IRS Requires Tax-Exempt Organizations to File Forms Electronically

Many tax-exempt organizations have filed their 990 series forms electronically for several years. Some smaller organizations are still submitting their 990, 990-EZ or 990-PF in paper form to the Internal Revenue Service (IRS).

2020-03-17T11:48:30-04:00December 23, 2019|Categories: Not-for-Profit|Tags: , , |

Where Should Not-for-Profits Report Membership Dues on Form 990?

Are membership dues paid to nonprofits considered a donation or program revenue? It comes down to whether the member receives a significant benefit or an insignificant one. Understanding the difference ensures nonprofits report these contributions correctly on Form 990.

2019-07-24T19:15:16-04:00March 18, 2019|Categories: Not-for-Profit|Tags: , , |

Make It Count: How to Determine ROI on Fundraising Events

If your not-for-profit has over $15,000 in fundraising event contributions and gross income, then it will probably be required to report the events on Schedule G with the 990. Use the PBMares Accounting for Fundraising Events Tool to compile the information needed to complete the reporting on Schedule G.

2019-07-24T19:22:04-04:00January 23, 2019|Categories: Accounting, Not-for-Profit|Tags: , , |

10 Things You Should Know About Form 990

If you are a board member or volunteer for a local non-profit, you should be aware of Form 990 Return of Organization Exempt from Income [...]