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Form 990EZ for 2023 provides key financial information about HERBALISTS WITHOUT BORDERS INC, detailing its income, expenses, and tax-exempt status.
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Form 990-EZ is a short version of the IRS Form 990, which is used by tax-exempt organizations to provide the IRS with information about their financial activities, governance, and compliance with tax regulations.
Organizations with gross receipts of less than $200,000 and total assets of less than $500,000 at the end of the year are required to file Form 990-EZ.
Form 990-EZ is filled out by providing financial data, including revenue, expenses, and net assets, along with governance details. The organization must follow the instructions provided by the IRS for accurate completion.
The purpose of Form 990-EZ is to provide transparency regarding the financial health and operations of tax-exempt organizations to the IRS and the public.
Information to report includes gross receipts, total expenses, net assets, program service accomplishments, and governance structure, among other details.
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