Get the free FY 2012 Form 990 - KGNU - kgnu
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2012 TAX RETURN CLIENT COPY Client: DURLM-X2 Prepared for: BOULDER COMMUNITY BROADCAST ASSOC, INC. C/O DAVID WILSON 4700 WALNUT ST. BOULDER, CO 80301 303-449-4885 Prepared by: ARRON APPEAL, CPA ARRON
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How to fill out fy 2012 form 990
01
To fill out the FY 2012 Form 990, you will need to gather all necessary financial information for your organization. This includes details about income, expenses, assets, and liabilities.
02
Start by providing basic information about your organization, such as its name, address, and employer identification number (EIN). Make sure to accurately report any changes in address or contact information.
03
Next, you will need to provide a brief description of your organization's mission and activities. This helps the IRS understand the purpose and scope of your nonprofit.
04
The form will ask for details about your organization's revenue and expenses. You will need to report income from different sources, such as donations, grants, fundraising events, and program service fees. Be sure to accurately categorize your income.
05
In terms of expenses, you will need to report various categories such as salaries and wages, occupancy costs, supplies, and program-related expenses. Make sure to provide detailed information about significant expenses, including any payments or benefits provided to key employees or board members.
06
The form will also ask for information about your organization's assets and liabilities. This includes details about any investments, properties, loans, or debts. Accurate reporting of these financial details is crucial for transparency and accountability.
07
Additionally, you will be asked to provide information about your organization's governance and compliance practices. This includes details about your board of directors, conflicts of interest policies, and any related-party transactions.
08
Finally, there are various schedules and attachments that may be required depending on the nature of your organization's activities. These may include supplementary forms to report specific types of income or programs.
In summary, anyone who is responsible for managing and overseeing the financial operations of a nonprofit organization might need to fill out the FY 2012 Form 990. This includes executive directors, financial officers, board members, or any designated personnel tasked with ensuring compliance with IRS regulations.
Filing the Form 990 is a legal requirement for tax-exempt organizations, and it is important for maintaining transparency and accountability in the nonprofit sector. It provides the IRS and the public with financial information about the organization's operations, governance, and compliance with tax laws. Additionally, it helps potential donors and stakeholders assess the organization's financial health and effectiveness in achieving its mission.
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What is fy form 990?
Form 990 is a form that certain federally tax-exempt organizations must file with the IRS.
Who is required to file fy form 990?
Nonprofit organizations, charities, and other tax-exempt organizations are required to file Form 990.
How to fill out fy form 990?
Form 990 can be filled out electronically or on paper. Organizations must provide information about their finances, activities, and governance.
What is the purpose of fy form 990?
The purpose of Form 990 is to provide the public with financial information about tax-exempt organizations, promote transparency, and ensure compliance with tax laws.
What information must be reported on fy form 990?
Information about an organization's finances, activities, governance, and key employees must be reported on Form 990.
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