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STRUCTURE OF U.S. IRS FORM 990

The U.S. IRS Form 990 contains many parts and schedules. Each schedule is completed only if the organization meets the requirements for filing that particular schedule. On Form 990, Part IV is completed to make the determination of whether it is necessary to complete a particular schedule. On Form 990-EZ, particular lines within the form will reference a schedule which will determine if completion of that schedule is necessary. Organizations should pay close attention to filing deadlines and late filing penalties. In addition, once the 990 is completed, organizations should be mindful of the public disclosure rules.  

 Part I

A summary of selected items included in the return.

 Part II Signature block.
 Part III Statement of Program Service Accomplishments.
 Part IV

Checklist of Required Schedules. If questions in Part IV are answered “yes,” a corresponding schedule must also be completed. A list of schedules is included below.

 Part V Statements Regarding Other IRS Filings and Tax Compliance. These questions are meant to ensure all organizations are aware of the multiple filing requirements that may be applicable to them.
 Part VI Contains the following three sections: Governing Body and Management, Policies, and Disclosure. These questions are meant to provide information regarding the organization’s governance, internal policies, and if and how the organization discloses to the public its 990 and policies.
 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors.  This part will list important individuals and vendors associated with the organization and will disclose the amount each are compensated for their service.
 Part VIII Statement of Revenue.
 Part IX

Statement of Functional Expenses.

 Part X

Balance Sheet.

 Part XI Reconciliation of Net Assets.
 Part XII Financial Statements and Reporting. These questions require yes or no answers and relate to the method of accounting, whether an audit has taken place, and the extent of federal funding.
 SchedulA (Forms 990 and 990EZ)
Public Charity Status and Public Support. 
 Schedule B (Forms 990, 990 EZ, and 990PF)  
Schedule of Contributors.
 Schedule C (Forms 990 and 990EZ)
Political Campaign and Lobbying Activities.
 Schedule D (Form 990)  
Supplemental Financial Statements.
 Schedule E (Forms 990 and 990EZ)  
Schools.
 Schedule F (Form 990)   Statement of Activities Outside the United States.
 Schedule G (Forms 990 or 990EZ)   Supplemental Information Regarding Fundraising or Gaming Activities.
 Schedule H (Form 990)   Hospitals. 
 Schedule I (Form 990)   Grants and Other Assistance to Organizations, Governments, and Individuals in the U.S.
 Schedule J (Form 990)   Compensation Information.
 SchedulK (Form 990)   Supplemental Information on Tax Exempt Bonds.
 Schedule L (Forms 990 and 990EZ)  
Transactions with Interested Persons.
 Schedule M (Form 990)  
Non-cash Contributions.
 Schedule N (Forms 990 and 990EZ) Liquidation, Termination, Dissolution, or Significant Disposition of Assets.
 Schedule O (Forms 990 and 990EZ)
Supplemental Information to Form 990 or 990EZ.
 Schedule R (Form 990)   Related Organizations and Unrelated Organizations. 


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