IRS 990-EZ 2009 free printable template

Form Short Form Return of Organization Exempt From Income Tax 990-EZ OMB No. 1545-1150 Under section 501 c 527 or 4947 a 1 of the Internal Revenue Code except black lung benefit trust or private foundation Sponsoring organizations of donor advised funds and controlling organizations as defined in section 512 b 13 must file Form 990. All other organizations with gross receipts less than 500 000 and total assets less than 1 250 000 at the end of the year may use this form. The organization may...have to use a copy of this return to satisfy state reporting requirements. Open to Public Inspection Department of the Treasury Internal Revenue Service A For the 2009 calendar year or tax year beginning C Name of organization B Check if applicable Please Address change Name change Initial return Terminated Amended return Application pending use IRS label or print or type. Form Short Form Return of Organization Exempt From Income Tax 990-EZ OMB No* 1545-1150 Under section 501 c 527 or 4947 a 1...of the Internal Revenue Code except black lung benefit trust or private foundation Sponsoring organizations of donor advised funds and controlling organizations as defined in section 512 b 13 must file Form 990. All other organizations with gross receipts less than 500 000 and total assets less than 1 250 000 at the end of the year may use this form* The organization may have to use a copy of this return to satisfy state reporting requirements. Open to Public Inspection Department of the...Treasury Internal Revenue Service A For the 2009 calendar year or tax year beginning C Name of organization B Check if applicable Please Address change Name change Initial return Terminated Amended return Application pending use IRS label or print or type. See Specific Instructions. 2009 and ending D Employer identification number Number and street or P. O. box if mail is not delivered to street address Room/suite City or town state or country and ZIP 4 insert no. E Telephone number F Group...Exemption Number Section 501 c 3 organizations and 4947 a 1 nonexempt charitable trusts must attach a completed Schedule A Form 990 or 990-EZ. I Website J Tax-exempt status check only one 4947 a 1 or G Accounting Method Other specify Cash Accrual H Check if the organization is not required to attach Schedule B Form 990 990-EZ or 990-PF. Form 990-EZ or Form 990 return is not required but if the organization chooses to file a return be sure to file a complete return* L Add lines 5b 6b and 7b to...line 9 to determine gross receipts if 500 000 or more file Form 990 instead of Form 990-EZ Net Assets Expenses Revenue Part I Revenue Expenses and Changes in Net Assets or Fund Balances See the instructions for Part I. 5a b c a Contributions gifts grants and similar amounts received. Program service revenue including government fees and contracts. Membership dues and assessments. Investment income. Gross amount from sale of assets other than inventory. 5b Less cost or other basis and sales...expenses. Gain or loss from sale of assets other than inventory Subtract line 5b from line 5a.

Instructions and Help about IRS 990-EZ

How to edit IRS 990-EZ

How to fill out IRS 990-EZ

Instructions and Help about IRS 990-EZ

How to edit IRS 990-EZ

To edit the IRS 990-EZ tax form, use a reliable PDF editing tool such as pdfFiller. Open the form in the editor, make the necessary changes, and ensure all information is correct. After editing, save the document to preserve your changes. Finally, download or print the edited form for submission.

How to fill out IRS 990-EZ

To fill out the IRS 990-EZ, follow these steps:

1. Obtain the IRS 990-EZ form from the IRS website or a tax preparation service.
2. Provide your nonprofit’s name and employer identification number (EIN) at the top of the form.
3. Complete Part I by reporting your organization’s revenue, expenses, and net assets.
4. Fill out Part II with the statement of program service accomplishments.
5. Sign and date the form as required in Part III.

Review all filled sections for accuracy and compliance before submission.

About IRS 990-EZ 2009 previous version

What is IRS 990-EZ?

What is the purpose of this form?

Who needs the form?

When am I exempt from filling out this form?

Components of the form

Due date

What payments and purchases are reported?

How many copies of the form should I complete?

What are the penalties for not issuing the form?

What information do you need when you file the form?

Is the form accompanied by other forms?

Where do I send the form?

About IRS 990-EZ 2009 previous version

What is IRS 990-EZ?

IRS 990-EZ is a streamlined version of the annual information return required for certain tax-exempt organizations. It is a tax form used by small to mid-sized nonprofits that are exempt from federal income tax and whose gross receipts are typically less than $200,000.

