Last updated on Apr 18, 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 federal tax document used by tax-exempt organizations in the U.S. to report their financial information and activities to the Internal Revenue Service.
pdfFiller scores top ratings on review platforms
Who needs Form 990?
Explore how professionals across industries use pdfFiller.
Comprehensive Guide to Form 990
Understanding IRS Form 990 for the Year 2013
The IRS Form 990 serves a vital role in tax reporting for tax-exempt organizations in the United States. It provides a comprehensive overview of an organization's financial activities, helping ensure transparency and accountability. Each section of Form 990 offers specific data points that organizations must disclose, ranging from financial statements to governance structures.
Key sections included in Form 990 are the mission statement, financial information, and program accomplishments. Understanding each part of this form is crucial for compliance and maintaining an organization’s tax-exempt status. Properly completed, this document can reflect the health and integrity of nonprofit entities.
The Purpose and Benefits of Filling Out IRS Form 990
Nonprofits and tax-exempt organizations must fill out IRS Form 990 to comply with federal tax regulations. Filing this document is essential for demonstrating financial transparency to stakeholders, regulatory bodies, and the general public. By providing detailed financial reporting, organizations can build trust with donors and constituents.
The benefits of transparency extend beyond compliance, as maintaining tax-exempt status relies on accurate and timely completion of Form 990. This filing can also facilitate funding opportunities, as potential donors often evaluate the financial health and transparency of nonprofits before contributing.
Who Needs to Complete IRS Form 990 for 2013?
Various types of organizations are required to file IRS Form 990, primarily including charitable foundations, educational institutions, and other tax-exempt entities. Eligibility is generally based on annual gross receipts and the organization's overall activities.
-
Organizations with gross receipts over $200,000
-
Organizations with total assets exceeding $500,000
-
Charities that receive public support
Understanding the specific criteria for filing can help organizations avoid penalties and maintain compliance with IRS mandates.
Key Features of IRS Form
IRS Form 990 is characterized by several key features. It consists of multiple sections, each requiring distinct information that contributes to the full disclosure of the organization's financial status. Some of the crucial sections include the Statement of Revenue and the Statement of Functional Expenses.
-
Officer and preparer signatures are mandatory
-
Fields for reporting compensation and revenue sources
-
Sections dedicated to governance and transparency
Understanding these features is essential to accurately complete the form and avoid unnecessary complications.
Step-by-Step Guide to Completing IRS Form 990 Online
Completing IRS Form 990 online can streamline the filing process. Begin by gathering necessary documents, including financial statements and governance information. Follow these steps for a successful submission:
-
Access a cloud-based platform such as pdfFiller to fill out the form.
-
Enter data in each required field, ensuring accuracy.
-
Review your entries for validation and completeness.
-
Obtain required signatures from an officer and a preparer.
-
Submit the form electronically via the platform.
Detailed field-by-field instructions can greatly enhance accuracy in providing information.
Common Mistakes When Filing IRS Form 990 and How to Avoid Them
Filing inaccuracies can lead to penalties and loss of tax-exempt status. Common errors include misreporting financial data, missing signatures, and incorrect categorization of expenses. To ensure a smooth filing process, organizations should adhere to a thorough review process.
-
Cross-check all reported financial figures for accuracy.
-
Verify that all sections, especially required signatures, are complete.
-
Consult IRS guidelines for specific requirements.
Utilizing a review and validation checklist can help in mitigating these risks before submission.
Submission Methods for IRS Form
Submitting IRS Form 990 requires attention to detail, especially regarding deadlines and methods. Organizations can choose to submit the form electronically or by mail, depending on their preferences and capabilities.
-
Electronic submission is recommended for quicker processing.
-
Mail submission requires adequate time for delivery before deadlines.
-
Confirmation of submission can be obtained through the filing platform.
After submission, it is essential to understand the steps that follow, including tracking the processing status of the form.
Security and Compliance When Filing IRS Form 990
Data protection is paramount when handling IRS Form 990, especially considering the sensitivity of financial information. Organizations must ensure compliance with regulatory standards to avoid data breaches.
-
Use platforms with strong security protocols, such as 256-bit encryption.
-
Achieve compliance with data protection standards such as HIPAA and GDPR.
-
Implement best practices for handling sensitive documents.
Utilizing services like pdfFiller can enhance security measures, allowing for safer document submission.
Sample Completed IRS Form for Reference
A valuable resource for organizations is a sample completed IRS Form 990. This reference guide can clarify various sections of the form, illustrating how to fill out the required information correctly.
When reviewing the sample, pay attention to details such as the mission statement, financial summary, and governance disclosures. These elements are crucial for crafting an effective submission.
Experience SeamLESS Form Filling with pdfFiller
pdfFiller offers a convenient platform for users to complete IRS Form 990 efficiently. With features like eSigning and cloud access, organizations can enhance their filing experience significantly.
Utilizing pdfFiller allows ease of use in document management while ensuring compliance with IRS filings. This pragmatic approach aligns with best practices in nonprofit financial reporting.
How to fill out the Form 990
-
1.Access pdfFiller and log in to your account.
-
2.Use the search bar to find 'IRS Form 990 2013' and select it from the results.
-
3.Once the form opens, familiarize yourself with the layout and available fields.
-
4.Gather necessary financial information, including income, expense, and asset data for the year 2013.
-
5.Begin filling out the form by entering organizational details in the appropriate sections.
-
6.Utilize pdfFiller's tools to add or edit text easily, ensuring all fields are accurately completed.
-
7.Confirm that all numeric information is correct to avoid mistakes that could delay processing.
-
8.Review the completed form to ensure that all sections are filled in and accurately reflect the organization's financial status.
-
9.Once satisfied with the form's contents, save your work to avoid losing any data before final submission.
-
10.Choose the option to download the form as a PDF or submit it electronically through pdfFiller.
Who is required to file IRS Form 990?
Tax-exempt organizations with gross receipts over $200,000, or assets greater than $500,000 are required to file IRS Form 990 to disclose their financial information and maintain tax status.
What is the deadline for submitting IRS Form 990?
The typical deadline for IRS Form 990 submission is the 15th day of the 5th month after the end of the organization's fiscal year. Extensions are available if necessary.
How can I submit IRS Form 990?
You can submit IRS Form 990 either electronically using IRS e-file services or by mailing a paper copy to the appropriate IRS address, depending on your organization's guidelines.
What supporting documents are required with IRS Form 990?
Supporting documents may include financial statements, IRS exemption letters, and any amendments or schedules that provide additional information about the organization’s activities.
What are common mistakes to avoid when filing Form 990?
Common mistakes include entering incorrect financial data, omitting signatures, failing to include all necessary schedules, and submitting the form late. Always double-check your entries before submission.
What is the processing time for IRS Form 990?
Processing times can vary, but it generally takes the IRS several weeks to review and process Form 990 submissions, depending on their current workload and submission volume.
Are there fees associated with filing Form 990?
There are typically no fees to file IRS Form 990 unless you choose to use third-party services for preparation and electronic filing. Always check with your service provider for any applicable charges.
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.