GuideStar Blog

De-myth-ifying IRS Form 990

Every day we hear questions and comments about IRS Form 990 from novices and sophisticated users alike. Following are some misperceptions we encounter.

Do You Use GuideStar to Search for Grant Opportunities?


Some 70 percent of respondents answer "no." What do the other 30 percent know that they don't?

Looking for grant opportunities for your nonprofit can be a full-time job. Identifying which grantmakers are likely to support your organization's programs is a process as vital as writing the grant proposal itself. For such an important task, you can never have too many tools. One essential, often overlooked resource is the information found on IRS Form 990-PF.

Filing Forms 990 Electronically Becomes a Reality


Since 1995, the number of individual taxpayers taking advantage of electronic filing to file their 1040 tax returns has increased as much as 30 percent each year, as people discover the convenience (and faster refunds) of e-filing. In 37 states and the District of Columbia, taxpayers can e-file their federal and state tax returns in one transmission. Yet nonprofit organizations must still mail hard copies of their Forms 990 and state registration to the Internal Revenue Service and state charity officials.

How to Make Your Form 990-PF Work for You


If your organization is one of the more than 60,000 private foundations in the country that are required to file a Form 990-PF with the Internal Revenue Service, take note. New regulations went into effect on March 13, 2000, that make this public document easier to access.