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This document summarizes the financials of the Kentucky Pharmacists Association for 2023, including revenue, expenses, and program accomplishments.
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What is form 990?
Form 990 is a document that tax-exempt organizations in the United States must file annually with the IRS to provide details about their financial information, governance, and activities.
Who is required to file form 990?
Tax-exempt organizations, including charities, nonprofits, and certain trusts that have gross receipts over a specific threshold, are required to file Form 990.
How to fill out form 990?
Form 990 must be filled out by providing accurate financial data, including income, expenses, assets, and liabilities, as well as information about the organization's governance, programs, and compliance with federal tax regulations.
What is the purpose of form 990?
The purpose of Form 990 is to promote transparency and accountability among tax-exempt organizations, allowing the IRS and the public to access information about the organization's operations and finances.
What information must be reported on form 990?
Form 990 requires reporting of various information including revenue, expenses, program services, compensation of officers and directors, and a summary of the organization's mission and activities.
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