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Don’t Make These Common Mistakes When Filing Your Form 990

sgEngage

Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its own labyrinth of forms, requirements, and deadlines. Here are nine common mistakes Nikita and her team at Tax990 see nonprofits make when filing their form 990s.

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Form 990: What You Need to Know About Filing for Your Nonprofit

sgEngage

The Form 990 Series is a specifically designed tax form that most nonprofit organizations will need to file annually. Beyond the fact that it’s a requirement, however, there are a number of other benefits to filing as well—such as increased credibility in the eyes of donors and volunteers. Which 990 Form(s) Should I File?

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Creating Financial Transparency with Your IRS 990 Series (and Maintaining Tax Compliance)

sgEngage

And then there is your annual IRS 990 series filing deadline. With an ever-changing landscape of fundraising, economic conditions, and tactics for expanding mission-related programming, finding time for IRS tax reporting and filing 990 Series returns can be beyond challenging. This couldn’t be more inaccurate!

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Five myths and misconceptions about Candid’s grant data

Candid

In service of this, in this blog, we’re highlighting five things we’ve heard about our grants data that aren’t quite accurate. tax exempt nonprofit organizations must file various Forms 990 with the Internal Revenue Service (IRS) each year. Other public information. corporate donations, public charities that give donations).

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From Dusty Boxes to Digital Gold: Transforming Nonprofit Histories into Fundraising Assets with Digital Archives

Allegiance Group

And while it’s imperative that these institutions digitize their files, it’s equally important for other organizations like nonprofits, businesses, and churches. And that photo is often in a small file format, like a JPEG, PNG, or PDF, that computers may not even be able to read soon. The struggle is that this work is daunting.

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Where are the 2019 (and 2020) 990s? On filling the gaps in Candid’s grants data

Candid

There’s no universal date for filing 990s; instead, the end of an organization’s fiscal year determines when its 990 is due at the IRS. Add in six-month filing extensions and IRS processing time, and it can be two years before we receive all the returns for a specific year. A status update on filings.

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The 990s are here. Why that’s a big deal and what happens now

Candid

tax-exempt organizations are requested to file Forms 990 with the IRS annually, sharing information about their organization’s size, location, revenue, grantmaking, etc. Details and impact of the May 2023 990 release Between May 5–18, 2023, the IRS released around a million 990 files. Or maybe there was a landing on Mars.

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