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This document is a Form 990 for Harford County 4-H Clubs, Inc. for the tax year 2019. It includes details about the organization\'s revenue, expenses, governance, and compliance with IRS regulations regarding tax-exempt organizations. The organization is categorized under section 501(c)(3) and engages in the operation of a campground for 4-H clubs and other organizations.
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What is form 990?
Form 990 is an annual reporting return that certain tax-exempt organizations in the United States must file with the IRS. It provides transparency regarding the organization's financial information, governance, and programs.
Who is required to file form 990?
Tax-exempt organizations, including charities, nonprofit organizations, and certain other entities, are required to file Form 990 if their annual gross receipts are $200,000 or more or if their total assets are $500,000 or more.
How to fill out form 990?
Filling out Form 990 involves gathering financial data about the organization, including income, expenses, and program activities, and then completing the form based on this information. Detailed instructions are provided by the IRS to assist organizations in accurately filling out the form.
What is the purpose of form 990?
The purpose of Form 990 is to provide the IRS and the public with information about a nonprofit's financial status, operations, and compliance with tax laws, thus promoting transparency and accountability.
What information must be reported on form 990?
Form 990 requires organizations to report information such as revenue, expenditures, balance sheet data, compensation of highest-paid employees, governance structure, and a description of programs and services offered.
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