Last updated on Apr 12, 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 2013
The IRS Form 990 2013 is a federal tax document used by tax-exempt organizations to report financial information and activities to the IRS.
pdfFiller scores top ratings on review platforms
Who needs Form 990 2013?
Explore how professionals across industries use pdfFiller.
Comprehensive Guide to Form 990 2013
Understanding IRS Form
The IRS Form, specifically known as Form 990, acts as a financial reporting tool designed for tax-exempt organizations in the United States. This document serves a critical role in maintaining transparency within the nonprofit sector, ensuring that organizations comply with regulations while providing insights into their financial operations.
To validate the information reported, the form requires signatures from designated roles within the organization, namely an officer and the preparer, reinforcing accountability.
Purpose and Benefits of Filing IRS Form
Filing the IRS Form is essential for organizations to adhere to IRS regulations. By completing this form, tax-exempt organizations maintain their tax-exempt status, which is crucial for their continued operation.
In addition to compliance, filing Form 990 promotes public accountability, allowing stakeholders to gain insights into the organization's financial health and operational efficiency.
Key Features of IRS Form
The IRS Form contains significant sections that provide a comprehensive overview of the organization. Key features include mission statements that define the organization's purpose, detailed financial statements reflecting fiscal activities, and governance information that outlines the management structure.
-
Mission Statement: Describes the core objectives of the organization.
-
Financial Statements: Presents the income, expenses, and assets.
-
Governance Details: Establishes the oversight and management framework.
Accuracy and completeness are paramount in each section to uphold the integrity of the information submitted.
Who Needs to File IRS Form?
Tax-exempt organizations are required to file IRS Form based on specific criteria determined by the IRS. These criteria identify organization types, such as public charities or private foundations, that must submit the form annually.
-
Qualified Organizations: Most nonprofits must file Form 990 to stay compliant.
-
Exceptions: Certain small organizations with minimal income may be exempt.
Understanding eligibility not only helps in compliance but also in avoiding potential penalties.
Filing Deadlines and Submission Strategies
IRS Form has defined submission deadlines that organizations must adhere to each year. Missing these deadlines can lead to substantial penalties or loss of tax-exempt status.
-
Submission Deadlines: Typically due on the 15th day of the 5th month after the end of the organization's fiscal year.
-
Consequences: Late or missed filings can result in automatic penalties.
-
Submission Methods: Organizations can choose between e-filing or submitting paper forms.
How to Prepare IRS Form Online: A Step-by-Step Guide
Preparing the IRS Form online involves a systematic approach. First, collect all necessary financial documents and details prior to starting the form.
-
Gather Key Information: Compile mission, financial data, and governance details.
-
Follow Instructions: Fill out each section diligently according to guidelines.
-
Review Entries: Ensure all information is accurate before submission.
Thorough validation of the information will help minimize errors during the filing process.
Common Mistakes to Avoid When Filing IRS Form
When filing IRS Form, organizations often encounter various pitfalls. Common mistakes include inaccurate data entries or misunderstanding the requirements of each section.
-
Frequent Errors: Omissions or incorrect figures are typical missteps.
-
Validation Tips: Double-check all information and seek clarification when in doubt.
Taking time to review each detail will enhance the accuracy of the submission.
Using pdfFiller for IRS Form
pdfFiller provides a convenient platform for efficiently completing the IRS Form. With features that allow users to edit, eSign, and securely share documents, pdfFiller ensures a smooth filing experience.
-
Editing Capabilities: Modify text and images directly on the form.
-
eSigning: Sign documents electronically for quick processing.
-
Security Features: Encryption safeguards sensitive information during the filing process.
What Happens After You Submit IRS Form?
Upon submission, organizations receive a confirmation receipt from the IRS, which is a vital record. It is important to know how to track the status of your submission to ensure it is processed correctly.
-
Tracking Options: Use the IRS online tools to monitor your submission status.
-
Next Steps: Be prepared to address any follow-up questions or clarifications from the IRS.
Ensuring Compliance and Record Retention for IRS Form
Compliance extends beyond filing; organizations must follow record retention requirements as stipulated for audit purposes. Keeping thorough documentation is essential for demonstrating adherence to IRS regulations.
-
Retention Requirements: Maintain records for at least three years post-filing.
-
Data Security: Implement privacy protections to secure sensitive information.
How to fill out the Form 990 2013
-
1.Begin by visiting pdfFiller and accessing the IRS Form 990 for 2013. Use the search feature to find the form quickly.
-
2.Once you open the form, familiarize yourself with pdfFiller's interface. Review the toolbar options that allow you to fill, edit, and save documents.
-
3.Before completing the form, gather essential documents such as your organization’s financial statements, mission statement, and program service descriptions.
-
4.Move through the form by clicking on the fields. Fill in each section with accurate data related to your organization’s activities for the year.
-
5.Pay close attention to sections that require detailed financial disclosures. Use the relevant supporting documents to ensure accuracy.
-
6.After entering all information, review the form carefully to confirm that all fields are filled correctly and all data is accurate.
-
7.Once satisfied with the information, finalize the document. Use the review tools to ensure everything is correct before submission.
-
8.Finally, save your completed form securely. You can choose to download it in various formats or submit it directly through pdfFiller if applicable.
What are the eligibility requirements for filing IRS Form 990?
Organizations must be recognized as tax-exempt under IRS regulations and typically earn more than $50,000 annually to file Form 990, though smaller organizations may file Form 990-EZ or Form 990-N.
When is the deadline for submitting Form 990?
Form 990 is generally due on the 15th day of the 5th month after the end of your organization’s fiscal year. For organizations with a calendar year ending December 31, the deadline is May 15.
How can I submit IRS Form 990?
Form 990 can be e-filed through the IRS website or submitted by mail. Ensure to keep copies of all submissions and consider tracking your filing, especially when submitting by post.
What supporting documents do I need for Form 990?
Along with the completed Form 990, organizations should attach financial statements, a list of board members, and any required schedules that relate to specific topics such as compensation or fundraising expenses.
What common mistakes should I avoid on IRS Form 990?
Common mistakes include inaccurate financial reporting, failing to report unrelated business income, incomplete schedules, and missing signatures from required officers.
How long does it take to process Form 990?
Processing times for Form 990 can vary. Generally, e-filed forms are processed quicker, often within a few weeks, while mailed forms may take longer due to postal delays and IRS workload.
What does IRS Form 990 include?
Form 990 includes details about the nonprofit’s mission, programs, financial data, governance, and operational structure. It serves as a vital disclosure for transparency to the public and IRS.
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.