Blank IRS 990-EZ Template

The IRS 990-EZ form is a simplified version of the standard Form 990, designed for small tax-exempt organizations to report their financial information to the Internal Revenue Service. It provides a streamlined format for reporting income, expenses, and various activities while ensuring compliance with federal tax regulations. Completing this form helps maintain transparency and accountability in nonprofit operations.

Learn how to fill out the form accurately by clicking the button below.

Article Guide

The IRS 990-EZ form serves as a vital tool for many small to medium-sized tax-exempt organizations, providing a streamlined method to report their financial activities. This form is typically used by organizations that have annual gross receipts between $200,000 and $500,000, or total assets of less than $500,000 at the end of the year. In essence, it offers a simplified alternative to the more complex 990 form, enabling organizations to showcase their financial health, activities, and governance practices in a straightforward manner. The 990-EZ requires detailed information about the organization's revenue, expenses, and net assets, reflecting its overall financial position. Moreover, it mandates disclosures about key personnel, public support, and program activities, ensuring transparency and accountability. As tax-exempt organizations play a significant role in addressing community needs, understanding and accurately completing the 990-EZ is essential for compliance. Not only does it fulfill legal obligations, but it also aids in building trust with stakeholders, donors, and the public alike.

Form Sample

Form 990-EZ

Department of the Treasury Internal Revenue Service

Short Form

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form, as it may be made public. Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public

Inspection

A For the 2019 calendar year, or tax year beginning		, 2019, and ending		, 20
B Check if applicable:	C Name of organization			D Employer identification number
Address change

Name change	Number and street (or P.O. box if mail is not delivered to street address)		Room/suite	E Telephone number
Initial return
Final return/terminated
Final return/terminated	City or town, state or province, country, and ZIP or foreign postal code			F Group Exemption
Amended return				F Group Exemption
Amended return				Number
Application pending				Number

G Accounting Method:	Cash	Accrual	Other (specify)
I Website:
J Tax-exempt status (check only one) —		501(c)(3)	501(c) (	) (insert no.)	4947(a)(1) or	527

H Check

if the organization is not

required to attach Schedule B (Form 990, 990-EZ, or 990-PF).

K Form of organization:

Corporation

Trust

Association

Other

LAdd lines 5b, 6c, and 7b to line 9 to determine gross receipts. If gross receipts are $200,000 or more, or if total assets

(Part II, column (B)) are $500,000 or more, file Form 990 instead of Form 990-EZ	$

Part I Revenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I)

Check if the organization used Schedule O to respond to any question in this Part I . . . . . . . . . .

Revenue

Net Assets Expenses

1	Contributions, gifts, grants, and similar amounts received . . . .	. . . . . . . . .		1
2	Program service revenue including government fees and contracts	. . . . . . . . .		2
3	Membership dues and assessments	. . . . . . . . .		3
4	Investment income	. . . . . . . . .		4
5a	Gross amount from sale of assets other than inventory . . . .		5a
b	Less: cost or other basis and sales expenses		5b
c	Gain or (loss) from sale of assets other than inventory (subtract line 5b from line 5a) . . . .			5c

6Gaming and fundraising events:

aGross income from gaming (attach Schedule G if greater than

	$15,000)		6a
b	Gross income from fundraising events (not including $		of contributions
	from fundraising events reported on line 1) (attach	Schedule G if the
	sum of such gross income and contributions exceeds $15,000) . .		6b
c	Less: direct expenses from gaming and fundraising events . . .		6c

dNet income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract

	line 6c)	. . . . . . . .	6d
7a	Gross sales of inventory, less returns and allowances	7a
b	Less: cost of goods sold	7b
c	Gross profit or (loss) from sales of inventory (subtract line 7b from line 7a)		7c
8	Other revenue (describe in Schedule O)	. . . . . . . .	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8	. . . . . . .	9
10	Grants and similar amounts paid (list in Schedule O)	. . . . . . . .	10
11	Benefits paid to or for members	. . . . . . . .	11
12	Salaries, other compensation, and employee benefits	. . . . . . . .	12
13	Professional fees and other payments to independent contractors . .	. . . . . . . .	13
14	Occupancy, rent, utilities, and maintenance	. . . . . . . .	14
15	Printing, publications, postage, and shipping	. . . . . . . .	15
16	Other expenses (describe in Schedule O)	. . . . . . . .	16
17	Total expenses. Add lines 10 through 16	. . . . . . .	17
18	Excess or (deficit) for the year (subtract line 17 from line 9) . . . .	. . . . . . . .	18

19Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

	end-of-year figure reported on prior year’s return)	19
20	Other changes in net assets or fund balances (explain in Schedule O)	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20	21

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 10642I

Form 990-EZ (2019)

Form 990-EZ (2019)					Page 2
Part II		Balance Sheets (see the instructions for Part II)
		Check if the organization used Schedule O to respond to any question in this Part II
			(A) Beginning of year		(B) End of year

22	Cash, savings, and investments			22
23	Land and buildings			23
24	Other assets (describe in Schedule O)			24
25	Total assets			25
26	Total liabilities (describe in Schedule O)			26
27	Net assets or fund balances (line 27 of column (B) must agree with line 21) . .			27

Part III Statement of Program Service Accomplishments (see the instructions for Part III)

		Check if the organization used Schedule O to respond to any question in this Part III . .				Expenses
					(Required for section
What is the organization’s primary exempt purpose?					(Required for section
What is the organization’s primary exempt purpose?					501(c)(3) and 501(c)(4)
					501(c)(3) and 501(c)(4)
Describe the organization’s program service accomplishments for each of its three largest program services,					organizations; optional for
as measured by expenses. In a clear and concise manner, describe the services provided, the number of					others.)
persons benefited, and other relevant information for each program title.
28
		(Grants $	)	If this amount includes foreign grants, check here . . . .	28a
29
		(Grants $	)	If this amount includes foreign grants, check here . . . .	29a
30
		(Grants $	)	If this amount includes foreign grants, check here . . . .	30a
31		Other program services (describe in Schedule O)
	(Grants $		)	If this amount includes foreign grants, check here . . . .	31a
32		Total program service expenses (add lines 28a through 31a)			32

Part IV List of Officers, Directors, Trustees, and Key Employees (list each one even if not compensated—see the instructions for Part IV)

Check if the organization used Schedule O to respond to any question in this Part IV . . . . . . . . .

(a)Name and title

(b)Average hours per week

devoted to position

(c) Reportable	(d) Health benefits,	(e) Estimated amount of
compensation	contributions to employee	(e) Estimated amount of
(Forms W-2/1099-MISC)	benefit plans, and	other compensation
(if not paid, enter -0-)	deferred compensation

Form 990-EZ (2019)


Form 990-EZ (2019)		Page 3
Part V	Other Information (Note the Schedule A and personal benefit contract statement requirements in the
	instructions for Part V.) Check if the organization used Schedule O to respond to any question in this Part V .
		Yes No

33Did the organization engage in any significant activity not previously reported to the IRS? If “Yes,” provide a

detailed description of each activity in Schedule O

34Were any significant changes made to the organizing or governing documents? If “Yes,” attach a conformed copy of the amended documents if they reflect a change to the organization’s name. Otherwise, explain the

change on Schedule O. See instructions	34
35a Did the organization have unrelated business gross income of $1,000 or more during the year from business
activities (such as those reported on lines 2, 6a, and 7a, among others)?	35a
b If “Yes” to line 35a, has the organization filed a Form 990-T for the year? If “No,” provide an explanation in Schedule O	35b

cWas the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization subject to section 6033(e) notice,

reporting, and proxy tax requirements during the year? If “Yes,” complete Schedule C, Part III

35c

36Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets

during the year? If “Yes,”

complete applicable parts of Schedule N

. . . . . .

37a

Enter amount of political expenditures, direct or indirect, as described in the instructions

37a

Did the organization file Form 1120-POL for this year?

. . . . . .

37b

38a

Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee; or were

any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? .

