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This document is the IRS Form 990 for the Ackerman Institute for the Family, detailing the organization\'s financial activities, governance, and compliance information for the year 2021. It highlights the institute\'s operations in family therapy, training for therapists, and research initiatives focused on family relationship problems, ensuring transparency and accountability for stakeholders.
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What is form 990?
Form 990 is an annual information return that certain tax-exempt organizations must file with the IRS to provide details about their financial activities, governance, and programs.
Who is required to file form 990?
Tax-exempt organizations with gross receipts over $200,000 or total assets over $500,000 must file Form 990. Smaller organizations may file Form 990-EZ or Form 990-N (e-Postcard).
How to fill out form 990?
To fill out Form 990, organizations should gather financial records, prepare their balance sheet and income statements, and adhere to the specific instructions provided in the form, ensuring accuracy and completeness of the information.
What is the purpose of form 990?
The purpose of Form 990 is to ensure transparency and accountability for tax-exempt organizations, enabling the IRS and the public to review their financial health and operational activities.
What information must be reported on form 990?
Form 990 requires organizations to report financial statements, revenue, expenses, net assets, compensation of highest-paid employees, and detailed information about programs and governance.
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