After I asked this question Quincy had sent me a message stating: “We are a registered nonprofit but we’re still waiting for the IRS to grant us tax-exempt status.”
That is the latest I have heard and that was in the beginning of December.
I am certainly not an expert in any of this, but I have heard it can take up to a year for everything to be reviewed and decided.
After re-reading some of this post I have a strong feeling that, as soon as 501©(3) is granted/finalized, there will be a decent amount of attention brought to that fact. It is likely the difference in a decent amount of donations.