Why Should I File the IRS 990 vs 990-EZ or 990N?

Nonprofits with 501(c)(3) tax exemption status are exempted from paying federal taxes. However, they are still required to file their nonprofit’s IRS Tax Form 990 or Form 990-N for smaller nonprofit organizations.

“Your 990 is more than just a mandatory filing — it is the face of your organization and an opportunity to show the public that your organization is well organized.”

Why Should I File the IRS 990 vs the 990 EZ or 990N?

Comply with Public Nonprofit Responsibilities

Filing this form ensures that nonprofits comply with their public nonprofit responsibilities.

Overview of Activities

Filing the IRS 990 Form provides an financial overview of the nonprofit’s activities throughout the last fiscal year to the IRS.

Transparency to Donors

Filing the IRS Form 990 also provides transparency to current and potential donors. This is helpful if you ever wish to secure grant funding.

Helps Donors

The IRS Form 990 helps donors understand how the nonprofit operates and is managed. Having a confident donor base ensures ongoing commitment.