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What's a 990 form? A charity accounting expert explains

By Sarah Webber, Associate Professor of Accounting, University of Dayton

Most tax-exempt nonprofits must file a 990 form with the Internal Revenue Service every year, typically in mid-May.

The 990 is purely informational. Nonprofits commit to serve an “approved purpose” – such as fighting bigotry, protecting animal welfare or sheltering the homeless – and meeting other eligibility…

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