At BryteBridge Nonprofit Solutions, we make it easy for nonprofits to focus on their mission. We can handle all the annual compliance work with the IRS and the states where you’re registered so that you can dedicate yourself to the cause without getting overwhelmed by the paperwork. We offer six Form 990 pricing options to ensure our clients receive the best possible solutions for their nonprofit.
Note that all tax-exempt organizations, or those organizations whose tax-exempt status is still pending approval, must follow the regulations for IRS 990 filings for nonprofits, regardless of income or activity.
Form 990 Requirements
The specific regulations for IRS 990 filings for non-profits will depend on your organization’s total annual income and assets, including cash and non-cash donations. The requirements are as follows:
- Form 990-EZ Voluntary – Approved tax exemption and gross receipts under $50,000
- Form 990-EZ – Gross receipts between $50,000 and $199,999, and total assets under $500,000 (Note: some organizations under $50,000 may file this form instead of filing IRS 990-N)
- Form 990 – Gross receipts of $200,000 and above, or with assets over $500,000
- Form 990-PF – All organizations categorized as private foundations. If you are interested in the 990-PF, request a consultation or launch the evaluation tool.
Why should I file an IRS 990-EZ if my total income is under $50,000?
As a nonprofit consultant, we often advise filing the IRS 990-EZ Voluntary instead of the 990-N to be transparent with the public. 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.
The IRS 990-EZ itemizes financial data for public inspection, while the IRS 990-N filing does not. Also, many states require a Form 990 to be filed along with annual solicitation renewals and will not accept the 990- N to meet this requirement. Further, major donors and foundation grantmakers often rely on reviewing the IRS 990 filings of nonprofits to make giving decisions.
If you are still interested in the 990-N, please fill out our Evaluation Tool.
Explore our services for your specific form 990 requirements below.
- Organizations who have gross revenue of less than $50k. (Excluding Nonprofits in MA, NY, MI & NH where 990EZ is required regardless of income.)
- Organizations required by state OR who have gross revenue less than $100k.
- Organizations who have a gross revenue of more than $100k but less than $200K
- Organizations who have gross revenue more than $200k
- Annual filing for all private foundations, regardless of income. Up to $1 million in receipts. Over $1M requires a custom quote.
- 990T Tax filing UBIT-Schedule In addition to 990 – required by the state of ID. Up to $1 million in receipts. Over $1M requires a custom quote.
What is Form 990-N?
If your nonprofit’s gross receipts are less than the $50,000 threshold, you may be required to submit Form 990-N, sometimes referred to as the e-Postcard. You will need to submit this document electronically no later than five months and 15 days after the end of the fiscal year.
Will IRS 990-N Filing Satisfy Annual Reporting Requirements?
Submitting Form IRS 990-N can fulfill your annual reporting requirements, as can the other IRS 990 filings for nonprofits: Form 990 or Form 990-EZ.
Small non-profits can typically file the 990-N form if their gross receipts and income are $50,000 or less. This threshold must include all money received before subtracting expenses or costs. Very often, start-up nonprofits operating for three years or less may fall into this category.
However, it’s important to note that some nonprofit organizations cannot follow the IRS 990-N filing process, even when their gross receipts are less than the $50,000 threshold. Organizations in this category must follow other IRS 990 filings for nonprofits. Contact BryteBridge to learn more and speak with a consultant.
Form 990-N Due Date
Submitting Form IRS 990-N can fulfill your annual reporting requirements, as can the other IRS 990 filings for nonprofits: Form 990 or Form 990-EZ.
Small nonprofits can typically file the 990-N form if their gross receipts and income are $50,000 or less. This threshold must include all money received before subtracting expenses or costs. Very often, start-up nonprofits operating for three years or less may fall into this category.
However, it’s important to note that some nonprofit organizations cannot follow the IRS 990-N filing process, even when their gross receipts are less than the $50,000 threshold. Organizations in this category must follow other IRS 990 filings for nonprofits. Contact BryteBridge to learn more and speak with a consultant.