Instructions for Form 990-EZ

To submit Form 990-EZ, ensure that all parts of the form are accurately completed. File the form electronically via the IRS e-file system. If additional assistance is needed, organizations can contact the IRS at 1-877-829-5500. For paper filing, there are no physical addresses provided due to mandatory electronic filing requirement. Ensure compliance with state-specific reporting requirements, if applicable. It's advisable to keep a copy of the submitted form for your records and double-check all information for accuracy before submission.

For the year 2024: Form 990-EZ is due on May 15, 2024, if the organization's tax year follows the calendar year. If a fiscal year is used, the form is due by the 15th day of the 5th month after the end of the fiscal year. In 2025, the due dates are similar, following the tax year's ending period.

Form 990-EZ is designed for tax-exempt organizations to report their financial activities to the IRS as required under section 6033. This form provides a simplified filing option for smaller organizations, including charitable trusts, nonexempt charitable trusts, and certain political organizations. By completing Form 990-EZ, organizations disclose required information for public inspection and maintain compliance with federal tax regulations, ensuring transparency and accountability.

• 1. Part I. Revenue, Expenses, and Changes in Net Assets or Fund Balances: This section requires reporting of the organization's revenue, expenses, and changes in net assets or fund balances.
• 2. Part II. Balance Sheets: This section collects information on the organization's assets, liabilities, and net assets at the end of the tax year.
• 3. Part III. Statement of Program Service Accomplishments: Describe the organization's program services and achievements during the tax year.
• 4. Part IV. List of Officers, Directors, Trustees, and Key Employees: Provide detailed information on the key individuals responsible for managing the organization.
• 5. Part V. Other Information: Requires reporting of other relevant information, including compliance with federal tax filings and requirements.
• 6. Part VI. Section 501(c)(3) Organizations: Additional information required for organizations exempt under section 501(c)(3) and section 4947(a)(1) nonexempt charitable trusts.
• 7. Signature Block: A designated space for the authorized signature, date, and accompanying title of the signee.

Failure to submit Form 990-EZ can result in significant consequences for the organization.

• Penalties: Monetary penalties may be imposed for failing to file Form 990-EZ or for late submission.
• Loss of Tax-Exempt Status: The organization may lose its tax-exempt status if the form is not submitted as required.
• Public Perception: Failure to file can impact the organization's reputation and credibility with donors and the public.

• 1. Small Tax-Exempt Organizations: Use if gross receipts are less than $200,000 and total assets are less than $500,000.
• 2. Nonexempt Charitable Trusts: Use if not treated as private foundations and to report financial activities.
• 3. Section 527 Political Organizations: Use if annual gross receipts are less than $25,000 and other criteria are met.
• 4. Controlling Organizations: Use for certain controlling organizations defined in section 512(b)(13).
• 5. Hospital Facilities: Use for organizations that operate one or more hospital facilities during the tax year.