[TheThinkTank] 5 year audit

Hey everyone,

We're a pretty new nonprofit org, just over 1 year. Are there older orgs out there that have done are or are preparing for a 5-year audit from the IRS to maintain their non-profit status? One of our members seems to think we need to do this in the future. I'm not sure what this means, as I can't find any info on this audit.

Any info on this is appreciated--thanks! liza