38a

If “Yes,” complete Schedule L, Part II, and enter the total amount involved . . . .

38b

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on line 9

39a

Gross receipts, included on line 9, for public use of club facilities

39b

40a

Section 501(c)(3) organizations. Enter amount of tax imposed on the organization during the year under:

section 4911

; section 4912

; section 4955

bSection 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in any section 4958

excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year
that has not been reported on any of its prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I			40b
c Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Enter amount of tax imposed
on organization managers or disqualified persons during the year under sections 4912,
4955, and 4958

d Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Enter amount of tax on line
40c reimbursed by the organization

eAll organizations. At any time during the tax year, was the organization a party to a prohibited tax shelter

	transaction? If “Yes,” complete Form 8886-T			40e
41	List the states with which a copy of this return is filed
42a	The organization’s books are in care of	Telephone no.
b	Located at	ZIP + 4
b	At any time during the calendar year, did the organization have an interest in or a signature or other authority		over		Yes	No
	a financial account in a foreign country (such as a bank account, securities account, or other financial account)?			42b
	If “Yes,” enter the name of the foreign country

	See the instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and
	Financial Accounts (FBAR).
c	At any time during the calendar year, did the organization maintain an office outside the United States? .			42c
	If “Yes,” enter the name of the foreign country

43	Section 4947(a)(1) nonexempt charitable trusts filing Form 990-EZ in lieu of Form 1041—Check here
	and enter the amount of tax-exempt interest received or accrued during the tax year .	. . . .	43
					Yes	No
44a	Did the organization maintain any donor advised funds during the year? If “Yes,” Form 990 must be
	completed instead of Form 990-EZ			44a

bDid the organization operate one or more hospital facilities during the year? If “Yes,” Form 990 must be

completed instead of Form 990-EZ	44b
c Did the organization receive any payments for indoor tanning services during the year?	44c

dIf “Yes” to line 44c, has the organization filed a Form 720 to report these payments? If “No,” provide an

explanation in Schedule O	44d
45a Did the organization have a controlled entity within the meaning of section 512(b)(13)?	45a

bDid the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” Form 990 and Schedule R may need to be completed instead of

Form 990-EZ. See instructions

45b

Form 990-EZ (2019)

Page 4

46Did the organization engage, directly or indirectly, in political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I . . . . . . . . . . . . .

Yes No

Part VI Section 501(c)(3) Organizations Only

All section 501(c)(3) organizations must answer questions 47–49b and 52, and complete the tables for lines 50 and 51.

Check if the organization used Schedule O to respond to any question in this Part VI . . . . . . . . .

Yes No

47Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax

	year? If “Yes,” complete Schedule C, Part II	47
48	Is the organization a school as described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E . . . .	48
49a	Did the organization make any transfers to an exempt non-charitable related organization?	49a
b	If “Yes,” was the related organization a section 527 organization?	49b

50Complete this table for the organization’s five highest compensated employees (other than officers, directors, trustees, and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter “None.”

	(b) Average	(c) Reportable	(d) Health benefits,	(e) Estimated amount of
(a) Name and title of each employee	(b) Average	(c) Reportable	contributions to employee
	hours per week	compensation	contributions to employee
	hours per week	compensation	benefit plans, and deferred	other compensation
	devoted to position	(Forms W-2/1099-MISC)	benefit plans, and deferred	other compensation
			compensation

f Total number of other employees paid over $100,000 . . . .

51Complete this table for the organization’s five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter “None.”

(a)Name and business address of each independent contractor

(b)Type of service

(c)Compensation

d Total number of other independent contractors each receiving over $100,000 . .

52Did the organization complete Schedule A? Note: All section 501(c)(3) organizations must attach a completed Schedule A . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign

Here

Paid

Preparer

Use Only

Signature of officer

Date

Type or print name and title

Print/Type preparer’s name

Preparer’s signature

Date

Check

PTIN

self-employed

Firm’s name

Firm’s EIN

Firm’s address

Phone no.

May the IRS discuss this return with the preparer shown above? See instructions . . . . . . . . . .

