Opening the 990: An Introduction to Mandatory E-Filing Brochure

A new law requiring electronic filing of the Form 990 goes into effect this year, and thousands of nonprofit organizations will be e-filing for the first time. To help groups navigate the e-filing process, the Aspen Institute’s Program on Philanthropy and Social Innovation (PSI) created an introductory brochure.

One of the greatest sources of information on the nonprofit sector is the Form 990, which nonprofit organizations are required to file annually with the Internal Revenue Service (IRS) and make public upon request. The Taxpayer First Act, signed into law on July 1st, 2019, mandates electronic filing, or e-filing, of the Form 990. The IRS must also make e-filed returns available in a “machine-readable” format, enabling the public to access and search these documents as never before. This brochure is intended as a general introduction to the e-filing process. This communication is provided by the Aspen Institute for informational purposes only and does not constitute the rendering of legal, accounting, or other professional services. For questions regarding your organization’s specific circumstances, please consult a professional.

Click here to view the brochure.

Source: The Aspen Institute