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Nonprofit Tax Specialist

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ORGANIZATION: futuretechfoundation

  • 1 person is interested
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*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.

1. 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.

2. 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.

3. 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.

4. 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.

**Time Commitment:**

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.

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About futuretechfoundation

Location:

1529 12th St SE #200, #129, Rochester, MN 55904, US

Mission Statement

Futuretech Foundation is dedicated to fostering innovation and inclusivity in technology by supporting research, education, and community-driven initiatives. Our mission is to empower individuals and organizations to harness cutting-edge technologies for social good, advancing solutions that address global challenges and promote a sustainable, equitable future for all."

Description

**Welcome to Futuretech Foundation!**

Futuretech Foundation bridges the gap between technology and community empowerment, leveraging innovation for social good. Our mission is to support education, research, and initiatives that address global challenges through technology.

**Our Goals:**
- Empower underserved communities with tech education.
- Support research for sustainable, equitable solutions.
- Foster partnerships that drive meaningful change.

**Our Programs:**

**Tech for Good Grants:**
Funding for tech projects solving social issues.

**Educational Outreach:**
Inspiring future technologists.

**Innovation Incubators:**
Mentorship for impactful startups.

**Community Tech Hubs:**
Centers for training and collaboration.

**Join Us!**
Your skills and passion can make a difference. Whether mentoring, organizing, or contributing your expertise, there's a place for you at Futuretech Foundation.

CAUSE AREAS

Computers & Technology
Education & Literacy
Health & Medicine
Computers & Technology, Education & Literacy, Health & Medicine

WHEN

We'll work with your schedule.

WHERE

This is a Virtual Opportunity with no fixed address.

SKILLS

  • Financial Auditing
  • Financial Planning
  • Tax Law
  • Financial Service Assistance

GOOD FOR

N/A

REQUIREMENTS

N/A

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