IRS 990 - Schedule B 2011 free printable template

For Paperwork Reduction Act Notice see the Instructions for Form 990 990-EZ or 990-PF. Cat. No. 30613X Schedule B Form 990 990-EZ or 990-PF 2011 Page 2 Name of organization Part I a No. Contributors see instructions. Schedule B OMB No* 1545-0047 Schedule of Contributors Form 990 990-EZ or 990-PF Department of the Treasury Internal Revenue Service Attach to Form 990 Form 990-EZ or Form 990-PF* Name of the organization Employer identification number Organization type check one Filers of Section ...enter number organization 4947 a 1 nonexempt charitable trust not treated as a private foundation 527 political organization 501 c 3 exempt private foundation 501 c 3 taxable private foundation Check if your organization is covered by the General Rule or a Special Rule. Note. Only a section 501 c 7 8 or 10 organization can check boxes for both the General Rule and a Special Rule. See instructions. General Rule For an organization filing Form 990 990-EZ or 990-PF that received during the year 5...000 or more in money or property from any one contributor. Complete Parts I and II. Special Rules For a section 501 c 3 organization filing Form 990 or 990-EZ that met the 331/3 support test of the regulations under sections 509 a 1 and 170 b 1 A vi and received from any one contributor during the year a contribution of the greater of 1 5 000 or 2 2 of the amount on i Form 990 Part VIII line 1h or ii Form 990-EZ line 1. Complete Parts I and II. during the year total contributions of more than 1...000 for use exclusively for religious charitable scientific literary or educational purposes or the prevention of cruelty to children or animals. Complete Parts I II and III. not total to more than 1 000. If this box is checked enter here the total contributions that were received during the year for an exclusively religious charitable etc* purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious charitable etc*...contributions of 5 000 or more during the year. Caution* An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B Form 990 990-EZ or 990-PF but it must answer No on Part IV line 2 of its Form 990 or check the box on line H of its Form 990-EZ or on Part I line 2 of its Form 990-PF to certify that it does not meet the filing requirements of Schedule B Form 990 990-EZ or 990-PF. Use duplicate copies of Part I if additional space is needed* b Name...address and ZIP 4 c Total contributions d Type of contribution Person Payroll Noncash a noncash contribution* Page 3 from Noncash Property see instructions. Use duplicate copies of Part II if additional space is needed* FMV or estimate Description of noncash property given Date received Page 4 Exclusively religious charitable etc* individual contributions to section 501 c 7 8 or 10 organizations that total more than 1 000 for the year. Complete columns a through e and the following line entry....contributions of 1 000 or less for the year.

Instructions and Help about IRS 990 - Schedule B

How to edit IRS 990 - Schedule B

How to fill out IRS 990 - Schedule B

Instructions and Help about IRS 990 - Schedule B

How to edit IRS 990 - Schedule B

To edit IRS 990 - Schedule B, utilize tools like pdfFiller that allow users to upload the form, make necessary changes, and save the updated document. Ensure all edits conform to IRS guidelines. Correct errors before final submission to prevent filing delays or penalties.

How to fill out IRS 990 - Schedule B

To fill out IRS 990 - Schedule B, begin by gathering all necessary information about your organization's contributors. Follow these steps:

1. Identify the reporting organization's legal name and Employer Identification Number (EIN).
2. Complete the contributor details, indicating whether the contributions are from individuals, organizations, or private foundations.
3. Provide the amounts contributed and the purpose of the contributions.
4. Review the information for accuracy and completeness.

Double-check the fields before submitting to avoid submitting incorrect information, which may lead to penalties.

About IRS 990 - Schedule B 2011 previous version

What is IRS 990 - Schedule B?

What is the purpose of this form?

Who needs the form?

When am I exempt from filling out this form?

Components of the form

What are the penalties for not issuing the form?

What information do you need when you file the form?

Is the form accompanied by other forms?

Where do I send the form?

About IRS 990 - Schedule B 2011 previous version

What is IRS 990 - Schedule B?

