You’ll learn to identify basic issues related to filing Form 990 for tax-exempt not-for-profit entities (NFPs). The vast majority of not-for-profit organizations (NFPs) are required to file an annual Form 990 with the Internal Revenue Service (IRS). The Form 990 is not a tax return. Rather, it is an information return that reports financial and non-financial information to the IRS and the public. Accurate and complete reporting of Form 990 is critical not only to maintain an NFP's tax-exempt status, but also to uphold the organization's reputation and its ability to raise funds from donors, members, or other supporters. Who Will Benefit - New accountants interested in the basics of tax and compliance requirements that apply to tax-exempt, not-for-profit entities. - Experienced accountants who are new to the not-for-profit industry or are in need of a refresher on tax and compliance requirements that apply to tax-exempt, not-for-profit entities. Key Topics - Form 990 overview - Structure of the form 990 - Schedules to form 990 - Form 990 preparations Learning Outcomes - Recognize the purpose and basic requirements of IRS Form 990. - Identify the structure and core components of IRS Form 990. - Recognize the schedules and attachments that may be filed with Form 990. - Recall how to prepare IRS Form 990 from financial statements.