article thumbnail

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. Candid uses 990 data as a starting place for our nonprofit profiles and grantmaking databases. Today we have over 800k filings for those years.

Files 111
article thumbnail

The data/crisis catch-22: How the pandemic created a social sector data gap  

Candid

tax-exempt organizations file annually, are a major source of data about nonprofits and foundation grantmaking in the United States. For one, busy and understaffed organizations are requesting filing extensions—the IRS expects roughly 762K tax-exempt extensions for fiscal year 2022. Case in point: 990 data. IRS Form 990s, which U.S.

Data 124
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

It’s Giving Season. Here’s how to donate wisely.

Candid

If you’re on the organization’s nonprofit profile on GuideStar, pay attention to indicators of a nonprofit’s performance, such as impact results, transparency, and leadership. You can also check a nonprofit’s profile to see if it has a Candid Seal of Transparency. But if this is the case, it is often a red flag.)

Donation 111
article thumbnail

Making meaning of Candid’s free demographic data set 

Candid

In fact, about 1,000 nonprofits are now adding demographic data to their Candid profiles every month. nonprofits voluntarily share demographic data through their profile. As a result of our Demographics via Candid efforts, this number has increased significantly over the past two years. For example, U.S.

article thumbnail

Nonprofit Marketing: How Technologies Will Change the Future

Nonprofits Source

For example, many organizations use deduplication tools that are able to analyze donor profiles, images, and other uploaded information for repeated files. When duplicate data is detected, the program alerts users and asks how they would prefer to resolve the issue—merging files, removing one, or keeping both.

article thumbnail

4 Tips For Maintaining Your Nonprofit’s Databases

TechImpact

Nonprofits and charities use databases to manage donor, volunteer, and B2B profiles and aggregate data. However, database are also used for storing records, files, other types of information. Duplicate files, profiles, and other data are common for every organization. Keep it clean. Conduct audits.

Database 238
article thumbnail

Five myths and misconceptions about Candid’s grant data

Candid

tax exempt nonprofit organizations must file various Forms 990 with the Internal Revenue Service (IRS) each year. These searches tend to focus on narrow, high-profile issues, such as Covid-19 or racial equity. In service of this, in this blog, we’re highlighting five things we’ve heard about our grants data that aren’t quite accurate.

Grant 111