Get the free Form 990

This document contains the annual tax return for an exempt organization, detailing its financial activities, governance, and compliance with IRS regulations for the tax year ending December 31, 2012.

How to fill out form 990

How to fill out Form 990

1. Gather necessary financial records, including balance sheets and income statements.
2. Complete the basic information section, including the organization's name, EIN, and address.
3. Fill out the revenue and expenses sections, detailing all sources of income and expenditures.
4. Provide information on the organization's programs and any related accomplishments.
5. List the organization's board of directors and key staff members.
6. Include any relevant attachments, such as audits or additional schedules.
7. Review the form for accuracy and compliance with IRS guidelines.
8. Sign the form and file it electronically or by mail by the due date.

Who needs Form 990?

1. Nonprofit organizations that have gross receipts over $200,000 or total assets over $500,000.
2. Organizations that are tax-exempt under Section 501(c)(3) of the Internal Revenue Code.
3. Most tax-exempt organizations are required to file Form 990 annually with the IRS.

People Also Ask about

Who needs to file IRS Form 990?

Form 990, Return of Organization Exempt From Income Tax An organization must file Form 990, if it is: An organization with either: ► gross receipts of $200,000 or more, or ► total assets of $500,000 or more. A sponsoring organization of one or more donor-advised funds.

What kind of company uses a 990 tax form?

The IRS requires that a nonprofit organization file some version of the 990 if its gross receipts are over $50,000. If gross receipts are $50,000 or below, only IRS Form 990-N (e-Postcard) need be filed. The California Attorney General has different filing requirements for charities.

How much does Form 990 cost?

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).

Is a 990 the same as an audit?

IRS Form 990 data can be obtained from many sources, including the IRS. In addition, there are portions of the IRS Form 990, such as a roster of the board, leadership compensation, and governance information, one would not find in an audited financial statement.

What is a Form 990 used for?

Form 990-N (e-Postcard) is an annual notice. Form 990 is the IRS' primary tool for gathering information about tax-exempt organizations, educating organizations about tax law requirements and promoting compliance. Organizations also use the Form 990 to share information with the public about their programs.

What does a 990 form tell you?

Form 990-N (e-Postcard) is an annual notice. Form 990 is the IRS' primary tool for gathering information about tax-exempt organizations, educating organizations about tax law requirements and promoting compliance. Organizations also use the Form 990 to share information with the public about their programs.

Who is required to fill out Form 990?

Nonprofits with annual revenue of $500,000 or more must file the Form 990.

How to obtain a 990 form?

The 990 is a public document that you can search for on the websites for the Secretary of State or the Attorney General where the organization is incorporated. In addition, 990s are available from a variety of open source and subscription sources. You may also request them from an organization or from the IRS.

For pdfFiller’s FAQs

What is Form 990?

Form 990 is an annual information return that tax-exempt organizations, non-profits, and certain other tax-exempt entities in the United States are required to file with the Internal Revenue Service (IRS). It provides transparency about the organization's financials, governance, and activities.

Who is required to file Form 990?

Generally, organizations that are exempt from federal income tax under section 501(c) of the Internal Revenue Code are required to file Form 990, unless specifically exempted. This includes charitable organizations, foundations, and other non-profits with gross receipts above a certain threshold.

How to fill out Form 990?

To fill out Form 990, organizations need to gather financial information, including revenue, expenses, and asset details. They must complete the form according to IRS guidelines, providing necessary disclosures about governance, programs, and compensation of key personnel. It's recommended to consult tax professionals or use tax software to ensure accuracy.

What is the purpose of Form 990?

The purpose of Form 990 is to promote transparency and accountability among non-profit organizations. It helps the IRS and the public understand how these organizations operate, their financial health, and how they use their resources.

What information must be reported on Form 990?

Form 990 requires reporting on a variety of information, including the organization's mission, programs, financial statements (revenues and expenses), names of board members and key staff, compensation of top employees, and any significant changes in the organization’s operations.