2024 Form 990 Instructions

• Name of your Organization, EIN, address, and telephone number.
• Check the appropriate field on Box B for any Address change, Name change, Initial return (if the organization is filing a Form 990 for the first time), final return/terminated, Amended return, or Application pending.
• Check your appropriate section (501(c)(3), 501(c), 4947(a)(1) or 527) for tax-exempt status.
• Check the type of organization (Corporation, Trust, Association, Other), and the year of formation.
• Enter the group exemption number

Line 1-7 is all about the Activities & Governance of your Organization for the tax year.

Enter the following details in line 1 - 7 of 990 Form

• Organization’s mission or most significant activities
• Number of voting members & independent voting members of the governing body
• Total number of individuals employed in calendar year 2024
• Total number of volunteers
• Total unrelated business revenue & unrelated business taxable income from Form 990-T

Line 8 - 12 is all about the Organization revenue details.

Enter the following details for the prior year & current year in line 8 - 12 of Form 990

• Contributions and grants
• Program service revenue
• Investment income
• Other revenue

Line 13 - 19 is all about the Organization expenses details.

Enter the following details for the prior year & current year in line 13 - 19

• Grants and similar amounts paid
• Benefits paid to or for members
• Fundraising fees
• Other expenses

Line 20 - 22 is all about asset details.

Enter the following details for beginning of the year & end of the year in
line 20 - 22

• Total assets
• Total liabilities

Finally, the “Net assets or fund balances” of your Organization is shown at the end of Part I of Form 990.

The current president, vice president, treasurer, assistant treasurer, chief accounting officer, or other corporate officers (such as a tax officer) is responsible for signing IRS Form 990 as of the filing date.

A receiver, trustee, or assignee must sign any return he or she files for a corporation or association.

Paid Preparer

The person who prepares the 990 return must sign the return, list the preparer's taxpayer identification number (PTIN), and fill in the other details like Firm's Name, address, EIN.

Organization requires to report with the IRS regarding the organization's program service accomplishments.

A program service are activities like charitable activities, a college's provision of higher education to students under a degree program, a disaster relief organization's provision of grants or assistance to victims of a natural disaster, carried out by the organization.

Enter the descriptive of the Organization's mission. If the Organization undertakes any significant program, choose yes on this part and explain in detail on Schedule O.

Enter the Organization's program service accomplishments for each of its three most expensive program services.

Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and their allocations to others, the total expenses, and revenue, if any, for each program service being reported.

The Organization must complete the applicable schedule for each "Yes" as the answer to a question on Form 990, Part IV.

For instance:

If the Organization selected "Yes" for being described under section 501(c)(3) or 4947(a)(1) (other than a private foundation), the Organization must complete Schedule A.

When section 501(c)(3) organization has met the 33 1/3% support test of the regulations under sections 509(a)(1) and 170(b)(1)(A)(vi), checks the box on Schedule A (IRS Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and received more than $5000 as a contribution from a single contributor, the organization must attach Schedule B.

There are 38 lines in the part which are required to complete by Nonprofits. Check Form 990 Instructions in detail against each line to complete this part.

Line 1 to 16 is all about the information of IRS Filings.

Enter the amounts you entered for the various activities on the IRS Forms 1096, W-2G, W-3, 990-T, 8886-T, 8282, 4720.

Enter the values, If the Organization receives any funds, directly or indirectly, to pay premiums on a personal benefit contract, pay premiums, directly or indirectly, on a personal benefit contract, qualified intellectual property.

Enter the values of gross income from members, shareholders, or other sources.

Check with the IRS Form 990 Instructions in detail to complete Part V.

Line 1 to 12 is all about the Organization's governing body and management, governance policies, and disclosure practices.

All organizations that file Form 990 must complete Part VI.

Use Schedule O (Form 990-EZ or 990) to provide required supplemental information as described in this part, and to provide any additional information that the organization considers relevant to this part.

There are 3 sections in Part VI:

There are 2 sections to be completed in part VII.

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

Organizations must complete Part VII, Section A for the following officers, directors, trustees, and employees of the organization whose reportable compensation from the organization and related organizations

• Enter the tax based on investment income, any penalty for underpayment of estimated tax, and tax due and overpayment.
• Current key employees (over $150,000 of reportable compensation).
• Current five highest compensated employees other than officers, directors, trustees, or listed key employees (over $100,000 of reportable compensation).
• Former officers, key employees, and highest compensated employees (over $100,000 of reportable compensation, with special rules for former highest compensated employees).
• Former directors and trustees (over $10,000 of reportable compensation in the capacity as a former director or trustee).

Enter the Name, average hours per week, position, Reportable compensation from the organization and related organization reported on W-2/1099-MISC, Estimated amount of other compensation from the organization and related organizations

Section B. Independent Contractors

Complete this Section B for your five highest compensated independent contractors that received more than $100,000.

Enter the total number of independent contractors who received more than $100,000 of compensation from the organization.

This part is all about the revenues & contributions.

Enter the total revenue, Unrelated business revenue from Federated campaigns, Membership dues, Fundraising events, Related organizations, Government grants (contributions), all other contributions.

Enter the program service revenues, and other revenues such as Investment income, Income from investment of tax-exempt bond proceeds, Gross rents, Rental income, and also provide the information about Miscellaneous revenue.

Enter the values of total expenses, Program service expenses, Management and general expenses, Fundraising expenses for the grants & other assistance, Benefits paid to or for members, Other employee benefits, Payroll taxes, Fees for services, travel, occupancy, interest, royalties, occupancy, advertising & promotion, and more.

The balance sheet depicts the financial position of Nonprofits at a specific point in time, eventually at the close of an accounting period.

The balance sheet shows an organization's financial health or net worth at a given time. The balance sheet of a nonprofit organization includes three main sections:

Organizations must provide the details related to the above sections for the beginning to the end of the year.

Reconciling items are used to review whether the net asset balance per the financial statements matches the net asset balance per the IRS Form 990.

Enter the total revenue, expenses, net assets, or fund balances at the beginning of the year, gains, investment expenses, net assets, or fund balances to reconcile the Net Assets.

Part XII is about financial statements and reporting used in Form 990.

Enter the accounting method used to prepare the Form 990, on whether the organization’s financial statements compiled, reviewed, or audited by an independent accountant.

Add your organization's name, EIN, address, and primary officer details. And then choose the Form 990 to e-file.

Start entering the questions about your organization's revenue, expenses, and other required information in Form 990

After completing all the required information, review all your Organization information to proceed further.

Once you review all the information, you can transmit the Form 990 to the IRS.