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'''IRS Form 990''' (officially, "Return of Organization Exempt From Income Tax") is a form required by the [[Internal Revenue Service]] which gives information about the income, expenses, and assets of non-profit organizations.
In addition to the main Form 990, there are three variants and an associated form:
*"Form 990-EZ", which can be used by smaller non-profits (those with gross receipts less than $200K and assets less than $500K)
*"Form 990-N", which can be used by very small non-profits (those with gross receipts "normally less than $50K); notably, this is a fully electronic filing (if a non-profit wants a paper filing, it must use the main form or the EZ variant)
*"Form 990-PF", which is used by private foundations
*"Form 990-T" (officially, "Exempt Organization Business Income Tax Return"), which is used to report taxable income unrelated to the organization's main functions (e.g. a private university which operates a fast-food restaurant open to the general public).
The Form is required to be filed no later than the 15th day of the fifth month after the organization's [[fiscal year]] ends (e.g. if the organization's fiscal year coincides with the calendar year, the Form must be filed by May 15 of the following year), with one, six-month extension permitted.
Notably, churches and similar religious entities (such as mosques and synagogues) are specifically exempt from filing a Form 990. Due to the [[ecclesiastical doctrine]], which prohibits courts from engaging in matters solely related to religious bodies, many religious organizations have incorporated themselves as "churches" solely to avoid disclosing their income and assets; his is done by nearly every major televangelist, as well as [[TBN]] and [[Daystar]] - the two largest Christian television networks - along with the [[Billy Graham Evangelistic Association]] (though [[Samaritan's Purse]] has not done so).
[[Category:Government]]
In addition to the main Form 990, there are three variants and an associated form:
*"Form 990-EZ", which can be used by smaller non-profits (those with gross receipts less than $200K and assets less than $500K)
*"Form 990-N", which can be used by very small non-profits (those with gross receipts "normally less than $50K); notably, this is a fully electronic filing (if a non-profit wants a paper filing, it must use the main form or the EZ variant)
*"Form 990-PF", which is used by private foundations
*"Form 990-T" (officially, "Exempt Organization Business Income Tax Return"), which is used to report taxable income unrelated to the organization's main functions (e.g. a private university which operates a fast-food restaurant open to the general public).
The Form is required to be filed no later than the 15th day of the fifth month after the organization's [[fiscal year]] ends (e.g. if the organization's fiscal year coincides with the calendar year, the Form must be filed by May 15 of the following year), with one, six-month extension permitted.
Notably, churches and similar religious entities (such as mosques and synagogues) are specifically exempt from filing a Form 990. Due to the [[ecclesiastical doctrine]], which prohibits courts from engaging in matters solely related to religious bodies, many religious organizations have incorporated themselves as "churches" solely to avoid disclosing their income and assets; his is done by nearly every major televangelist, as well as [[TBN]] and [[Daystar]] - the two largest Christian television networks - along with the [[Billy Graham Evangelistic Association]] (though [[Samaritan's Purse]] has not done so).
[[Category:Government]]