The Indiana NP-20 form is the annual report required for nonprofit organizations operating in Indiana. This report helps the Indiana Department of Revenue keep track of the organization’s activities, governance, and financial status. It must be filed annually, providing essential information about the organization’s operations and compliance with state regulations.
The NP-20 form is due on the 15th day of the 5th month following the end of the nonprofit’s tax year. For organizations operating on a calendar year, this means the form is typically due by May 15th. Timely filing is crucial to avoid potential penalties or issues with compliance.
No fee is required for filing the NP-20 form. Nonprofit organizations can submit their annual report without incurring any costs, making it more accessible for them to remain compliant with state regulations.
The NP-20 form requires various pieces of information, including:
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Name and address of the organization
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Contact person’s name and telephone number
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Indiana Taxpayer Identification Number
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Federal Employer Identification Number
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Details about any changes to governing instruments
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A description of the organization’s purpose or mission
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Current officers' names, titles, and addresses
Additionally, if the organization has unrelated business income exceeding $1,000, it must file Form IT-20NP.
What should I do if my organization has made changes to its governing documents?
If there have been changes to your organization’s governing documents, such as articles of incorporation or bylaws, you must provide a detailed description of those changes. Attach this information to the NP-20 form when you submit it to ensure that the Indiana Department of Revenue has the most accurate and up-to-date information about your organization.
Yes, if your organization files a federal return, you must attach a completed copy of Form 990, 990EZ, or 990PF. Additionally, you should include a schedule listing the names, titles, and addresses of current officers. These attachments help provide a complete picture of your organization’s activities and governance.
To ensure accuracy, carefully review the form and all attachments before submission. Double-check all names, addresses, and identification numbers. It’s also advisable to have another person review the completed form. Remember to declare under penalties of perjury that the information is true and correct, and ensure that it is signed by an officer or trustee of the organization.
Failing to file the NP-20 form on time can lead to penalties and complications with your organization’s compliance status. It may affect your nonprofit’s ability to operate legally within the state. If you miss the deadline, it’s best to file as soon as possible and consult with a legal or tax professional for guidance on how to rectify the situation.