Keeping meticulous records is not just a best practice; it’s an essential requirement for nonprofits. You never know when you…

When it comes to financial reporting for your organization, the balance sheet plays a pivotal role. It serves as the…

Many people think that nonprofit organizations don’t have strict IRS reporting requirements because they are tax-exempt. This is a major…

The IRS Form 990 can be a complex and intimidating tax return. Whether you have recently taken on this responsibility…

Form 990: it’s a document that strikes fear into the hearts of many nonprofit organizations, but it doesn’t have to…

Creating and operating a nonprofit organization is a challenging feat. So much work goes into establishing and maintaining the organization’s…

Each and every year, thousands of nonprofit organizations file a Form 990–and while IRS regulations mean that all churches (that…

Do Schools and Educational Organizations Need to File a 990? Yes! Even after obtaining tax-exempt status, your School/Educational Organization still…

As a nonprofit organization, you are 100% dedicated to your mission and bettering your community. As the leader of the…

While Animal Rescue Organizations are tax-exempt, there’s still certain information regarding their financial activities that must be reported to the…

Organizations filing Form 990, 990-EZ, or 990-PF may also be required to attach Form 990 Schedule B to their forms,…

Attention all tax-exempt nonprofit organizations with fiscal years ending April 30th – your Form 990 deadline is tomorrow, September 15th!…

First Things First – What is Form 990-PF and Who Needs to File it? Form 990-PF is used by private…

An organization having tax-exempt status means that the net profits of the organization are exempt from federal taxes. While certain…

Getting an error is–let’s face it–annoying. This is especially true when the codes are long strings of numbers that don’t…

Form 990-T is filed by tax-exempt organizations to report their Unrelated Business Taxable Income (UBTI)–$1000 or more–to the IRS. Organizations…

**Editor’s Note**: This article originally appeared on Blackbaud’s “Engage” blog at https://blog.blackbaud.com/form-990-what-you-need-to-know-about-filing-for-your-nonprofit/. It is being republished with permission. It may…

Error Code F990PF-905-01 indicates the organization has not been established as a private foundation with the IRS (only private foundations…

Receiving a letter from the IRS is not likely anyone’s idea of a nice surprise. Like taking medicine, though, it’s…

There are few things more valuable than trust. While it isn’t something you can hold in your hands, a lack…