Form 990-N E-Filing Receipt - Irs Status: Accepted: Fill & Download for Free

Exempt Organization Types:Charitable OrganizationsOrganizations organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, educational, or other specified purposes and that meet certain other requirements are tax exempt under Internal Revenue Code Section 501(c)(3).Churches and Religious OrganizationsChurches and religious organizations, like many other charitable organizations, may qualify for exemption from federal income tax under Section 501(c)(3).Private FoundationsEvery organization that qualifies for tax-exempt status under Section 501(c)(3) is classified as a private foundation unless it meets one of the exceptions listed in Section 509(a). Private foundations typically have a single major source of funding (usually gifts from one family or corporation rather than funding from many sources) and most have as their primary activity the making of grants to other charitable organizations and to individuals, rather than the direct operation of charitable programs.Political OrganizationsA political organization subject to Section 527 is a party, committee, association, fund or other organization (whether or not incorporated) organized and operated primarily for the purpose of directly or indirectly accepting contributions or making expenditures, or both, for an exempt function.Other NonprofitsOrganizations that meet specified requirements may qualify for exemption under subsections other than 501(c)(3). These include social welfare organizations, civic leagues, social clubs, labor organizations and business leagues.[1]An entity can loose its tax exempt status a couple ways.IRS regulations prohibit 501(c)(3) public charities from specific types of activities and require certain levels of reporting and public disclosure. An organization that fails to abide by these rules may be placed under sanction or have its tax-exempt status revoked by the IRS. These regulations include:Private benefit/inurement --“ An organization may not permit an insider (someone with a personal or private interest in the organization) to benefit substantially from the activities of the organization.Lobbying --“ While 501(c)(3) organizations are permitted to engage in lobbying on some level, the amount of lobbying activitiesmust be limited so that it's not a substantial portion of the organization's activities.Political campaign activity/electioneering --“ 501(c)(3) organizations and their representatives (while acting in an official capacity) may not campaign for or against candidates for elected office.Unrelated business income (UBI) -- “ An organization may lose its exempt status if it generates excessive income from a regularly-carried-on trade or business that is not substantially related to the organization's exempt purpose.Annual reporting obligation -- “ With the exception of churches and subordinate organizations, all 501(c)(3) public charities are required to file some version of the Form 990with the IRS on an annual basis. While smaller organizations with gross receipts under $50,000 were previously exempt from this requirement, these charities must now file the Form 990-N (e-Postcard) each year in order to stay compliant.Operation in accord with stated exempt purpose -- An exempt organization is expected to operate in accordance with the charitable purpose or purposes outlined in its application for recognition of tax-exempt status (Form 1023 or 1023-EZ). An organization must notify the IRS of any substantial changes to its operating purpose.[2]Footnotes[1] Exempt Organization Types[2] https://grantspace.org/resources/knowledge-base/tax-exempt-revocation/

IRS Form 990 requires the following information.Name, address, employer identification number, telephone number, principal officer, web site, form of organization, year of formation, state of legal domicile, fiscal year, and Internal Revenue Code establishing organization’s tax-exempt statusOrganizational missionProgram service accomplishmentsOther IRS filings and complianceGoverning body and managementOrganizational policiesCompensation of officers, directors, trustees, key employees, highest compensated employees, and independent contractorsStatement of revenueStatement of functional expensesBalance sheetReconciliation of net assetsMany 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts generally also complete Schedule A, which requires the following information.Reason for public charity statusSchedule of public support and total supportOther financial information (509(a) supporting organizations only)Many 501(c) organizations, 4947(a)(1) nonexempt charitable trusts, and 527 political organizations generally also complete Schedule B, which requires the following information.Name, address, and total contributions from donors who contributed more than the greater of $5,000 or 2% of the organization’s total contributions, gifts, grants, and other similar amounts (for a 501(c)(7), 501(c)(8), or 501(c)(10) organization, $1,000 or more for exclusively for religious, charitable, scientific, literary, or prevention of cruelty or animals)Noncash property donations to the organizationCertain 501(c) organizations and 527 organizations generally also complete Schedule C, which requires the following information.Description of political campaign activities.Current and historic expenditures for direct lobbying and grassroots lobbyingDues information (501(c)(4), 501(c)(5), and 501(c)(6) organizations)Certain organizations generally also complete Schedule D, which requires the following information.Value of donor-advised fundsConservation easementsCollections of art, historical treasures, and other similar assetsEscrow and Custodial ArrangementsCurrent and historical financials for endowment fundsLand, buildings, equipment, leasehold improvements, and other fixed assetsInvestmentsOther assets and other liabilitiesReconciliation of revenue per audited financial statements with returnSchools generally also complete Schedule E, which requires the following information.Nondiscriminatory policy and related