IRS Form 990

The Instructions for Form 990 and Form 990-EZ, and the Instructions for Schedule A (Form 990 or 990-EZ) incorporate significant changes to address legislation enacted in 2006.  Organizations that sponsor donor-advised funds or that have controlled entities must pay particular attention to the changes.  In addition, supporting organizations must file regardless of their gross receipts (the $25,000 threshold no longer applies to such organizations).

Form 990

Form 990-EZ

Click here for the IRS website highlighting some of the changes.

Click here for the 2006 Form 990 Qs and As, which supplements the instructions.

Click here for the transcript to Phone Forum:  Impact of the Pension Protection Act of 2006 on Form 990 (which discusses changes by line item).  You’ll also find in this transcript discussion of changes to Form 990-PF, Form 4720 (Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code), and Form 8282 (Donee Information Return).