HELP!!! I am the new president for our school Parents Organization (last year I was secretary)we are a non profit organization... so we thought!! The new treasurer found an up opened tax form from the IRS and decided to review some things. She called and found out that we lost our non profit tax ID # in 1997 the problem is we have been using this number on donation reciepts, bank account etc... since then... then she called the IRS and found that the last treasurer never filed anything.. We had previously been filing w/ the IRSs using that tax number and they never caught that we no longer had tax exemp status.... The new treasurer is organized and found how to get back the tax id #, file w/ IRS etc....
What I am really concerned about is all the businees & people that we have given reciepts for donation to. They were lead to believe that we were a non profit & that is why they donated (my husbands business is one of them) Should I contact them??? Should I meet w/ the principal to report this?? Should we inform the members of this at our meeting it's next week?? And most of all I am really mad and want to contact the past treasures & president!!! By the way the past 3 presidents work at the school! And the treasurer from 1997 when we lost the status works there too!!! She just volunteered to run our biggest fundraiser this year!! I really need help/advice Please give me some and soon!!! I am thinking about contacting a accountant for advice.. Should we, we have one that works for the district but I am not to excited about contacting her due to the fact that I am worried that all this will leak out and our group will get a bad name, or that we will asked to not opperate anymore until all is settled, and we do so much good for the kids! HELP!! :confused: :eek: [img]redface.gif[/img]