Yes

Form 990-EZ (2019)

⇩ PDF

Document Specifications

Fact Name	Description
Purpose	The IRS 990-EZ form is used by tax-exempt organizations to report their financial activities.
Eligibility	Organizations with gross receipts less than $200,000 and total assets under $500,000 can file this form.
Filing Deadline	The 990-EZ must be filed by the 15th day of the 5th month after the end of the organization’s fiscal year.
Extensions	Organizations can apply for a 6-month extension using Form 8868.
State Requirements	Some states require a copy of the 990-EZ for state income tax filings; check your specific state's requirements.
Public Disclosure	The completed 990-EZ form is publicly available and should be disclosed upon request.
Penalty for Not Filing	Organizations that fail to file the form may face penalties and risk losing their tax-exempt status.
Schedule A Attachment	If the organization is a charity, it must attach Schedule A to the 990-EZ to maintain its tax-exempt status.
Tax Identification Number	Every organization must provide its Employer Identification Number (EIN) on the form.

Steps to Filling Out IRS 990-EZ

Filling out the IRS 990-EZ form requires careful attention to detail and accuracy. Ensuring all necessary information is provided will ease the submission process. Here are the steps to effectively fill out the form.

Start by obtaining a copy of the IRS 990-EZ form. You can download it directly from the IRS website or obtain a hard copy through mail.
At the top of the form, fill in your organization’s name, address, and Employer Identification Number (EIN).
Indicate the period the form covers. This is typically a 12-month period.
In Part I, provide the total revenue, expenses, and net assets of your organization. Ensure that all figures are accurate.
Move to Part II, where you will list your organization’s functional expenses. Categorize these accurately based on the specific activities.
Complete Part III, detailing the organization’s revenue sources. Include any contributions, grants, and other income.
Proceed to Part IV. Answer questions regarding your organization’s activities. Be honest and thorough, as this may impact your nonprofit status.
If applicable, complete Schedule A to provide additional information related to public support. This is crucial for maintaining your tax-exempt status.
Review the form for accuracy. Ensure all financial data aligns with your records to prevent discrepancies.
Submit the form as instructed. Pay attention to the submission deadline, as late filings can incur penalties.

More About IRS 990-EZ

What is the IRS 990-EZ form?

The IRS 990-EZ form is a short version of the IRS Form 990, which is used by tax-exempt organizations to report their annual financial information. It is specifically designed for organizations with gross receipts under a certain threshold, making it easier to file than the full Form 990.

Who needs to file the 990-EZ form?

What is the deadline for filing the IRS 990-EZ form?

The IRS 990-EZ form is due on the 15th day of the 5th month after the end of the organization's tax year. For most organizations that operate on a calendar basis, this means the form is typically due on May 15th. Extensions may be requested using Form 8868.

What information is required on the 990-EZ form?

The form requires information such as the organization's mission, a summary of revenue and expenses, a detailed list of assets, and a report on contributions and grants. It also includes questions about the governance, management, and any changes that occurred during the tax year.

Can electronic filing be done for the 990-EZ form?

What are the penalties for not filing the 990-EZ?

What can organizations do if they miss the filing deadline?

Is there a difference between the 990-EZ and 990-N forms?

How can an organization find assistance with completing the 990-EZ form?

Common mistakes

Omitting Financial Information: Many organizations fail to include comprehensive financial data. This omission can lead to discrepancies in reporting income and expenses.
Incorrect or Missing Employer Identification Number (EIN): Some filers do not accurately enter their EIN. This error can cause complications with the IRS and may delay processing.
Inaccurate Description of Activities: A vague or incorrect description of the organization's mission and activities can mislead the IRS. Clarity is crucial for accurately representing your nonprofit's purpose.
Failure to Report Changes in Leadership: Changes in officers or board members must be reported on the form. Failing to do so may raise questions about governance and compliance.
Neglecting to Sign and Date the Return: A common oversight is forgetting to sign and date the form. An unsigned form is considered incomplete and may be rejected.
Forgetting to Attach Required Schedules: Certain organizations need to include additional schedules along with Form 990-EZ. Not providing these attachments can lead to an incomplete filing.
Misclassifying Income or Expenses: Misunderstanding what qualifies as income or an expense can result in incorrect reporting. This misclassification potentially affects the organization's tax status.

