Knowledge center
Nonprofit tax and compliance resources
Clear, practical explanations of Form 990, private foundation rules, unrelated business income and exempt organization compliance.
What Is Form 990?
Form 990 is the annual information return most tax-exempt organizations file with the IRS. Learn what it reports, who must file it, and how it differs from Form 990-EZ, 990-PF and 990-N.
August 19, 2026 · 8 min read
- Tax Update · Compliance
Streamlined Reinstatement Under Rev. Proc. 2014-11
How eligible Form 990-EZ and Form 990-N organizations can seek retroactive reinstatement after automatic revocation, including deadlines and missed-return relief.
October 7, 2026 · 4 min read
- Tax Update · Compliance
Quid Pro Quo Contributions: Charity Disclosure Rules
A preparer-focused guide to disclosure content, timing, exceptions, valuation, and penalties for quid pro quo contributions over $75.
October 7, 2026 · 4 min read
- Tax Update · Private Foundations
Section 4941 Excise Taxes on Private-Foundation Self-Dealing
How initial and additional Section 4941 taxes apply to self-dealers and foundation managers, including correction relief, liability limits, and shared liability.
October 7, 2026 · 3 min read
- Tax Update · Compliance
Correcting an Excess Benefit Transaction
Procedures for correction, including cash payments, interest, property returns, valuation limits, and balancing payments.
October 7, 2026 · 3 min read
- Guide · Form 990
Form 990 Gross Receipts Example (Item G): How to Calculate It
A worked gross receipts example for Form 990 Item G: step-by-step calculation from Part VIII, why gross receipts exceed total revenue, and how the figure sets 990-EZ and 990-N eligibility.
August 24, 2026 · 7 min read
- Guide · Form 990-T
When Must an Exempt Organization File Form 990-T?
The filing trigger for Form 990-T is a gross income test, not a taxable income test. Who files, when it is due, and the estimated tax obligation that comes with it.
August 24, 2026 · 7 min read
- Guide · Form 990-PF
990-PF Minimum Investment Return vs. Distributable Amount
How to compute the 5% minimum investment return, adjust it for the section 4940 excise tax and recoveries, and arrive at the distributable amount — with a worked example.
August 24, 2026 · 7 min read
- Guide · Form 990-PF
Form 990-PF Qualifying Distributions and Excess Distribution Carryovers
What counts as a qualifying distribution, the order in which distributions are applied, and how the five-year excess carryover is preserved or lost.
August 24, 2026 · 8 min read
- Guide · Form 990
Form 990 Part VII Compensation Reporting: Who Must Be Reported?
The five reporting groups in Part VII Section A, the thresholds that pull a person in, and the measurement period that governs the amounts.
August 24, 2026 · 8 min read
- Guide · Compliance
Form 990 Schedule A Public Support: Common Reporting Issues
The 33 1/3% public support test, the 10% facts-and-circumstances fallback, the 2% cap, and how a failing organization tips into private foundation status.
August 24, 2026 · 8 min read
- Guide · Form 990
What Is Form 990?
Form 990 is the annual information return most tax-exempt organizations file with the IRS. Learn what it reports, who must file it, and how it differs from Form 990-EZ, 990-PF and 990-N.
August 19, 2026 · 8 min read
- Guide · Form 990
Form 990 Filing Thresholds Explained
Which annual return an exempt organization files — 990-N, 990-EZ or the full Form 990 — depends on gross receipts and total assets. Here is how the thresholds work.
November 4, 2025 · 6 min read
- Guide · Private Foundations
Private Foundation Excise Tax on Net Investment Income
A practical walkthrough of the Section 4940 excise tax: what counts as net investment income, the current rate, and how it flows onto Form 990-PF.
October 21, 2025 · 7 min read
- Guide · Form 990-T
Understanding UBIT and Form 990-T
When income from a trade or business becomes taxable to an exempt organization, and how the silo rules affect the way activities are reported.
October 8, 2025 · 8 min read
- Guide · Private Foundations
The 5% Minimum Distribution Requirement
How a private foundation calculates distributable amount, what counts as a qualifying distribution, and the consequences of falling short.
September 2, 2025 · 7 min read
- Guide · Compliance
Schedule B Donor Reporting on Form 990
Which contributors have to be listed, how the general rule and special rules differ, and what is disclosed to the public.
August 14, 2025 · 5 min read