IRC section 527 (political) organizations required to file an annual exempt organization return must file either Form 990 or 990-EZ.Private foundations must file Form 990-PF. Tax-exempt organizations with annual gross receipts that are normally greater than $50,000, i.e., not fitting any of the above three scenarios, must file Form 990 or 990-EZ.(This is useful information for current or potential donors researching the organization.)Ĭertain exempt organizations cannot file Form 990-N: If the organization has a website, this can be optionally indicated.If the organization has terminated, this must be indicated.Indication that the organization meets the gross receipts test.A fiscal year is 12 months ending in any month other than December.) Calendar year is the default when a return is started. (A calendar year is 12 months from January 1 to December 31. The accounting year, whether on a calendar year or fiscal year.The name and address of a principal officer.(Do not enter the state-assigned tax exemption number, if it has one, exempting the organization from state sales and use taxes.) The organization's 9-digit federal Employer Identification Number (EIN).Any other name under which the organization operates, i.e., its "doing business as" name.If the organization's legal name has changed since its last annual filing but is filing Form 990-N, it must notify the IRS and have received from the IRS an affirmation letter prior to filing Form 990-N.) (Note: A charitable organization generally reports a name change on its next annual return, whether Form 990 or 990-EZ. For an organization that is at least 3 years old, if it has averaged $50,000 or less in gross receipts for the immediately preceding 3 tax years (including the year for which calculations are being made).Īn organization required to file either Form 990 or 990-PF but files a Form 990-N instead risks automatic revocation of its nonprofit status.Ĭompleting Form 990-N requires entering either seven or eight bits of information only:.For an organization that has been in existence between 1 and 3 years, if it has averaged $60,000 or less in gross receipts during each of its first two tax years.
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