What is the purpose of this form?

The purpose of Form 990-EZ is to provide the IRS with information about the organization’s financial performance, governance, and other essential details. This form ensures transparency and compliance with federal tax regulations for nonprofits.

Who needs the form?

Organizations that meet specific criteria must file Form 990-EZ. Generally, this includes tax-exempt organizations that have gross receipts less than $200,000 and total assets of less than $500,000 at the end of the year. Some other organizations, such as religious institutions, may have different filing requirements.

When am I exempt from filling out this form?

Organizations may be exempt from filing Form 990-EZ if they are classified as small tax-exempt organizations with annual gross receipts of $50,000 or less, which can instead file Form 990-N (e-Postcard). Additionally, religious organizations and certain other entities may have different requirements.

Components of the form

The IRS 990-EZ consists of three main parts:

1. Part I: Summary—provides a summary of the organization’s financial statements.
2. Part II: Statement of Program Service Accomplishments—details on what the organization has achieved during the period.
3. Part III: Governance, Management, and Disclosure—information on governing body and practices.

Each part requires specific financial data, program accomplishments, and governance details necessary for IRS review.

Due date

The due date for filing IRS 990-EZ is the 15th day of the 5th month after the end of the organization's fiscal year. If the organization operates on a calendar year basis, the form is due by May 15. Extensions may be requested by submitting Form 8868 but must be done timely to avoid penalties.

What payments and purchases are reported?

IRS 990-EZ requires organizations to report various financial transactions, including all revenue streams, expenses related to program services, and administrative costs. This information is essential for assessing the financial health and operational transparency of the organization.

How many copies of the form should I complete?

Typically, you should complete one copy of Form 990-EZ for submission to the IRS. However, it's advisable to keep a signed copy for your own records and to share one with your board of directors for accountability.

What are the penalties for not issuing the form?

Failing to file Form 990-EZ or filing it late can result in significant penalties. The IRS imposes fines that can accumulate daily, leading to potential financial strain on the organization. Additionally, failure to comply can result in the loss of tax-exempt status.

What information do you need when you file the form?

When filing IRS 990-EZ, organizations need various information, including their name, EIN, gross receipts, total assets, and details about expenses and program services. Accurate financial statements and supporting documentation are also crucial for completeness.

Is the form accompanied by other forms?

Form 990-EZ may need to be accompanied by schedules and supplementary forms if applicable. For instance, Schedule A may be required to provide additional disclosures regarding public charity status and public support.

Where do I send the form?

The completed Form 990-EZ should be sent to the address provided by the IRS based on the organization’s location. If filing by mail, ensure that it is sent to the correct processing center to avoid any delays or misdeliveries.

FAQ about IRS 990-EZ

What should I do if I discover an error on my already submitted IRS 990-EZ?

If you find an error on your submitted IRS 990-EZ, you should file an amended return as soon as possible. The amendment process generally involves using Form 990-EZ again, indicating the corrections made. This ensures that your records are accurate and compliant, which is essential for maintaining your organization's tax-exempt status.

How can I verify if my IRS 990-EZ was received by the IRS?

To confirm receipt of your IRS 990-EZ, you can wait for an acknowledgment from the IRS, which typically takes a few weeks for e-filed returns. For those submitted by mail, you may consider using a traceable mailing method. Additionally, you can check the status by contacting the IRS directly if there are any delays or issues.

Are e-signatures accepted for the IRS 990-EZ?

Yes, e-signatures are accepted for IRS 990-EZ when filed electronically. It's essential to ensure that the e-signature process complies with IRS regulations, verifying the identity of the signer. This streamlines the filing process and enhances security while meeting legal requirements.

What are common mistakes to avoid when filing IRS 990-EZ?

Common mistakes when filing IRS 990-EZ include incorrect data entries, failing to report all revenue, and overlooking required disclosures. It's crucial to thoroughly review the form for accuracy before submission, as errors can lead to penalties or delays in processing. Utilizing software can help minimize these risks.

What should I do if my IRS 990-EZ submission is rejected?

If your IRS 990-EZ submission is rejected, you will typically receive a notice that outlines the reasons for the rejection. You should correct the identified issues promptly and resubmit the form, ensuring all guidelines are met to avoid further complications. Keep documentation of any communications with the IRS regarding the rejection.