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05259 03/19/2013 9:25 AM Form 990-EZ Department of the Treasury Internal Revenue Service A Short Form Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the

How to fill out form 990-ez page 1

How to fill out form 990-ez page 1:

1. Provide the necessary identifying information at the top of the form, including the name of your organization, its address, Employer Identification Number (EIN), and the tax year of the form. Make sure to enter the correct information to avoid any errors or delays in processing.
2. On line 1, indicate the organization's gross receipts or sales for the tax year. This includes all the income received by the organization during the year, such as donations, program service revenues, and investment income.
3. If the organization has any contributions considered noncash, such as property or goods, report the total value of those contributions on line 2. This information helps assess the organization's noncash donation activity.
4. Line 3 is for reporting the total expenses incurred by the organization during the tax year. Include all expenses, such as salaries, rent, utilities, program costs, fundraising expenses, and any other expenditures related to the organization's operations.
5. Calculate the difference between the gross receipts/sales (line 1) and the total expenses (line 3) and report it on line 4. If the result is negative, enter zero on this line.
6. On line 5, provide information on whether any of the organization's activities were conducted outside the United States or if they have changed during the tax year. If there were foreign activities, additional schedules may need to be attached to the form.
7. If the organization had any changes in its governing documents or its name during the tax year, report those on line 6. This helps update the IRS about any modifications that may affect the organization's status.
8. Line 7 is used to indicate the organization's primary exempt purpose. This is typically the reason the organization was granted tax-exempt status. Choose the appropriate code that best represents the organization's mission.
9. Finally, make sure to sign and date the form at the bottom of page 1. The person signing should be authorized to do so and should include their title and the date of signature.

Who needs form 990-ez page 1?

1. Nonprofit organizations that have gross receipts/sales less than $200,000 and total assets less than $500,000 at the end of the tax year may file form 990-EZ instead of the full Form 990. These organizations are required to complete page 1 of the form.
2. Small exempt organizations, regardless of their gross receipts or total assets, may choose to file Form 990-EZ. However, larger organizations with gross receipts exceeding $200,000 or total assets exceeding $500,000 must file the full Form 990.
3. Form 990-EZ page 1 is specifically designed for tax-exempt organizations that meet the criteria mentioned above and need to report basic financial information, as well as certain organizational and operational details. It provides a simplified reporting option compared to the more comprehensive Form 990.

Note: It is important to consult the official instructions provided by the IRS when filling out any tax form to ensure accuracy and compliance with current regulations.

For pdfFiller’s FAQs

What is form 990-ez page 1?

Form 990-EZ Page 1 is the first page of the Form 990-EZ, which is a short form version of the annual informational return that certain tax-exempt organizations must file with the IRS.

Who is required to file form 990-ez page 1?

Certain tax-exempt organizations with gross receipts less than $200,000 and total assets less than $500,000 at the end of the tax year are required to file Form 990-EZ.

How to fill out form 990-ez page 1?

Form 990-EZ Page 1 requires basic information about the organization, such as its name, address, EIN, tax year, fiscal year, and a brief description of its mission or activities.

What is the purpose of form 990-ez page 1?

The purpose of Form 990-EZ Page 1 is to provide the IRS with essential information about the tax-exempt organization, including its financial activities, governance, and compliance with tax laws.

What information must be reported on form 990-ez page 1?

Information reported on Form 990-EZ Page 1 includes the organization's name, EIN, address, description of its mission, tax year, fiscal year, and whether it operates on a calendar or fiscal year.

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