Last updated on Apr 3, 2016
Get the free IRS Form 990 2013
We are not affiliated with any brand or entity on this form
Why pdfFiller is the best tool for your documents and forms
End-to-end document management
From editing and signing to collaboration and tracking, pdfFiller has everything you need to get your documents done quickly and efficiently.
Accessible from anywhere
pdfFiller is fully cloud-based. This means you can edit, sign, and share documents from anywhere using your computer, smartphone, or tablet.
Secure and compliant
pdfFiller lets you securely manage documents following global laws like ESIGN, CCPA, and GDPR. It's also HIPAA and SOC 2 compliant.
What is Form 990
The IRS Form 990 2013 is a tax document used by tax-exempt organizations to report their financial information to the Internal Revenue Service, ensuring transparency and compliance.
pdfFiller scores top ratings on review platforms
Who needs Form 990?
Explore how professionals across industries use pdfFiller.
Comprehensive Guide to Form 990
What is the IRS Form?
The IRS Form 990 is a vital document used by tax-exempt organizations to report their financial condition to the Internal Revenue Service (IRS). Specifically for the year 2013, this form serves multiple purposes, including the promotion of transparency and compliance for organizations such as Beacon of Hope, Inc. Completing this form accurately is essential for maintaining good standing in the eyes of the IRS.
Tax-exempt organizations are required to utilize this nonprofit tax return to share fundamental financial information, which allows for better accountability and oversight within the sector.
Purpose and Benefits of IRS Form
The IRS Form 990 is crucial for nonprofits as it supports the continuing eligibility for tax-exempt status. Without proper submission, organizations may jeopardize their standing and miss out on essential benefits.
-
The form helps to bolster transparency for stakeholders, including donors and grant-making organizations.
-
Correctly fulfilling this requirement enhances organizational credibility in the nonprofit sector.
-
By providing a clear financial picture, the form builds trust among supporters and facilitates informed decision-making.
Key Features of IRS Form
This form encompasses several key components that organizations must address. Among these are sections that capture vital information such as financial data and program accomplishments.
-
Essential sections include a comprehensive overview of a nonprofit’s financial activities for the fiscal year.
-
Signatures from key personnel, such as the CEO or Executive Director, are imperative to validate the document.
-
Accuracy is critical, as misreported data can lead to complications or penalties from the IRS.
Who Needs to File the IRS Form?
Only specific types of organizations are mandated to file the IRS Form 990. The eligibility criteria focus on tax-exempt organizations operating within the United States.
-
Most charitable organizations are required to file this form annually to maintain tax-exempt status.
-
Certain smaller nonprofits may be exempt depending on income levels and other factors.
-
Organizations should familiarize themselves with the circumstances under which exceptions apply to avoid noncompliance.
When and How to Submit IRS Form
Filing timelines for the IRS Form 990 are critical for compliance. The deadlines for submitting the 2013 form need to be adhered to strictly to avoid penalties.
-
Organizations are advised to complete their filing by the designated deadlines to maintain tax-exempt status.
-
Submission methods vary, allowing for electronic filing or traditional mail, which can influence processing times.
-
Late submissions may incur fines, emphasizing the necessity of timely action.
Step-by-Step Guide to Filling Out the IRS Form
A successful completion of the IRS Form 990 requires diligent attention to details. Here is a structured guide to assist organizations in this process.
-
Begin by gathering all required financial documents and data for the fiscal year.
-
Proceed field by field, ensuring accuracy in reporting information.
-
Be aware of common errors, such as miscalculating expenses or revenues.
-
Utilize a review checklist to verify the completeness of the form before submission.
How to Sign and Submit IRS Form
Signing the IRS Form 990 involves specific requirements that organizations must follow carefully. Understanding the difference between digital and wet signatures is crucial.
-
Digital signatures must adhere to IRS standards for electronic submissions.
-
Wet signatures are required on hard copies, necessitating action from authorized signers.
-
Final submission steps require confirmation of receipt to ensure the form has been filed correctly.
Security and Compliance when Handling IRS Form
Maintaining security during the handling of IRS Form 990 is paramount for protecting sensitive information. Organizations must comply with various data protection regulations.
-
Understanding relevant data protection laws such as HIPAA and GDPR is vital for compliance.
-
Implementing security measures, including encryption during submission, is critical to safeguard data.
-
Organizations must also adhere to record retention requirements to fulfill legal obligations.
Engage with pdfFiller for Your IRS Form Needs
PdfFiller provides valuable support for organizations looking to navigate the complexities of filing IRS Form 990. The platform simplifies the entire process, making it efficient and secure.
-
Key features include ease of editing, filling, and eSigning forms directly through the platform.
-
Being cloud-based allows for flexible document management without the need for downloads.
-
PdfFiller implements robust security protocols ensuring the safe handling of sensitive forms.
How to fill out the Form 990
-
1.Access pdfFiller and search for IRS Form 990 2013 to open it in your browser.
-
2.Familiarize yourself with the form layout, scrolling through each section to identify required fields.
-
3.Gather essential financial data, including income statements, balance sheets, and program accomplishments before starting.
-
4.Begin filling in the fields, entering accurate financial information, ensuring you complete all mandatory sections marked with an asterisk.
-
5.Utilize pdfFiller's editing tools to add text, numbers, and any additional notes or attachments as needed.
-
6.Review all entered data for accuracy, checking that figures align with supporting documentation.
-
7.Once all information is complete, finalize the document by clicking the review option provided by pdfFiller to ensure everything is correct.
-
8.Save your completed form by selecting the download option, allowing you to save it in your preferred format for submission.
-
9.Consider submitting the form directly via pdfFiller by using their submission feature, or download and submit it manually to the IRS as per guidelines.
Who is eligible to file IRS Form 990?
IRS Form 990 must be filed by tax-exempt organizations, such as charitable nonprofits, that have gross receipts of $200,000 or more or total assets of $500,000 or more. Organizations under these thresholds may be required to file a different form.
What are the deadlines for submitting Form 990?
The Form 990 must typically be filed on the 15th day of the 5th month after the end of your organization's fiscal year. For organizations with a calendar year-end, that translates to May 15. Extensions can be requested, but late filing may incur penalties.
How do I submit IRS Form 990?
IRS Form 990 can be submitted electronically through the IRS e-file system or via mail. If using pdfFiller, you may submit directly through their platform or download the completed form and send it to the IRS address listed in the instructions.
What supporting documents are required with Form 990?
Typically, organizations must include financial statements, schedules detailing program activities, and a list of board members. Ensure your completed Form 990 is accompanied by any necessary attachments to ensure compliance.
What common mistakes should I avoid when filing Form 990?
Common mistakes include incorrect financial data entries, failing to sign the form, not providing required attachments, and missing submission deadlines. It’s crucial to double-check entries and ensure all documentation is complete.
How long does it take to process Form 990?
IRS Form 990 processing times can vary, but typically the IRS processes electronic submissions faster than paper filings. Expect confirmation within a few weeks. Ensure to allow sufficient time before any funding deadlines.
What if I made an error on my filed Form 990?
If you realize an error after submission, file an amended Form 990 as soon as possible to correct the information. The IRS provides instructions for filing amendments; follow them carefully to adjust your financial records.
If you believe that this page should be taken down, please follow our DMCA take down process
here
.
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.