Form 1023-EZ First Year Report-2026

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  1. Click ‘Get Form’ to open the Form 1023-EZ in our editor.
  2. Begin by filling out Part I, which includes your organization's name, address, and Employer Identification Number (EIN). Ensure all information is accurate to avoid processing delays.
  3. In Part II, select the type of organization you are applying for (corporation, unincorporated association, or trust) and confirm that you have the necessary organizing documents.
  4. Proceed to Part III where you will describe your specific activities. Enter the appropriate NTEE code and check all applicable purposes for your organization.
  5. Complete Part IV by classifying your organization as a public charity or private foundation based on your funding sources.
  6. If applicable, fill out Part V for reinstatement after automatic revocation. Finally, ensure that the application is signed in Part VI before submitting.

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Fundraising Under a Fiscal Sponsor A fiscal sponsor is a registered 501(c)(3) public charity that agrees to support your organizations mission. In this case, they can receive donations on your behalf while your IRS Form 1023 is pending.
You can request an expedited handling of form 1023 application at the time of filing by checking the box at the end of the application. However, for expedited form 1023 processing to be granted, there must be a compelling reason to process the case ahead of others.
The use of the verb project is key, as the IRS understands that the future cannot be predicted with certainty. Thus, there is no automatic penalty for exceeding the initial projections, although exceeding $50,000 in revenue will likely require you to file Form 990-EZ or Form 990 instead of the Form 990-N.
You may check the application status submitted online by logging into your MyFTB account.
If you file Form 1023, the average IRS processing time is 6 months. Processing times of 9 or 12 months are not unheard of. The IRS closely scrutinizes these applications, as the applicants are typically large or complex organizations.

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Specifically, applicant organizations must satisfy the IRS definition of small. That means they must: Anticipate less than $50,000 in annual gross receipts each year for the first 3 years, and. Have already had less than $50,000 in annual gross receipts for all 3 prior years (if any), and.
The main difference between the two is the docHub amount of information that the IRS requires for Form 1023 and the complexity of the information you must provide to complete the application.
In general, you can expect the IRS to review your IRS Form 1023-EZ in approximately 1-3 months. If you havent heard from the IRS within 90 days of submission, you may contact them proactively by calling 877-829-5500. To check on the status of IRS reviews, consult the IRS website.

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