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Detailed report on the American Civil Liberties Union Fund of Michigan, highlighting its mission to protect civil liberties, financials, governance, and activities in 2022.
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What is form 990?
Form 990 is an annual information return that tax-exempt organizations, non-profits, and charities must file with the IRS to provide transparency about their financial status and operations.
Who is required to file form 990?
Generally, tax-exempt organizations with gross receipts that exceed $200,000 or total assets exceeding $500,000 are required to file Form 990. Smaller organizations may file Form 990-EZ or Form 990-N.
How to fill out form 990?
To fill out Form 990, organizations must gather their financial information, including income, expenses, and assets. The form is divided into several sections that require detailed reporting on various aspects of the organization's operations.
What is the purpose of form 990?
The purpose of Form 990 is to provide the IRS and the public with information about the financial activities of tax-exempt organizations, ensuring transparency and accountability.
What information must be reported on form 990?
Form 990 requires reporting of revenue, expenses, assets, governance practices, and compensation of key employees and contractors.
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