Nonprofit organizations serve a great purpose and make a difference in the community daily. In order to stay both active and effective, nonprofits have to attract supporters to
Every tax-exempt organization required to file IRS Form 990 or Form 990-EZ must complete Parts I through XII along with a Schedule O and any other schedules applicable
For some exempt organizations, generating sufficient funds sometimes requires going beyond traditional fundraisers and generous contributions. Tax-exempt groups are eligible to participate in trades and businesses with no
Exempt organizations that are considered a central or parent company can file a group return with IRS Form 990 for two or more secondary or local tax-exempt organizations.
Within IRS 990 and 990-EZ forms, there is a section where tax-exempt organizations can report specific types of other IRS filings and tax compliance information. Not every question
When filing Form 990 or 990-EZ, the IRS requires that all exempt organizations complete the balance sheet included. The balance sheet roughly shows how much money or assets
We’re only a couple of days away from Turkey Day and the excitement of the upcoming holidays has us counting down with anticipation. In the spirit of goodwill,