Documents used along the form

The IRS 990-EZ form is a crucial document for many organizations, primarily those classified as tax-exempt by the IRS. Alongside this form, several other documents are frequently utilized to provide a comprehensive overview of an organization’s financial health and compliance status. Below is a list of commonly associated forms and documents.

IRS Form 990: This form serves as the full version of the 990-EZ and is required for larger organizations earning over $200,000 in gross receipts or holding more than $500,000 in total assets. It offers detailed information about the organization’s financial activities, governance, and operations.
IRS Form 990-N (e-Postcard): Smaller tax-exempt organizations, with gross receipts of $50,000 or less, can file this simplified form. The 990-N is submitted electronically and provides basic information about the organization to maintain its tax-exempt status.
IRS Form 1023: This application for tax-exempt status must be filed by organizations seeking to operate as a 501(c)(3) entity. It requires an extensive description of the organization’s purpose, planned activities, and structure to qualify for federal tax exemption.
Schedule A (Form 990 or 990-EZ): This supplementary form is essential for organizations that want to demonstrate their public charity status. It offers insights into the organization's sources of income and the percentage of funds derived from public support, which is vital for compliance with public charity requirements.

Accurate completion and submission of these documents ensure compliance with IRS regulations and demonstrate transparency in financial activities. Organizations should understand the necessity of each form and ensure they are filed correctly and on time to maintain their tax-exempt status.

Similar forms

The IRS 990 form is the standard annual reporting document that tax-exempt organizations use to provide information about their financial activities. Similar to the 990-EZ, the 990 is a more detailed form that larger organizations must file. Both forms require organizations to report income, expenses, and program services, helping to maintain transparency and accountability. While the 990-EZ is tailored for smaller organizations, the 990 captures a comprehensive view of an organization's financial standing.

The IRS 990-PF form serves as an annual return for private foundations. Like the 990-EZ, it includes financial information and details on grants made during the year. The commonality lies in the objective of maintaining public trust through disclosure of financial activities. Private foundations use the 990-PF to comply with tax regulations, while smaller non-profits use the 990-EZ, ensuring both are committed to public accountability.

The IRS 501(c)(3) application is crucial for organizations seeking tax-exempt status. It is similar to the 990-EZ because it outlines essential financial and operational information. While the 501(c)(3) application is the initial step for obtaining tax-exempt status, the 990-EZ acts as a follow-up, providing ongoing financial transparency. Both documents encourage organizations to uphold their mission and remain accountable to the public.

The state-level charity registration forms are required for organizations soliciting donations within specific states. These forms resemble the 990-EZ in that they require financial data and descriptions of programs. They serve the same purpose: ensuring that organizations are transparent about their use of funds and that they adhere to state regulations regarding fundraising activities. Both types of documents help protect the interests of donors and the public.

The IRS Form 1023 is the application for recognition of exemption from federal income tax for 501(c)(3) organizations. The 1023 and the 990-EZ share a focus on the organization's finances and programs. The 1023 establishes the organization's eligibility for tax-exempt status, while the 990-EZ ensures continued compliance by providing a financial snapshot of the organization’s operations annually. Both forms contribute to maintaining a clear public record of nonprofit activities.

The IRS Schedule A is an attachment for the 990 and 990-EZ forms that provides additional information about the organization’s public charity status and financial activities. It complements the 990-EZ by detailing the sources of funding and how they are utilized. Like the 990-EZ, Schedule A’s purpose is to ensure transparency and proper classification of the organization’s charitable status, reinforcing the commitment to integrity in operations.

The IRS Form 990-T is used by tax-exempt organizations to report unrelated business income (UBI). Similar to the 990-EZ, it requires financial disclosures, but focuses specifically on income that does not directly relate to the organization’s tax-exempt purpose. By filing both forms, an organization demonstrates its adherence to tax rules while maintaining transparency in its overall financial reporting.

