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Instructions and help about instructions 1023

welcome to SBA's nonprofit update I'm Kirsten Houghton a principal at SVA and the head of our nonprofit services group today I'd like to talk to you about the new form 10:23 easy application for tax exemption at only two and a half pages long the form looks simple and asks for very basic information requested an organization respond to various questions by checking a few boxes and then ask that the form be filed with the IRS what could be easier there is more to form 10:23 easy than meets the eye if an organization intends to use the form it must also complete the related eligibility worksheet which consists of 26 yes or no questions answer yes to any question and the organization is required to file the standard form 10:23 if you decide to complete the form you'll need to be aware that there's a gross receipts test that limits the organization to receive to $50,000 or less for the past three years and also the next three years including the current year there is also a total assets te

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