Get the free 990-EZ

This form is used by organizations that are exempt from income tax under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code, allowing those with gross receipts less than $1,000,000 to

How to fill out 990-ez

How to fill out 990-EZ

1. Obtain IRS Form 990-EZ from the IRS website.
2. Fill out the organization's basic information, including name, address, and Employer Identification Number (EIN).
3. Complete Part I by reporting the organization's revenue, including contributions, program service revenue, and investment income.
4. Move to Part II to report the organization's expenses, detailing program services, management, and fundraising costs.
5. In Part III, provide information about the organization's mission and activities.
6. Complete Part IV and answer the yes/no questions regarding governance and financial practices.
7. Fill in Part V to disclose compensation information for the highest-paid employees and contractors.
8. Attach any necessary schedules or additional information required based on your organization's activities.
9. Review the entire form for accuracy and completeness.
10. Submit the completed form by the due date, typically the 15th day of the 5th month after the end of the organization's fiscal year.

Who needs 990-EZ?

1. Non-profit organizations with gross receipts of $200,000 or less and total assets of $500,000 or less.
2. Organizations that choose to file Form 990-EZ instead of the standard Form 990.

People Also Ask about

Who fills out the IRS Form 990?

Tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations file Form 990 to provide the IRS with the information required by section 6033.

What is the difference between a 990 and a 990 EZ?

Form 990-EZ, the IRS form required for midsized tax-exempt organizations with annual gross receipts between $50,000 and $200,000. Form 990, the IRS form required for larger tax-exempt organizations with annual gross receipts over $200,000 or total assets over $500,000.

What are the rules for filing a 990 EZ?

Form 990-EZ can be filed by organizations with gross receipts of less than $200,000 and total assets of less than $500,000 at the end of their tax year.

Who prepares Form 990?

Hire a Nonprofit Tax Professional to File Form 990 For You Chances are, you wouldn't attempt to work on your modern, computer-controlled car if you're not a certified mechanic. The same logic applies here. Trust a professional to prepare Form 990 for your nonprofit.

What is the difference between a 990 and a 990-EZ?

Form 990-EZ, the IRS form required for midsized tax-exempt organizations with annual gross receipts between $50,000 and $200,000. Form 990, the IRS form required for larger tax-exempt organizations with annual gross receipts over $200,000 or total assets over $500,000.

Can I file a 990 EZ for free?

FREE to file Form 990/990-EZ for organizations with less than $100,000 in gross receipts. For organizations with gross receipts greater than $100,000, we have a sliding scale fee structure starting at $41. FREE to file Form 8868 (request for extension).

Who can fill out 990-EZ?

Form 990-EZ requirements Most tax-exempt organizations with gross receipts less than $200,000 and total assets at the end of the year less than $500,000 can file Form 990-EZ instead of Form 990. Exceptions to this include: Sponsoring organizations of donor advised funds.

Who fills out Form 990 EZ?

The 990 EZ Form is for small- to medium-sized organizations that have gross receipts of less than $200,000 and less than $500,000 in total assets at the end of the year. This includes: Tax-exempt organizations.

For pdfFiller’s FAQs

What is 990-EZ?

Form 990-EZ is a shorter version of Form 990, which is an information return that tax-exempt organizations in the United States file with the IRS to report their financial information, activities, and governance.

Who is required to file 990-EZ?

Organizations that are tax-exempt and have annual gross receipts of more than $200,000 or total assets of more than $500,000 typically must file Form 990. However, smaller organizations with gross receipts under $200,000 may be eligible to file Form 990-EZ instead.

How to fill out 990-EZ?

To fill out Form 990-EZ, organizations must gather their financial statements, including income, expenses, and net assets. They must also report information about their mission, programs, and governance. Detailed instructions for completing the form are provided by the IRS and should be followed closely.

What is the purpose of 990-EZ?

The purpose of Form 990-EZ is to provide the IRS and the public with information about the financial activities, governance, and operations of tax-exempt organizations, ensuring transparency and accountability in the nonprofit sector.

What information must be reported on 990-EZ?

Form 990-EZ requires the reporting of various information including the organization's mission, information about its programs, revenue and expenses, balance sheet data, management and governance structure, and certain compensation details for key employees and independent contractors.