Impact 100 - Finance 101 for Non-Profits Deck - Page 21

Gross Receipts
Form to File Gross receipts normally ≤ $ 50,000 990-N Gross receipts < $ 200,000 and Total assets < $ 500,000
990-EZ Gross receipts ≥ $ 200,000 , or Total assets ≥ $ 500,000 990

Tax Reporting for Exempt Organizations

• Which version of the 990 should your organization file ?

Gross Receipts

Form to File Gross receipts normally ≤ $ 50,000 990-N Gross receipts < $ 200,000 and Total assets < $ 500,000

990-EZ Gross receipts ≥ $ 200,000 , or Total assets ≥ $ 500,000 990