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Draft Form 990 Questions Associations Should Ask
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What to look for when reviewing a 990?
When reviewing the form, make sure the mission is described in plain language. The mission description and Section III, “Program Service Accomplishments,” are opportunities to educate potential donors about your nonprofit's work. -
What needs to be included in Form 990?
Your Form 990 should include your organization's mission statement, all financial data, a summary of activities, specifics of your nonprofit's governing body, and your organization's accomplishments from the prior year. -
What information is needed for Form 990-N?
They will need the following information about the organization to complete the Form 990-N: 1. Employer identification number (EIN), also known as a Taxpayer Identification Number (TIN) 2. Tax year 3. Legal name and mailing address 4. -
How do I prepare a 990 form?
Form 990 requires filers to list their individual charitable programs by name or purpose, then describe in detail what was accomplished during the year. For example, you may need to include things like: A description of the program. The number of people served.
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