ISSUE

The IRS’ venerable “Select Check” system has been replaced by “TEOS” (Tax Exempt Organization Search) a more robust product that offers something for most institutions.

 

SITUATION

Saltwater Christian College (SCC) is a private college exempt under Internal Revenue Code section 501(c)(3) and 170(b)(1)(A)(ii).  They are required to file Form 990 annually.

SCC’s Accounting Team calls us because they’ve had the IRS’ “Select Check” bookmarked on their computers for years.  SCC has a small supporting foundation that has no activity, but they like to check occasionally to make sure that their Form 990-N filings are “registered” and that the Foundation is listed as “eligible to receive tax-deductible charitable contributions” (IRS Publication 78 data).

We tell them that “Select Check” has been replaced by “TEOS: Tax Exempt Organization Search” – an expanded product.  TEOS allows a searcher to look for the following data:

  • Organizations eligible to receive tax-deductible charitable contributions (Pub 78 data)
  • Automatically revoked organizations
  • IRS determination letters dated on or after January 1, 2014
  • Form 990-series returns
  • Organizations that have filed a Form 990-N (e-Postcard)

Users may search by Employer Identification Number (EIN) or Organization Name and can narrow the search by City and/or State.

 

RULES

From IRS’ Tax Exempt Organization Search webpage:

In May 2018, IRS replaced Select Check with the new Tax Exempt Organization Search, described below. The new tool has expanded search capability and is user-friendly. Be sure to update your bookmarks to show the new name.

Searching – in general

  1. To pinpoint an organization, include the name, or part of the name, in quotation marks. For example, to search for Anytown General Hospital, enter “Anytown General Hospital” or “Anytown General”.
  2. Fields are not case-sensitive.
  3. When entering an employer identification number, the dash after the first two digits is optional.
  4. Organizations are listed under the legal name or a “doing business as” name (dba) that is on file with the IRS. No separate listings of common or popular names of organizations are included. Some exceptions to the general rule may appear, however. In the Pub 78 data (organizations eligible to receive tax-deductible charitable contributions), dba names of organizations are not listed.

 

BOTTOM LINE

 

Specific questions? Email Dave Moja

The information provided herein presents general information and should not be relied on as accounting, tax, or legal advice when analyzing and resolving a specific tax issue. If you have specific questions regarding a particular fact situation, please consult with competent accounting, tax, and/or legal counsel about the facts and laws that apply.

© 2018 Christian College Resources, Inc.