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The IRS recently lowered the fee for submitting a Form 1023-EZ from $400 to $250. While removing unnecessary bureaucratic hurdles could help establish a thriving nonprofit sector, others see it as a possible threat to the well-being of the sector as a whole:

"The real problem with the IRS making it “EZ” for almost anyone to open a 501(c)(3) down the street, and one that’s likely a major problem for the rest of us, is that with less judgment applied at entry, there may be many more faux and fraudulent nonprofits among us. If they violate public trust, they weaken the reputation of the sector—and reputation is a very important coin in our realm." - Nonprofit Quarterly

 


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