informationFinancial aid and assistance from a governmental agencyOrganizations that have activities outside the United States or gave grants or assistance generally also complete Schedule F, which requires the following information.Location of activities, number of offices, description of activities, expenditures, and investments outside the United StatesProcedures for monitoring the use of grant fundsOrganizations that engage with an outside fundraiser, conduct fundraising events, or conduct gaming activities generally also complete Schedule G, which requires the following information.Description of fundraising methodsAgreements, gross receipts, amounts paid, and amounts retained related to professional fundraisersRevenue and expenses related to fundraising eventsRevenue and expenses related to gaming activitiesHospitals generally also complete Schedule H, which requires the following information.Financial assistance and certain other community benefitsCommunity building activitiesBad debt, medicare, and collection practicesManagement companies and joint venturesFacility information, facility policies, and facility practicesCommunity health needs assessmentFinancial assistance policyBilling and collections actionsPolicy relating to emergency medical careCharges to individuals eligible for assistance under the financial assistance policyOrganizations that gave grants and other assistance to individuals and entities in the United States generally also complete Schedule I, which requires the following information.Name of grantees (if grantee is not an individual person), amount of cash grant, amount and description of of non-cash assistance given, and purpose of grant or assistanceProcedures for monitoring the use of grant fundsOrganizations who gave reportable compensation in excess of $100,000 to a former officer, former key employee, or former highest compensated employee; or gave reportable compensation in excess of $10,000 to a former director or former trustee; or gave compensation in excess of $150,000 to any officer, director, trustee, key employee, or highest compensated employee generally also complete Schedule J, which requires the following information,Compensation in the form of travel, tax indemnification, gross-up payments, discretionary spending account, housing allowance, personal residence, business use of personal residence, health club payments, social club dues, and personal services.Written policy regarding compensationDescription of how the organization determines the compensation of the chief executive officer and executive director.Whether the organization gave a severance payment or change-in-control payment to an officer, director, trustee, key employee, or highest compensated employee.Whether the organization paid compensation that was dependent on the organization’s revenues or net earningsWhether the organization paid non-fixed compensation, such as performance awards, performance incentives, or bonusesOrganizations who issued tax-exempt bonds generally also complete Schedule K, which requires the following information.Bond issues, descriptions, dates, price, proceedsBond-financed propertyArbitrageOrganizations that had certain transactions with a current or former officer, director, trustee, key employee, creator, founder, substantial contributor, member of the organization’s grant selection committee, a family member of any individual described above, a 35%-controlled entity of a substantial contributor, or certain employees or children of a substantial contributor generally also complete Schedule L, which requires the following information.Description of excess benefit transactionsLoans to and/or from a current or former officer, director, trustee, key employee, creator, founder, substantial contributor, member of the organization’s grant selection committee, a family member of any individual described above, or a 35%-controlled entity of one or more individuals and/or organizations described above.Grants or assistance benefiting a current or former officer, director, trustee, key employee, creator, founder, substantial contributor, member of the organization’s grant selection committee, a family member of any individual described above, or a 35%-controlled entity of one or more individuals and/or organizations described above.Business transactions involving a current or former officer, director, trustee, key employee, creator, founder, substantial contributor, member of the organization’s grant selection committee, a family member of any individual described above, a 35%-controlled entity of a substantial contributor, or certain employees or children of a substantial contributor.Organizations that received non-cash contributions generally also complete Schedule M, which requires the following information.Description, number of items or contributions, value of non-cash contribution, and method of determining value of non-cash contributionGift acceptance policyOutside entities that solicit, process, or sell non-cash contributions for the organizationOrganizations that liquidated, terminated, dissolved, transferred, or significantly disposed of assets generally also complete Schedule N, which requires the following information.Description, dates, fair-market value, method of determination of value, and recipient of such assetsCompliance with organization’s governing instrumentsNotification of state authoritiesOutstanding tax-exempt bondsOrganizations that are related to another entity, whether a disregarded entity or another type of entity, generally also complete Schedule R, which requires the following information.Name, address, primary activity, legal domicile, controlling entity status, income, assets, and tax status of each related disregarded entity, related tax-exempt organization, related partnership, related corporation, and related trustUnrelated organizations taxable as a partnership through which the organization conducted more than 5% of its activitiesIn addition, organizations that had unrelated business income generally complete Form 990-T, which is not actually part of Form 990.