Get the free Form 990

This document outlines the financial activities, governance, and program service accomplishments of the Grand Rapids Community College Foundation for the year 2023. It details revenue sources, expenditures, accomplishments in scholarship and grants provision, and compliance with IRS regulations as a public charity.

How to fill out form 990

How to fill out form 990

1. Gather financial information for the organization, including income, expenses, and assets.
2. Review the form to understand all sections required for completion.
3. Start by filling out the organization's basic information, such as name, address, and EIN.
4. Complete the financial statements, including Revenue and Expenses, Balance Sheet, and Statement of Functional Expenses.
5. Provide details on governance, including the board of directors and management structure.
6. Disclose any related party transactions or conflicts of interest.
7. Report on the organization's tax-exempt status and activities.
8. Ensure all information is accurate and complete before submission.
9. File the form electronically through the IRS e-file system or mail a paper copy to the appropriate IRS address.

Who needs form 990?

1. Nonprofit organizations with gross receipts of $200,000 or more or total assets of $500,000 or more at the end of the tax year.
2. Smaller nonprofit organizations that do not fall under the above thresholds may need to file a simpler version of Form 990, known as Form 990-EZ or Form 990-N (e-Postcard).
3. Charitable organizations required to disclose financial activities to maintain their tax-exempt status.

For pdfFiller’s FAQs

How can I send form 990 to be eSigned by others?

form 990 is ready when you're ready to send it out. With pdfFiller, you can send it out securely and get signatures in just a few clicks. PDFs can be sent to you by email, text message, fax, USPS mail, or notarized on your account. You can do this right from your account. Become a member right now and try it out for yourself!

How do I execute form 990 online?

Filling out and eSigning form 990 is now simple. The solution allows you to change and reorganize PDF text, add fillable fields, and eSign the document. Start a free trial of pdfFiller, the best document editing solution.

How do I edit form 990 on an iOS device?

Create, modify, and share form 990 using the pdfFiller iOS app. Easy to install from the Apple Store. You may sign up for a free trial and then purchase a membership.

What is form 990?

Form 990 is an annual reporting return that tax-exempt organizations, non-profits, and charitable organizations must file with the IRS. It provides information on the organization's mission, programs, and finances.

Who is required to file form 990?

Most tax-exempt organizations, including charities, private foundations, and non-profits, are required to file Form 990. Smaller organizations may file Form 990-N (e-Postcard) instead.

How to fill out form 990?

To fill out Form 990, organizations must follow the instructions provided by the IRS, gather financial data, provide details about the organization's purpose and programming, and ensure accuracy before submission.

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 health and operations of tax-exempt organizations, ensuring transparency and accountability.

What information must be reported on form 990?

Form 990 requires reporting on various financial aspects, including revenue, expenses, assets, liabilities, compensation of highest-paid employees, and a description of the organization's mission and activities.