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Detailed financial report for The Humane Society of the United States for 2023, outlining revenue, expenses, and organizational structure focusing on animal welfare.
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What is form 990?
Form 990 is an annual reporting document that tax-exempt organizations must file with the Internal Revenue Service (IRS) to provide information about their activities, governance, and financials.
Who is required to file form 990?
Nonprofit organizations with gross receipts over $200,000 or total assets over $500,000 are required to file Form 990. Smaller organizations may file Form 990-EZ or Form 990-N depending on their financial situation.
How to fill out form 990?
To fill out Form 990, organizations need to gather financial statements, governance documents, and operational information. They should complete sections regarding mission, programs, and financial data, ensuring accuracy and compliance with IRS guidelines.
What is the purpose of form 990?
The purpose of Form 990 is to promote transparency and accountability among tax-exempt organizations by providing the IRS and the public with information about the charity's financial health, governance, and activities.
What information must be reported on form 990?
Form 990 requires organizations to report their revenue, expenses, balance sheet items, details about governance, compensation of highest-paid employees, and information about significant programs and activities.
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