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Tag Archives: Form 990
Setting Nonprofit Executive Compensation
Executive compensation is an often-scrutinized piece of information reported on a nonprofit organization’s Form 990. From grantors to potential donors, the IRS, and even the media, the level of interest in what nonprofit executives are paid has never been greater. … read more
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Tagged executive compensation, Form 990, Jim Rebenar, nonprofit, NPO
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Form 990 Basics – An Overview of the Required Information
As the Form 990 is required to be available for public inspection, it may be the public’s main source of information that is used to make determinations about your organization. Therefore, it is important that the information presented is kept … read more
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Tagged Arizona, Ashley Avena, financial statements, Form 990, nonprofit, NPO, public disclosure, tax return
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Form 990: Employee Compensation Disclosure
The annual Form 990 informational return for nonprofit organizations requires disclosure of compensation information for specific employees, but who qualifies for disclosure? Part VII of the 990 requires the reporting of officers, directors, trustees and key employees of the organization … read more
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Tagged compensation, Form 990, key employees, nonprofit, NPO, payroll, tax return
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Public Disclosure of Form 990
The IRS Form 990 is an informational tax return that provides an annual summary of the organization’s activities, governance and detailed financial information. Because the Form’s purpose is to provide public information, it makes sense that organizations must make their … read more
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Tagged 501c3, charities, Form 990, Kara Curtis, nonprofit, NPO, public disclosure, public records, tax return
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Identifying Unrelated Business Income
It is a common misconception that all revenues generated by non-profit organizations are tax-exempt. However, as more non-profit organizations look to utilize creative avenues of revenue generation to support or expand existing services, each organization must perform the necessary analysis … read more
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Tagged business income, Form 990, income tax, nonprofit, NPO
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Navigating Part VII of the Form 990
Each year non-profit organizations complete and file the IRS Form 990. The Form 990 requires the disclosure of certain compensation information for select individuals. Below are some pointers to help you navigate this portion of the Form 990. Part VII … read more
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Tagged Arizona, compensation, expenditures, expenses, FASB, Form 990, information return, IRS, non-profit, NPO, payroll, tax return
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Basic Financial Policies for Non-Profits
Financial policies play an integral role in the success of non-profits. Financial policies guide how staff and Board members are expected to operate, while providing clarity and setting expectations. Non-profits are also required to disclose whether they have certain policies … read more
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Tagged accounting, Arizona, board, CPA, CPA firm, Form 990, internal control, nonprofit, NPO, policies, procedures
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