IRS 990 - Schedule B is a tax form mandated by the Internal Revenue Service for certain tax-exempt organizations to report contributions. This form provides transparency regarding the source of donations, reinforcing accountability.

What is the purpose of this form?

The primary purpose of IRS 990 - Schedule B is to disclose the identities of significant contributors to tax-exempt organizations. This helps the IRS ensure compliance and assess whether donations are used appropriately according to tax laws.

Who needs the form?

Organizations required to file IRS Form 990 or Form 990-EZ must also complete IRS 990 - Schedule B if they received contributions of $100,000 or more during the tax year. This applies to charitable organizations, private foundations, and other entities classified as tax-exempt.

When am I exempt from filling out this form?

You may be exempt from filing IRS 990 - Schedule B if your organization is classified as a small organization with gross receipts under $200,000, or if contributions received do not exceed $100,000. Additionally, certain religious organizations are exempt from this requirement.

Components of the form

IRS 990 - Schedule B consists of several key components, including:

1. Organization details, including name and EIN.
2. Contribution information detailing amounts and donor identities.
3. Signature line for an authorized representative confirming the accuracy of the information.

Each component must be filled accurately to ensure proper reporting to the IRS.

What are the penalties for not issuing the form?

Failing to issue IRS 990 - Schedule B may result in penalties for the organization, including fines or loss of tax-exempt status. Organizations may face a penalty of $20 per day for late filing, up to a maximum of $10,000 or 5% of the organization's gross receipts for the year.

What information do you need when you file the form?

When filing IRS 990 - Schedule B, you need the following information:

1. Organization's legal name and EIN.
2. Detailed information about each contributor, including names, addresses, and the amounts of contributions.
3. Information about the purpose of the contributions.

Prepare all documents ahead of time to ensure accurate and efficient filing.

Is the form accompanied by other forms?

IRS 990 - Schedule B is typically filed with IRS Form 990 or Form 990-EZ. Ensure that all related forms are submitted simultaneously to meet IRS requirements effectively.

Where do I send the form?

Complete IRS 990 - Schedule B and submit it to the IRS at the address specified in the form's instructions based on your organization's location and type. Ensure that the form is sent well before the due date to avoid late penalties.

FAQ about IRS 990 - Schedule B

What should I do if I realize I've made a mistake on my 2011 form 990 ez after submission?

If you discover an error in your 2011 form 990 ez after filing, you can submit an amended return to correct the mistake. It's important to clearly indicate on the form that it is an amended submission, and ensure that you include the correct information in place of the erroneous data. Keep in mind that the IRS recommends filing this amended return as soon as you realize the mistake to avoid potential issues.

How can I track the status of my filed 2011 form 990 ez?

To track the status of your filed 2011 form 990 ez, you can utilize the IRS's online tools or contact the relevant IRS office directly. If you e-filed, you might receive an acknowledgement of receipt via email, but for paper filings, tracking can be more challenging. Be aware of common rejection codes if you filed electronically, as these can help you understand any potential issues with your submission.

What should I know about using electronic signatures for the 2011 form 990 ez?

When filing the 2011 form 990 ez electronically, electronic signatures are generally accepted by the IRS, which can simplify the process. However, ensure you comply with the specific e-signature guidelines from the IRS to guarantee your submission is valid. Always retain copies of signed documents to maintain a record of the submission.

Are there specific common errors that I should be aware of when filing the 2011 form 990 ez?

Yes, many common errors can occur when filing the 2011 form 990 ez. These include incorrect financial data entries, failure to complete all required fields, or submitting with mismatched tax identification numbers. To avoid these issues, double-check all information before filing and consider a review by a tax professional to ensure accuracy.

What should I do if I receive an audit notice related to my 2011 form 990 ez?

If you receive an audit notice concerning your 2011 form 990 ez, it's crucial to read the notice carefully and gather all necessary documentation related to that filing. Respond promptly and be prepared to provide any requested information. Consulting with a tax advisor can also help you navigate the audit process more effectively.