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IRS 990 FIling

Have you filed your IRS 990?

IRS Form 990 is an informational tax form that most tax-exempt organizations must file annually. In a nutshell, the form gives the IRS an overview of the organization’s activities, governance and detailed financial information.

Form 990 also includes a section for the organization to outline its accomplishments in the previous year to justify maintaining its tax-exempt status. In collecting this information, the IRS wants to ensure that organizations continue to qualify for tax exemption after the status is granted.

Your IRS 990 Questions Answered

If you are a tax-exempt organization, you are probably a 501(c)(3) public charity or private foundation and are required to file a 990.

Forms 990 are due on the 15th day of the fifth month following the end of your organization’s taxable year. For nonprofits on a calendar fiscal year, your due date will be May 15th of the following year.

You can find your organization’s fiscal year printed on the upper right section of your IRS Determination Letter. It will be listed as “Accounting Period Ending.”

Determining which form to complete is based on the amount of your Gross Receipts. Gross receipts are the total amount your nonprofit received from all sources during your accounting period (fiscal year), without subtracting costs or expenses.

Once you know your Gross Receipts, it’s easy to figure out which form to complete:

  • Smaller nonprofits (Gross Receipts ≤ $50,000) file a 990-N (e-postcard)
  • Mid-size organizations (Gross Receipts < $200,000, and total assets < $500,000) file a 990 or 990-EZ
  • Larger organizations (Gross Receipts ≥ $200,000, or total assets ≥ $500,000) file a 990
  • Private Foundations file a 990-PF

Do you have less than $50,000 in gross receipts?  We can help you!

If you would like our IRS Tax Preparer to file your IRS 990-N, please complete the form below. Discovery members receive a discounted rate for this service (Please make sure you are logged in)

If you need assistance with completing the IRS 990-EZ, IRS 990, or financial statements, please contact an accountant of your choice. You may also consider contacting our resource partner, JT Pells Accounting Services (www.jtpells.com).

We can help you file !

Community Heroes Lite Members

IRS990-N Request

Small Nonprofit's IRS 990-N Request

Most small tax-exempt organizations that have an annual reporting requirement can satisfy the requirements by submitting Form 990-N, Electronic Notice (e-Postcard.) Form 990-N is submitted electronically, there are no paper forms. Small tax-exempt organizations generally are eligible to file Form 990-N to satisfy their annual reporting requirement, if their annual gross receipts are normally $50,000 or less. Failure to submit an IRS 990, IRS 990-EZ, or IRS 990-N for 3 consecutive years may result in the IRS terminating your IRS tax-exempt status.

We file the IRS 990-N electronically

If you would like our IRS Tax Preparer to file your IRS 990-N, please complete the information below. If you need assistance with completing the IRS 990-EZ, IRS 990, or financial statements, please contact an accountant of your choice. You may also consider contacting our resource partner, JT Pells Accounting Services (www.jtpells.com).
Price: $ 90.00
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