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A 990 EZ form is used by the Internal Revenue Service. The form is used during the tax filing season, and it must be filed by companies or organizations that wish to remain tax-exempt. This could include non-profits, charities, and certain other organizations. Failure to file this form can result in the loss of a tax-exempt status.
The form requires a lot of information about the organization. This includes the name, address, and telephone. It will also require all the financial information relating to revenue and expenses. Changes to net assets and fund balances should be listed on this form. Filling out this form completely ensures that a non-profit or other tax-exempt organization can remain this way.
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