Just as individuals and corporations must file annual "tax returns," nonprofits must file annual "information returns." (Churches, government agencies, individuals, and businesses need not file Form 990.) Federal Form 990 ("Return of Organizations Exempt from Income Tax") and Form 990EZ compile financial information, program activities, names of board members, and other basic information. Form 990EZ is a shortened version of Form 990 for smaller organizations.
Return to the List of FAQs
|
|
|
