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GRA2930C001 08/11/2022 2:23 PMForm990Return of Organization Exempt From Income Tax OMB No. 154500472020Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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The form 990 return is a document filed by tax-exempt organizations to provide information regarding their financial activities and ensure compliance with IRS regulations.
Non-profit organizations that are recognized as tax-exempt under section 501(c)(3) of the Internal Revenue Code are required to file form 990 return.
The form can be filled out electronically using tax preparation software or manually by following the instructions provided by the IRS on their website.
The purpose of the form is to provide transparency and accountability for tax-exempt organizations, as well as to ensure that they are not abusing their tax-exempt status for personal gain.
The form requires organizations to report their revenue, expenses, assets, liabilities, and activities for the tax year.
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