{"id":5550,"date":"2015-05-01T15:18:32","date_gmt":"2015-05-01T20:18:32","guid":{"rendered":"http:\/\/www.gnof.org\/?p=5550"},"modified":"2016-03-04T11:29:54","modified_gmt":"2016-03-04T17:29:54","slug":"the-form-990-its-more-than-a-required-tax-form","status":"publish","type":"post","link":"https:\/\/staging.communify.me\/gnof\/the-form-990-its-more-than-a-required-tax-form\/","title":{"rendered":"The Form 990: It’s more than a required tax form"},"content":{"rendered":"

The Greater New Orleans Foundation Organizational Effectiveness Initiative (OE) partnered with\u00a0LaPorte CPAs & