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ExpressTaxExempt Blog

Tuesday, December 23, 2014

Form 990-EZ: Schedules A, B, and C

When it comes to the 990-EZ, there is a lot going on. At first glance, learning about this form might seem like an impossible task, but it doesn't have to be. Why don't we break it down a bit so we can take a closer look at every section. Let's begin our journey into the wonderful world of the 990-EZ by taking a look at Schedules A, B and C.

Schedule A

Every 501(c)(3) organization will fill out a Schedule A. It tells more about what type of organization you are; if your organization is classified as a government, education, community organization, or grassroots.  In addition, this form identifies your public support, where you get your support, and in what form your support comes in (grants and/or gifts).

For more information on Public Support Tests, checkout our blog - What Does It Mean: Failure To Meet A Public Support Test

Schedule B

Schedule B is based off your contributors.  The general rule for nonprofits, is that when your organization receives more than $5,000 from any one contribution, it will be reported on this form. For exclusively religious contributions, it is a bit different. If your organization recieves a contribution from an exclusively religious contributor of $1,000 or more, it will be reported on this form. With this schedule there is a Special Rule that could have an effect on how you will file this particular schedule.

The Special Rule:
For an organization described in section 501(c)(3) organizations that meets the 33 and 1/3% support test of the regulations under sections 509(a)(1) and 170(b)(1)(A)(vi) and not just the 10% support test (whether or not the organization is otherwise described in section 170(b)(1)(A)), list in Part I only those contributors whose contribution of $5,000 or more during the tax year is geater than 2% of the amount reported on Form 990-EZ, Line 1.


Schedule C

Finally, the Schedule C is for organizations that are politically active.  This schedule requires you to provide information on your political and lobbying activities. Lobbying activities, as defined by the IRS, would be classified as..

An attempt to influence legislation by propaganda or otherwise, presentation of testimony at public hearings held by legislative committees, correspondence and conferences with legislators and their staffs, communications by electronic means, and publication of documents advocationg specific legislative action.

These are only the first 3 990-EZ Schedules. Next time we will go over Scedules E, G, L, and O. If you want more information right this second, head on over to the Express990.com website where we go into great detail about the 990-EZ form and every schedule we provide. 


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