IRS Form 990 Filings

IRS Form 990, entitled “Return of Organization Exempt From Income Tax,” is a report that must be filed each year with the Internal Revenue Service (IRS) by organizations exempt from Federal income taxes under section 501 of the Internal Revenue Code, and whose annual receipts are “normally” more than $25,000 a year. It is an information return and not an income tax return since the organizations that file it do not pay income taxes.

The Form 990, in addition to being the main IRS reporting form for 501(c)(3) non-profit groups such as KS&A, is the basic component of the annual report that must be filed with a large number of state offices that regulate charitable solicitation. The Form 990 serves two essential purposes. First, it provides information that helps government agencies (the IRS and state charity regulators) enforce the laws that govern nonprofits. And second, the Form 990 provides a great deal of financial information about the filing organization’s financial condition, about its financial strength or weakness and about such things as the sources of its income.

General information about the Form 990 and a description of what each line means can be found in the IRS’s “Instructions for Form 990 and Form 990-EZ” and “Instructions for Schedule A (Form 990),”. These instructions can be found on the Web at www.irs.gov (run a search for Form 990 under the “Search Forms & Publications” search feature).

KS&A’s most recent IRS Form 990 filings Please note that these are large files (several megabytes each):

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If you have any questions, or would like to speak with someone in KS&A’s administrative offices concerning any information in the Form 990 filings, please contact KS&A at (JavaScript must be enabled to view this email address)

Published on Feb 13, 2006 at 01:07 AM
Last updated on Dec 16, 2009 at 10:54 AM

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