Effective July 1, 2024, all nonprofit organizations registered in Mississippi are mandated to file an annual report with the Secretary of State’s Office. This requirement, established under House Bill 1344 during the 2024 Legislative Session, aims to enhance transparency and accountability within the nonprofit sector.

Key Details of the New Filing Requirement

Starting January 1, 2025, nonprofit organizations can begin submitting their annual reports, with a submission deadline of May 15 each year. The filing process is free of charge. However, failure to comply may result in the organization’s administrative dissolution.

It’s important to note that this annual report is distinct from the annual charity registration filing. Nonprofits that solicit contributions within Mississippi are required to complete both filings annually. The charity registration pertains to fundraising activities, while the new annual report focuses on organizational information.

How Labyrinth’s Managed Annual Report Service Can Assist

Navigating new regulatory requirements can be challenging for nonprofit organizations. Labyrinth’s Managed Annual Report Service offers a streamlined solution to ensure good standing with Mississippi’s new filing mandate. Our service handles the preparation and submission of your annual report, allowing you to focus on your organization’s mission without the administrative burden.

By partnering with Labyrinth, you can trust that your filings are accurate and submitted on time, assisting in maintaining good standing. Our expertise in nonprofit regulatory requirements ensures that your organization remains in good standing with state regulations.

For more information on how Labyrinth can support your nonprofit’s compliance needs, please contact us today.