What is Form 990?

This week has so far the hardest week, I learned about tax returns and it was lot of information for me to remember. What is form 990?  IRS Form 990 is an informational tax form that the most tax-exempt organizations must file annually. The form gives the IRS an overview of the organization's activities, governance and detailed financial information.

Purpose

• To collects various information
• makes it available to the public

Who/What has to file a 990?

• Private foundations file Form 990-PF
• Larger nonprofits Organizations that have gross receipts of more than $50,000 file Form 990 or 990-EZ
• 

  Small nonprofits with gross receipts of $50,000 or less file 990-N
  

  
  

When do we file the 990?  

• The 15th day of the 5th month after your accounting period ends

St. Vincent de Paul Village, Inc

                       

Grant and other assistance to governance and organizations in U.S 

Name and address of organization or government	IRC Code	Amount of cash grant	Purpose of grant or assistance
City of SD-TB Controlpo Box	Government	94,228	Homeless Services
Catholic Charities 349- San Diego	501(C)(3)	114,933	Homeless Services
Salvation Army - San Diego	501(C)(3)	150,549	Homeless Services
SD Youth & Community Services	501(C)(3)	107,879	Homeless Services
Veterans Village of San Diego	501(C)(3)	110,730	Homeless Services

Total Revenue ----> $21,526,658                  

Total Expenses  ------> $26,146,562