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Form 990-EZ for 2019, detailing financial information of Christians Concerned for the Community, Inc., a 501(c)(3) organization.
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What is 990-ez?
Form 990-EZ is a shorter version of Form 990, which is used by tax-exempt organizations to report their financial information to the IRS. It provides a simplified reporting process for smaller organizations with lower gross receipts.
Who is required to file 990-ez?
Organizations with gross receipts of less than $200,000 and total assets of less than $500,000 at the end of the tax year are generally required to file Form 990-EZ.
How to fill out 990-ez?
To fill out Form 990-EZ, organizations need to provide information such as their revenue, expenses, balance sheet data, and details about their activities. It should be filled out in accordance with the IRS instructions specific to the form.
What is the purpose of 990-ez?
The purpose of Form 990-EZ is to ensure transparency and accountability in the financial activities of tax-exempt organizations, allowing the IRS and the public to assess their operations and compliance with tax-exempt status.
What information must be reported on 990-ez?
Organizations must report their revenue, expenses, changes in net assets, balance sheet information, and the nature of their activities, along with other required disclosures.
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