Understand Key IRS and Virginia Compliance Requirements for Your Nonprofit

We recently registered our nonprofit as a 501(c)(3) and need guidance on key compliance steps for Virginia state and federal (IRS) requirements. Specifically, we’re hoping to get an overview of essential forms, deadlines, and ongoing reporting obligations. If time allows, we’d also appreciate advice on setting up an accounting system and handling administrative requirements to stay compliant. Would you be able to walk us through the basics and recommend any resources for deeper follow-up?

Organization Mission

Drop of Water is a non profit working in provision of access to safe drinking water , promote proper hygiene and sanitation practices in Ethiopia.