Form 990 Services
Accurate, effective Form 990 filings require specialized nonprofit tax expertise. Our experienced professionals can help.
IRS Form 990 is more than a tax filing. It is one of the most visible documents a nonprofit produces, and an important way to highlight the organization’s financial and governance practices, mission, and accomplishments to the IRS, donors, grantmakers, state regulators, charity watchdogs, and other stakeholders.
We provide Form 990 preparation and review services for tax-exempt organizations and their related entities nationwide. Our experienced nonprofit tax professionals help organizations maintain compliance and present key information accurately and effectively.
WHAT FORM 990 PREPARATION SERVICES DOES CRI CAPINCROUSE OFFER?
Our nonprofit tax professionals provide preparation and review services for Forms 990, 990-EZ, 990-PF, and 990-T, as well as related state filings.
Form 990 Preparation: This full-service option is designed for organizations seeking comprehensive support. We prepare and sign the applicable Form 990 series returns, helping organizations meet filing requirements and reduce administrative burden.
Form 990 Overview: For organizations seeking Form 990 guidance, we review the organization’s prepared returns and provide a memorandum highlighting observations, potential concerns, and suggested changes.
Frequently Asked Questions
Form 990 is an annual information return that many public charity tax-exempt organizations must file with the IRS. Because it is publicly available, donors, grantmakers, charity watchdogs, and other stakeholders often review it, in addition to the IRS. Many states also use Form 990 for charitable and other regulatory oversight and to meet requirements for organizations claiming exemption from state income tax.
Form 990-PF is an annual information return that private foundations must file with the IRS. Like Form 990, Form 990-PF is publicly available. It differs from Form 990 in the amount of detail it discloses. In addition, while donor names are redacted from Form 990, they must be disclosed with Form 990-PF.
Form 990 is often one of the first documents stakeholders review when evaluating a nonprofit. Accurate reporting can help organizations demonstrate financial accountability and sound governance, and communicate their mission and impact.
Most tax-exempt organizations, including nonprofits, nonexempt charitable trusts, and section 527 political organizations, are required to file a Form 990-series return annually. Filing requirements depend on the organization’s size and classification.
Generally, churches, their integrated auxiliaries, and conventions or associations of churches are exempt from filing Form 990. However, they may be required to file Form 990-T if they have gross unrelated business income of $1,000 or more in a year.
Tax-exempt organizations with gross receipts of $200,000 or more or total assets of $500,000 or more at the end of the fiscal year must file Form 990. Organizations with gross receipts between $50,000 and $200,000 and total assets under $500,000 can file the shorter Form 990-EZ, and organizations with gross receipts of $50,000 or less can file Form 990-N (e-Postcard). Private foundations must file Form 990-PF, regardless of size or income.
Form 990 series returns are due by the 15th day of the fifth month after the organization’s fiscal year-end. Organizations can file Form 8868 to request an automatic six-month extension for Forms 990, 990-EZ, or 990-PF.
Late filing may result in IRS penalties. Organizations that fail to file required returns for three consecutive years automatically lose their federal tax-exempt status.
Professional Form 990 preparation services help tax-exempt organizations navigate complex reporting requirements, reduce compliance risk, and present financial and governance information clearly and effectively.
Contact us using the form below to discuss your organization’s reporting needs and learn how our experienced nonprofit tax specialists can help with this important annual requirement.
