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Form 990 for 2019 outlines financial details and mission of the Capital Area Immigrants\' Rights Coalition, focusing on legal services for immigrants.
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What is form 990?
Form 990 is an annual informational return that tax-exempt organizations in the United States must file with the IRS. It provides information on the organization's activities, governance, and finances.
Who is required to file form 990?
Most tax-exempt organizations with gross receipts over $200,000 or total assets over $500,000 must file Form 990. Smaller organizations may be eligible to file Form 990-EZ or Form 990-N instead.
How to fill out form 990?
To fill out Form 990, organizations must gather financial records, including income statements and balance sheets, and complete the form, providing necessary information about revenue, expenses, and governance. It can be filed electronically or on paper.
What is the purpose of form 990?
The purpose of Form 990 is to provide the IRS and the public with a clear picture of a tax-exempt organization's financial health, governance, and activities to ensure transparency and accountability.
What information must be reported on form 990?
Form 990 requires organizations to report information about their mission, programs, revenue, expenses, compensation for key employees, and a breakdown of functional expenditures.
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