January-February 2016

Yes, Form 5578 - Annual Certification of Racial Nondiscrimination for a Private School Exempt from Federal Income Tax, must be filed by your church. The form must be filed by the 15th day of the fifth month following the end of the church’s calendar year or fiscal period.

Editor’s note: The 2016 edition of Reporting Procedures for Congregations by Dan Busby and others will be available for Nazarene church treasurers in early January. You can also find more information at the IRS.gov website.

Dan Busby is president of the Evangelical Council for Financial Accountability (ECFA)—an accreditation organization that sets standards for governance, financial management, and fundraising/stewardship for churches and other nonprofits across the country.

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