Financial Management, Insurance and Reports
All 4-H Volunteers Must be Familiar with all 4-H Policy and Comply with These Policies
All 4-H clubs must meet 4-H club guidelines and must be led by screened volunteers. Once a club has fulfilled all requirements, it is chartered by UMass Extension 4-H. The club charter stays with the club for the life of this club and should be passed to the new 4-H leader if club leadership changes. Every club must file an Annual Club Report and Financial Form with their local 4-H Educator. This annual report covers the time period of July 1 - June 30 and is due on August 1 of each year. Clubs that do not report annually will have their charters revoked and will cease to operate as 4-H clubs. The 4-H club will not be active in 4honline until the report is filed and accepted.
Every club and council must file the 990N with the IRS each year between July 1 and August 1 even if it has no income or expenses.
In summary, each year every club leader must:
- Submit an Annual Club Report and Financial Form (which includes a financial report) for all financial accounts (ie: checking, savings, CD's or other investment accounts) to their local 4-H Educator by August 1. Use the Annual Club Report and Financial Form found in the Reporting Resources section below.
- IRS 990-N Filing: Your local 4-H office will complete and submit the 990-N IRS filing for your group if your assets are less than $50,000. For those groups, clubs, or committees earning more than $50,000, you are required to complete the IRS Form 990-EZ yourself and submit it to the IRS. You must then provide proof of filing to the local 4-H office. If this applies to your group, you will receive a form indicating that your filing was successful. Send that form, along with your financial records to your local 4-H office.
- Re-enroll as a volunteer in v2.4honline.com. Make sure their assistant leaders re-enroll through 4honline. Make sure any new leaders contact the local 4-H office to be screened.
- Confirm their club enrollment with their local 4-H office by approving member re-enrollments in 4honline, signing paper forms for new members and confirming their club list with the 4-H office. Re-enrolling members should re-enroll on-line through 4honline. New members must submit paper forms. Enrollment forms are found in the "Forms" section of this site. All members must pay enrollment fee. Enrollment due date is November 30.
Tax Exempt Status and Registering and Terminating an Employee Identification Number (EIN)
Massachusetts 4-H clubs and councils are subordinates of the University of Massachusetts and receive income tax exempt status through a group exemption number (GEN) issued by the IRS. The GEN for Massachusetts 4-H is 5929. All clubs, Advisory and Program Councils are required to have an EIN (regardless of whether they collect funds) and to comply with all Massachusetts 4-H policies and procedures and to file the required annual reports. The person applying for the club EIN must give their own Social Security number to verify citizenship but once the EIN is linked to 4-H that EIN is disassociated with the Social Security number. The EIN stays with the 4-H club or council, even when the leader (or treasurer) of the group changes. The 4-H program sends a list of subordinate groups to the IRS every March. If the leader of the 4-H club changes (or the mailing address changes) that should be reported immediately to the local 4-H Educator.
- Responsibility for Acknowledging Gifts and In-Kind Donations
- Responsibility for Collecting Sales Tax
- Responsibility for Paying Taxes on Raffles
- Tax Issues for Private Individuals