in the end it took 5 months and two IRS appeals, but Harmony Romo at Dixon Hughes Goodman accounting and Maria Kiehling at Buist Byars & Taylor were wonderful. They got everything fixed, and all the penalties have been removed. This comes at a good time, as we're expecting the 5,000th patron to walk through the door in a month or so.  Thanks for the calls and emails with advice and encouragement! 

--

You received this message because you are subscribed to the Google Groups "PATH NonProfits" group.

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To post to this group, send email to path-no...@googlegroups.com.
To unsubscribe from this group, send email to path-nonprofi...@googlegroups.com.
For more options, visit this group at http://groups.google.com/group/path-nonprofits?hl=en.

--
Caryn Antos
Founder/Executive Director
Yoga Benefits Kids
(843) 425.4806

www.yogabenefitskids.org | Facebook

Deep breaths. Peaceful minds. Healthy bodies. Successful students.