The IRS Form 8872 is required for organizations engaged in political activities and is similar to the 990-EZ in that both require transparency regarding funding sources and expenditures. While the 990-EZ focuses on nonprofit activities, the 8872 ensures organizations involved in political spending disclose their activities to the public, thus promoting accountability and ethical fundraising practices.

The IRS Form 990-N, also known as the e-Postcard, is a simplified version for small tax-exempt organizations with gross receipts under a certain threshold. Like the 990-EZ, the 990-N keeps organizations accountable by requiring them to report basic financial information annually. Although it is less detailed, both forms aim to promote transparency and maintain a public record of each organization’s financial health.

The IRS Annual Information Return for Non-Profits (Form 990-Short Form) has been developed for certain organizations that qualify for a streamlined reporting process. Much like the 990-EZ, the short form requires essential information about the organization’s finances while relieving smaller entities from the burden of cumbersome reporting. Both forms reflect a commitment to transparency and responsible management within the nonprofit sector.

Dos and Don'ts

Filling out the IRS 990-EZ form can seem daunting, but keeping a few simple guidelines in mind can make the process smoother. Below are some essential dos and don'ts to consider.

Do read the instructions carefully. Understanding the form and what is required can prevent mistakes.
Don't rush through the process. Take your time to ensure all information is accurate.
Do provide complete and truthful information. Incomplete or false data can lead to penalties.
Don't overlook financial statements. Attach them as required and ensure they are up to date.
Do double-check your figures. Simple calculation errors can impact your filing.
Don't forget to sign and date the form. An unsigned form is invalid and can delay processing.
Do maintain copies of the form and all supporting documents. Keeping proper records is essential for future reference.
Don't hesitate to seek help if needed. Professional assistance can clarify any uncertainties you might have.

Misconceptions

Misconception 1: The 990-EZ is only for large organizations.

This form is designed for smaller tax-exempt organizations. If your gross receipts are under $200,000 and total assets are below $500,000, you can file the 990-EZ.

Misconception 2: Filing the 990-EZ is optional for nonprofits.

Most nonprofits are required to file either a 990 or 990-EZ every year. Failure to file can lead to penalties or loss of tax-exempt status.

Misconception 3: 990-EZ requires detailed financial statements.

While it includes some financial information, the 990-EZ is simpler than the full IRS Form 990. It has streamlined reporting requirements.

Misconception 4: Organizations can skip the 990-EZ if they had no income.

Even if there was no income, organizations must still file the 990-EZ or another appropriate form to maintain compliance with IRS rules.

Misconception 5: The 990-EZ can be filed anytime during the year.

Nonprofits must file the 990-EZ by the 15th day of the fifth month after their fiscal year ends. Extensions may be available, but deadlines are crucial.

Misconception 6: 990-EZ is only for charities.

While many charities use it, other types of tax-exempt organizations, like social clubs and certain educational entities, may also file the 990-EZ.

Misconception 7: Public can’t access 990-EZ filings.

All 990-EZ forms are publicly available. Interested individuals can view them online through various nonprofit databases for transparency.

Key takeaways

The IRS 990-EZ form is an important document for small tax-exempt organizations. Here are some key takeaways to consider when filling it out and using it:

Eligibility: Only certain organizations with gross receipts under a specific threshold can use the 990-EZ form instead of the longer Form 990. Make sure your organization qualifies.
Accurate Reporting: Provide truthful and accurate information about your organization’s finances. Misreporting can lead to penalties or loss of tax-exempt status.
Deadline Awareness: Be aware of the filing deadlines. Typically, organizations must submit the 990-EZ within 5 months after the end of their fiscal year.
Public Disclosure: The form becomes a public document after filing. This means anyone can request it, enhancing transparency but also requiring you to maintain high reporting standards.

Filling out the IRS 990-EZ form can seem daunting, but paying close attention to these key areas will help ensure compliance and proper reporting for your organization.