Question

the irs annual reporting document form 990 is required to be completed by

Answer 1

The irs annual reporting document form 990 is required to be completed by the 15th day of the 5th month after the end of the organization's fiscal year.

The irs annual reporting document form 990 is required to be completed by a tax-exempt organization unless an exception applies.

Form 990 is required to be filed by most tax-exempt organizations under section 501(a). This includes organizations described by any of the subsections of Internal Revenue Code Section 501(c), 501(d) apostolic organizations, 501(e) cooperative hospital service organization, 501(f) cooperative service organizations of schools, 501(j) amateur sports organizations, 501(k) child care organizations, 501(n) charitable risk pools, and 4947(a)(1) nonexempt charitable trusts. Organizations described by any of these sections must file Form 990 even if the organization has not applied for a determination letter from the Internal Revenue Service.

A tax-exempt organization with annual gross receipts of less than $200,000 and assets less than $500,000 has the option of file a shorter alternative form, Form 990-EZ instead.

For a tax-exempt organization that normally has gross receipts no more than $50,000 per year, the organization has the option to file a shorter alternative form, Form 990-N instead.

Churches, including houses of worship such as synagogues and mosques, and their integrated auxiliaries, associations of churches, and any religious order that engages exclusively in religious activity are not required to file. A school below college level affiliated with a church or operated by a religious order may be exempt from the requirement to file Form 990.