MA Nonprofit Annual Report Due by Nov 1

Posted on October 17, 2022October 17, 2022

AAFCPAs reminds clients that every nonprofit corporation organized under the laws of the Commonwealth of Massachusetts must file a nonprofit Annual Report with the Corporations Division on or before November 1st of each year.

Failure to file can lead to a loss of “good standing” as a corporation in Massachusetts.

Learn more here: https://www.sec.state.ma.us/cor/corpweb/cornp/npfrm.htm

About the Authors

Amy Staunton, CPA

Amy is a senior member of AAFCPAs’ Managed Accounting Solutions (MAS) practice, providing high-level, outsourced CFO services for nonprofits, foundations, and grant-making organizations. She serves as an active partner to the CEOs of AAFCPAs’ nonprofit MAS clients, bringing a forward-looking and proactive stance to managing the agency’s finances. Amy understands the nuances inherent in the sometimes exasperating world of nonprofit finance, including innumerable compliance requirements, resource constraints, and nonprofit culture challenges. She has strong strategic business planning expertise and is passionate about the strategic side of the position, but also has a solid technical accounting background, intellectual curiosity, and hands-on involvement.

Joyce Ripianzi, CPA

Joyce is a Partner in the Consulting Division of AAFCPAs and a member of the firm’s growing Managed Accounting Solutions (MAS) practice, which provides “right-size” outsourced accounting solutions, from cloud-based bookkeeping to CFO deliverables, designed to optimize the effectiveness of the modern finance function. Joyce has 30+ years of diverse experience in public accounting at national and regional CPA and consulting firms. She is also a former CFO of an 18-million-dollar organization.