The 990 specifically does not allow you to attach anything but the form itself. Some foundations include public information (grants) as attachments. So, you’ll always have those factors to consider, but absolutely if you’re under $50,000 and you want something to perhaps provide to a funder or an organization that’s asking you for a little bit more detail, you can certainly file a 990-EZ. The 990-N is five simple questions you can answer online on the IRS’s website.
Of course, that requires a lot more disclosure, and a lot more information to be provided, and there’s an extra cost to do a 990-EZ versus a 990-N.
#Organizational finances 101 full#
Yes, absolutely – you can file a full 990 if you want to. Contact us to talk! If an organization could file a 990-N, can it instead file a 990-EZ? We do training and we also help with doing financials for non-profit organizations. Yes, we offer support for QuickBooks Online. Do you provide support or consultation to help with QuickBooks Online? It’s impossible to get ahold of anyone through their helpline. So many great questions, and while we couldn’t get to all of them in our limited time, we’ve collected them here, with answers and insights from our not-for-profit pros. That’s why Barnes Dennig and Impact 100 hosted this 1-hour session on tax, accounting, and financial hot topics that our not-for-profit clients want to know more about. But to grow the organization, you need to know the ins and outs of running a business, too. You’ve got the strategy, the mission, and the vision set.
We know that many not-for-profit leaders wear multiple hats.
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