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A First Look at Nonprofit Organizations in the Northern Shenandoah Valley of Virginia Sarah Daniel, PhD & Harry F. Byrd, Jr. School of Business Catherine Dunn Hoffman, PhD Center for Leadership in
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Nonprofit organizations that are looking to secure funding or grants.
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A first look nonprofit is a simplified version of Form 990 that certain small nonprofit organizations can file.
Nonprofit organizations with gross receipts of $50,000 or less and total assets of $250,000 or less are required to file a first look nonprofit.
To fill out a first look nonprofit, organizations need to provide basic information about their finances, activities, and governance structure.
The purpose of a first look nonprofit is to provide a simplified reporting option for small nonprofit organizations with limited resources.
On a first look nonprofit, organizations must report their revenue, expenses, assets, liabilities, program activities, and governance structure.
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