Monday, September 15, 2008

Update on 501(c)(3) Status

Well, we received our official Acknowledgement Notice from the IRS this week. Don't get excited, all it is really acknowledging is that the IRS received our paperwork and will get back to us in about two months. Apparently they use fourth class mail or something because the letter was dated August 25th. Of course, I already knew they got the application because they cashed the check for the $300 filing fee like a mother.

Personally I am hoping that we can get approval before the end of the year, but none of us are holding our breath. The conventional wisdom seems to be that the whole process takes between two and six months but I think the IRS is taking longer than it used to.

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