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OMB No. 1545-0047 Form Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation) Open

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What is 09 form 990?

09 form 990 refers to the annual informational return that tax-exempt organizations file with the Internal Revenue Service (IRS) in the United States. It is used to provide financial information about the organization and its activities.

Who is required to file 09 form 990?

Certain tax-exempt organizations, such as charitable and educational organizations, social welfare organizations, and private foundations, are required to file 09 form 990 if their gross receipts exceed a certain threshold amount.

How to fill out 09 form 990?

To fill out 09 form 990, the organization needs to gather information about its finances, governance, programs, and activities. The form includes sections for reporting income, expenses, assets, liabilities, compensation of key personnel, and other relevant details. It is recommended to consult the official instructions provided by the IRS to accurately complete the form.

What is the purpose of 09 form 990?

The purpose of 09 form 990 is to ensure transparency and accountability of tax-exempt organizations. It provides the IRS and the public with information about the organization's operations, financial status, governance, and compliance with tax regulations. This helps to maintain the integrity of the nonprofit sector and allows donors and stakeholders to make informed decisions.

What information must be reported on 09 form 990?

09 form 990 requires organizations to report various information, including their revenue and expenses, assets and liabilities, program achievements and outcomes, compensation of key employees, governance policies, and certain transactions with interested persons. The form may also require organizations to disclose additional details based on their activities and operations.

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