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Nonprofit Audit Threshold Increases on 1/1/24
Guidance Available

HB1197, which raised the nonprofit audit threshold to $500,000 in charitable contributions, is now Public Act 103-0121. The new threshold goes into effect on 1/1/24. After that date, organizations that raise between $300,000-499,999 in charitable contributions may complete a financial review instead of an audit. Forefront has related implementation guidance for nonprofits.

Download our guidance and plan ahead. 

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Join the NEW
Forefront Social Impact Action Center

Advocate for a thriving and vibrant social impact sector in Illinois with Forefront's Social Impact Action Center. This new platform, in partnership with Voter Voice, is a grassroots advocacy tool that will help Forefront engage our statewide supporters for collective action, educate lawmakers at the local, state and federal levels, on key legislation and regulations, and amplify the message that philanthropic organizations, including nonprofits, grantmakers, advisors and allies, can help make Illinois a more equitable and accessible place all.

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Forefront Policy Positions & Priorities

For more information about Forefront’s Public Policy advocacy and efforts, email publicpolicy@myforefront.org.

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