Non-profit organizations are a big business in the United States with most of the population supporting these organizations through donations, membership dues, time, or purchases. So, it’s important to understand key issues of non-profits: First, know non-profits vary in purpose. Know what a chosen non-profit does. This can vary from the provision of education or […]| Paddock Post
Liberty University, the evangelical powerhouse founded by Jerry Falwell Sr., has long touted its mission of “Training Champions for Christ.” But a deep dive into its latest IRS Form 990 filing for the fiscal year ending June 30, 2024, reveals a different kind of championship: one in executive compensation. Its top officers and insiders are pocketing salaries rivaling those of Fortune 500 CEOs, while the institution operates as a tax-exempt nonprofit. The filing, obtained via ProPublica’...| The Roys Report
IRS Form 990 becomes publicly accessible shortly after it is filed with the IRS. As such, it is the most critical window into your nonprofit.| Foundation Group®
The IRS uses Form 990 as its primary source of choosing nonprofits to audit. Here are 10 Form 990 triggers that put your nonprofit at risk.| Foundation Group®
Form 990 is the annual tax return that nonprofit organizations must file with the Internal Revenue Service (IRS). This filing is essential for maintaining compliance and demonstrating financial transparency. It provides the IRS, donors, and the public with insights into your organization’s operations, governance, and financial management. But what exactly is Form 990, why is […] The post A Simple Guide to IRS Form 990: What You Need to Know appeared first on Velu.| Velu
Michael E. Hartmann talks to the research analyst about his proposed new IRS Form 990 Schedule S for nonprofits that provide fiscal sponsorships and how it would increase trust in the entire sector.| the Giving Review
