Last updated on Dec 16, 2015
Get the free Form 990 (2013) Tax Exemption Form
We are not affiliated with any brand or entity on this form
Why pdfFiller is the best tool for your documents and forms
End-to-end document management
From editing and signing to collaboration and tracking, pdfFiller has everything you need to get your documents done quickly and efficiently.
Accessible from anywhere
pdfFiller is fully cloud-based. This means you can edit, sign, and share documents from anywhere using your computer, smartphone, or tablet.
Secure and compliant
pdfFiller lets you securely manage documents following global laws like ESIGN, CCPA, and GDPR. It's also HIPAA and SOC 2 compliant.
What is Form 990
The Form 990 (2013) Tax Exemption Form is a business tax return used by tax-exempt organizations in the US to report their financial information to the IRS.
pdfFiller scores top ratings on review platforms
Who needs Form 990?
Explore how professionals across industries use pdfFiller.
Comprehensive Guide to Form 990
What is the Form 990 (2013) Tax Exemption Form?
The Form 990 (2013) is a vital document for tax-exempt organizations in the U.S., serving to report essential financial information to the IRS. It outlines an organization's program service accomplishments, financial data, and compliance with tax regulations. Key components of the form include financial reporting sections and compliance statements crucial for maintaining tax-exempt status.
Nonprofits utilize this form to showcase transparency and accountability, which are fundamental to their operations. Without proper completion of the Form 990, organizations risk losing their tax-exempt status.
Purpose and Benefits of the Form 990 (2013) Tax Exemption Form
Maintaining tax-exempt status is crucial for nonprofit organizations, and the Form 990 plays a key role in this regard. By providing a clear picture of an organization's financial health, it ensures compliance with IRS regulations. Benefits of using this tax compliance form include enhancing organizational transparency and building trust with stakeholders.
Furthermore, the Form 990 helps organizations to demonstrate their operational achievements and fiscal responsibility to potential donors and the community.
Who Needs the Form 990 (2013) Tax Exemption Form?
Organizations that are classified as tax-exempt under IRS regulations are required to file the Form 990. This includes a variety of entities such as charitable organizations, educational institutions, and religious organizations. Each of these entities bears the responsibility of accurately reporting their financial activities and ensuring compliance.
For example, a nonprofit focused on community services must file this form annually to maintain its tax status and provide transparency about its financial health.
Key Features of the Form 990 (2013) Tax Exemption Form
The Form 990 comprises several critical components, including schedules that detail specific financial practices and obligations. Required fields provide insights into an organization's revenue, expenses, and program services, ensuring comprehensive reporting.
-
Schedules addressing compensation for highest-paid employees
-
Sections requiring a breakdown of revenue sources
-
Fields dedicated to financial activities and program accomplishments
-
Compliance statements to confirm adherence to IRS regulations
How to Fill Out the Form 990 (2013) Tax Exemption Form Online (Step-by-Step)
Filling out the Form 990 online can be streamlined with a structured approach. Here’s a step-by-step guide to assist you:
-
Access the online platform for filling out Form 990.
-
Begin with the basic information, including your organization's name and address.
-
Provide details on your organization's mission and major programs.
-
Complete the financial sections, entering revenue, expenses, and net assets.
-
Review all information entered for accuracy before submission.
Common Errors and How to Avoid Them When Filing Form 990
When preparing to file the Form 990, organizations often encounter common pitfalls that can lead to delays or rejections. Some frequent mistakes include incorrect tax identification numbers and incomplete financial disclosures.
-
Double-check tax ID numbers to avoid mismatches.
-
Ensure all financial sections are complete before submission.
-
Review the instructions carefully for each line item.
-
Verify schedules are properly attached as required.
Submission Methods and Deadlines for Form 990 (2013)
Organizations can submit Form 990 either online or via traditional mail. Each method has specific requirements and timelines that must be adhered to. Filing deadlines typically fall on the 15th day of the fifth month after the end of the organization's fiscal year.
Late submissions may incur penalties, emphasizing the need to plan ahead and ensure timely filing.
Post-Submission: What to Expect After Filing Form 990
After submitting the Form 990, organizations can expect a confirmation from the IRS. This confirmation is crucial as it serves as proof of filing. Organizations should also be prepared to address any potential discrepancies that may arise, which could necessitate corrections or amendments to the submitted form.
Monitoring the status of your submission is important to ensure compliance and rectification of any issues.
Using pdfFiller to Simplify Your Form 990 (2013) Experience
pdfFiller enhances the experience of completing the Form 990 by providing robust tools for PDF editing and document management. Users can easily fill out, eSign, and submit their forms while enjoying security features that protect sensitive information.
This platform not only simplifies the filing process but also supports users with a user-friendly interface that saves time and reduces errors.
Final Thoughts on the Form 990 (2013) Tax Exemption Form
Utilizing platforms like pdfFiller can significantly streamline the process of managing tax compliance for organizations. Attention to compliance and transparency is essential for maintaining the trust of supporters and the community in which tax-exempt organizations operate.
How to fill out the Form 990
-
1.Access pdfFiller and log in to your account or create a new one if necessary.
-
2.Search for 'Form 990 (2013)' using the search bar to locate the tax form.
-
3.Click on the form to open it in the pdfFiller editor.
-
4.Gather all necessary financial information, including details on income, expenses, and compliance records.
-
5.Navigate through the fillable areas of the form, using the cursor to click on each field that requires input.
-
6.Input your organization's mission statement, revenue, and program service accomplishments as indicated.
-
7.Utilize the checklist provided in the form to ensure you include all required schedules and attachments.
-
8.For questions with checkbox options, click on 'Yes' or 'No' as applicable, ensuring clarity in your answers.
-
9.Review each section carefully to confirm accuracy in the reported figures and statements.
-
10.Finalize your form by checking all entries and making any necessary corrections.
-
11.Save your completed form using the save option located on the tool bar.
-
12.Download the form to your device or submit it directly through pdfFiller if available.
Who needs to file Form 990?
Form 990 is required to be filed by tax-exempt organizations, including charities and nonprofits, that are required to provide detailed financial information to the IRS on an annual basis.
What is the deadline for submitting Form 990?
The deadline for submitting Form 990 is typically the 15th day of the 5th month after the end of your organization’s fiscal year. It is important to check specific deadlines as they can vary.
What information do I need to complete the form?
To complete Form 990, gather your organization’s financial data including income, expenses, program accomplishments, and compliance details. Ensure you have all supporting documentation ready.
How can I submit Form 990?
Form 990 can be submitted electronically through the IRS e-file system or by mailing a paper version to the appropriate IRS address. Confirm specifics based on your organization's requirements.
What are common mistakes to avoid when filling out Form 990?
Common mistakes include incorrect income reporting, not completing required schedules, failing to sign the form, and missing submission deadlines. Review thoroughly to mitigate these errors.
Are there any processing fees associated with filing Form 990?
There are generally no fees for filing Form 990 itself; however, you may incur costs if you use tax preparation services or if you choose to e-file depending on the software used.
How can I ensure compliance after submitting Form 990?
After submission, keep a copy of the form and any correspondence from the IRS. Regularly review financial activity and maintain accurate records to ensure compliance with tax regulations.
If you believe that this page should be taken down, please follow our DMCA take down process
here
.
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.