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IRS Launches New Online Tool with Enhanced Data on Exempt Organizations

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The IRS has launched a new online database of publically available information about tax-exempt organizations. The new Tax Exempt Organization Search (TEOS) is designed to provide users with faster, easier access to more types of information.

TEOS replaces EO Select Check, which had been available since 2012 and primarily provided information about organizations’ tax-exempt status.

Enhancements in the new tool include:

  • A simplified search process that allows users to search across multiple data files at once.
  • The ability to search by Employer Identification Number (EIN) or organization name.
  • A mobile-friendly platform.
  • Images of Forms 990, 990-EZ, 990-PF, and 990-T (501(c)(3) organizations only) that have been filed with the IRS. 990-series forms filed in January and February 2018 will be available to start, with new filings added monthly.
  • Favorable determination letters issued by the IRS noting that an organization has met the requirements for tax-exempt status. The IRS said while a limited number of determination letters will be available initially, letters issued since January 2014 will be added.

TEOS will also include all data previously available on EO Select Check, which includes information on whether an organization:

  • Has had its tax-exempt status revoked for failure to file required forms or notices for three consecutive years.
  • Is eligible to receive tax-deductible contributions.
  • Filed Form 990-N (e-Postcard) with the IRS (for small organizations).

The IRS website provides search tips and frequently asked questions about TEOS.

We’ve long recommended that organizations use Form 990 to “put their best foot forward” to potential donors, volunteers, the press, and other readers of the form. This is especially true now that the new online tool makes access to Form 990 and other information about your organization easier than ever. Including information from the “About” section of your website and statistics about your outcomes are just a few ways you can use Form 990 to share your organization’s story with the public.

CapinCrouse offers Form 990 services to help you provide accurate and effective reporting. Please contact us to learn more or with any nonprofit tax questions.

Dave Moja

Dave is dedicated to meeting client needs in the exempt organization tax arena through review of client returns, consulting engagements, training, and the compilation of the annual CapinCrouse Higher Education Tax Reporting Trends Project. He has 29 years of accounting experience and serves several industry committees, including the AICPA Not For Profit Advisory Council. Dave has also served on the IRS Advisory Committee on Tax Exempt and Government Entities (ACT).

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