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COMMUNITY FOUNDATION OF NORTHWEST Statement of Program Service Accomplishments 94-3421724 Form 990 (2012) Part III 1-Page 2 Check if Schedule O contains a response to any question in this Part III.
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How to fill out 990 forms - community:
01
Gather all necessary financial information: Before filling out the 990 forms, gather all relevant financial documents such as income and expense statements, balance sheets, and receipts. This will ensure that you have accurate information to report.
02
Understand the form sections: Familiarize yourself with the different sections of the 990 form. These sections include information about the organization's mission, program activities, governance, finances, and more. Understanding each section will help you provide the required information accurately.
03
Start with basic organizational details: Begin by providing basic information about your community organization, such as its name, address, and contact details. Make sure to double-check the accuracy of these details.
04
Report program activities: Describe the programs and activities your community organization has been engaged in during the reporting period. Provide brief summaries, emphasizing the impact and outcomes achieved through these initiatives.
05
Provide governance information: Detail the structure and governance of your community organization. Include the names and positions of key individuals such as board members, officers, and key employees. Describe any conflicts of interest policies or whistleblower procedures in place.
06
Report financial information: Disclose your community organization's financial information such as revenue, expenses, assets, liabilities, and investments. Provide accurate details of any grants, contributions, or funding received during the reporting period.
07
Attach required schedules: Depending on the complexity of your organization's financial activities, you might need to attach additional schedules to the 990 form. These schedules provide detailed information on specific areas such as fundraising, compensation, or foreign activities. Ensure that you complete and attach the necessary schedules accurately.
08
Review and sign the form: Before submitting the 990 form, carefully review all the information provided. Check for any errors, inconsistencies, or missing information. Once you are satisfied with the accuracy and completeness, sign and date the form.
Who needs 990 forms - community?
Community organizations that are recognized as tax-exempt by the Internal Revenue Service (IRS) under section 501(c)(3) of the tax code are required to file the 990 form annually. This includes nonprofit organizations, associations, foundations, and other community-based entities that qualify for tax-exempt status. Filing the 990 form helps these organizations maintain their tax-exempt status and provides transparency regarding their finances and activities to the public and potential donors.
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What is 990 forms - community?
990 forms - community are forms that certain tax-exempt organizations are required to file with the IRS to provide financial information about their operations.
Who is required to file 990 forms - community?
Nonprofit organizations, charities, and other tax-exempt organizations are required to file 990 forms - community.
How to fill out 990 forms - community?
990 forms - community can be filled out online on the IRS website or through tax preparation software.
What is the purpose of 990 forms - community?
The purpose of 990 forms - community is to provide transparency and accountability about the finances of tax-exempt organizations.
What information must be reported on 990 forms - community?
Information such as revenue, expenses, executive compensation, and program activities must be reported on 990 forms - community.
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