What is the purpose of Form 990? Because there are different types of Form 990, explain how

Question:

What is the purpose of Form 990? Because there are different types of Form 990, explain how an NFP would know which type it must file.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

See More Books

Question Posted: Nov 10, 2018 11:59 AM

See More Questions

Use Illustration 134 as a guide in completing this exercise. 1. Fredericksburg Chamber of Commerce 2. American Diabetes Association 3. American Legion 4. American Museum of Natural History 5....
What is the purpose of Form 941? How often is it prepared, and what are the due dates?
What is the purpose of Form 940? How often is it prepared, and what is the due date?
Write a brief paper on the following topic: "Why have gasoline prices risen so high in the recent years?" Write down the reasons and divide into supply and demand effects on the market. Describe the...
An object undergoes simple harmonic motion of amplitude A and angular frequency about the equilibrium point x = 0. Use energy conservation to show that the speed of the object at the general...
As low carbohydrate diets have had a dramatic popularity increase in the past decade, arguments have been made that glucose can be made from odd-chain fatty acids. Based on the metabolism of such...
Saturated steam at $55^{\circ} \mathrm{C}$ is to be condensed at a rate of $10 \mathrm{~kg} / \mathrm{h}$ on the outside of a vertical tube of diameter $3 \mathrm{~cm}$ by maintaining the...
Mathis Company and Reece Company use the perpetual inventory system. The following transactions occurred during the month of April: a. On April 1, Mathis Company purchased merchandise on account from...
Suppose Union University has spent $10,000 on an option to purchase land for new dormitories at a price of $100,000. Also assume that it is later offered an equally attractive site for $95,000. What...
An adult takes roughly 12 breaths each minute, inhaling approximately 500mL with each breath. Oxygen and carbon dioxide are exchanged in the lungs. The amount of nitrogen exhaled equals the amount...
What are the distinguishing characteristics between a public charity and a private foundation? What is a public support test and how does it relate to public charities and private foundations?
Identify ways in which states regulate not-for-profit organizations.
Explain the term lease. Explain how different lease transactions are classified under the provisions of accounting standards applicable in India.
PART A ) A 1 . 0 4 5 g solid unknown was extractd using 2 5 . 0 0 mL of hexanes. The extract is analysed using GC - MS , with an area of 4 8 1 . 4 4 4 for compound Y . A standard at 0 . 4 5 6 7 mg /...
Two 2 0 . 0 g ice cubes at - 1 8 . 0 C are placed into 2 1 5 g of water at 2 5 . 0 C . Assuming no energy is transferred to or from the surroundings, calculate the final temperature, Ti , of the...
The gas phase decomposition of dinitrogen pentoxide at 335 K NO5 (g) 2 NO (g) + /2O (g) is first order in NO5 with a rate constant of 4.70 10 s. If the initial concentration of NO5 is 0.211 M, the...
2- Energy Changes and rate of Reaction: Wind and Solar Energy in Ontario Background about these two sources of energy in Ontario Portion of total energy produced in Ontario by these sources...
How many atoms of tin are in a 36.5 g sample? Calculate the molar mass of the explosive TNT, C6HCH3 (NO2)3. Calculate the molar mass of phosphoric acid.
As a financial advisor for the Spain Development Co., you have been given the construction and marketing studies for the proposed Timbercreek office project. Several potential sites have been...
In what ways does a well-designed enterprise search software vary from popular search engines (e.g., Bing, DuckDuckGo, and Google)?
Multiple Choice. Choose the best answer. 1. Which of the following activities would always indicate that an auditors independence has been impaired? a. Providing advice on establishing an internal...
Continuing Professional Education. As part of your audit firms quality control policies, it maintains a record of continuing profession education (CPE) taken by professional staff members. Following...
Single Audit. Quad-States Community Service Agency expended federal awards during the most recent fiscal year in the following amounts for the pro- grains shown: Additional information indicates that...
You will want to start by looking over the list of requirements for the videos and take some notes on how you will explain and demonstrate each one. Demonstrate dispute resolution techniques....
Two parallel infinite conductive plates are placed at a distance d = 3.0 mm. These two plates carry surface charge densities +4 and -2, respectively, where = 1.1 nC/m2. What is the modulus of the...
Compare and contrast the various references that these artists make to the world beyond the scenes they depict? (city life, continuity with an actual chapel). Why do you think that Campin included...

What is the purpose of Form 990? Because there are different types of Form 990, explain how

Question:

Step by Step Answer:

The purpose of the Form 990 is to provide information to the government and the public conce...View the full answer

Accounting for Governmental and Nonprofit Entities

Students also viewed these Business questions