990 Form

The IRS Form 990 is an annual informational return that many nonprofit organizations are required to file. It provides the IRS and the public with financial information about the nonprofit’s income, expenses, governance, and activities. This form helps ensure transparency and accountability, showing how organizations use their funds to fulfill their charitable mission. Different versions of Form 990 exist depending on the size and type of the organization, but all serve as a key tool for oversight and public trust in the nonprofit sector.