- Position Title:**Nonprofit Tax Specialist (Volunteer)**
- *Reports To:**Director of Finance and Administrator**
- *Role Overview**
The Nonprofit Tax Specialist ensures that the organization maintains compliance with all federal, state, and local tax laws governing tax-exempt entities. This role involves preparing tax filings, monitoring tax-exempt status, advising on nonprofit financial regulations, and ensuring compliance with IRS and state tax requirements.
- Tax Compliance & Filings
- Prepare and file IRS Form 990, 990-EZ, or 990-N annually.
- Ensure compliance with state and local tax filings, including sales tax exemptions and charitable solicitation registrations.
- Monitor and maintain the organization’s 501(c)(3) tax-exempt status.
- Assist with unrelated business income tax (UBIT) filings if applicable.
- Financial & Regulatory Compliance
- Ensure adherence to IRS regulations and nonprofit accounting best practices.
- Advise on the proper classification of revenue, including donations, grants, sponsorships, and earned income.
- Work closely with auditors and accountants during financial audits.
- Fundraising & Donor Compliance
- Ensure charitable contributions comply with IRS regulations.
- Advise on donor acknowledgment letters, gift receipts, and restricted funds reporting.
- Oversee compliance with state charitable solicitation laws.
- Risk Management & Advisory
- Identify potential tax risks and provide strategic recommendations.
- Guide the nonprofit on best practices for governance and financial transparency.
- *Skills & Qualifications:**
✔ Bachelor’s degree in accounting, finance, tax law, or a related field. CPA, EA, or JD preferred.
✔ Prior experience in nonprofit tax compliance, public accounting, or nonprofit finance.
✔ Expertise in IRS nonprofit regulations and tax filings.
✔ Knowledge of Generally Accepted Accounting Principles (GAAP) for nonprofits.
✔ Strong analytical and problem-solving abilities.
✔ Familiarity with accounting software (e.g., QuickBooks, Blackbaud, Sage Intacct).
✔ Passion for nonprofit work and commitment to financial transparency.
Flexible, 10-15 hours per week.
- *Benefits:**
- Be part of a forward-thinking organization focused on transformative technologies.
- Lead impactful programs that inspire and shape future tech leaders.
- Expand your professional network and develop leadership skills.
This volunteer role offers a unique opportunity to make a meaningful impact in the tech community while driving innovation and career development initiatives.