Thursday, March 25, 2010

New IRS Form 990

The Star Tribune recently published an article discussing the new IRS 990 Form for nonprofits. We thought it was interesting and wanted to pass it along. Here is a teaser and a link to the full article:

New forms help people check out charities
The new IRS Form 990 means more disclosures from nonprofits and more information available to their potential donors.


For the first time in 30 years, the Internal Revenue Services has revamped the tax forms that charities must file, requiring tough new reporting on everything from executive salaries to fundraising costs to whistleblower policies.

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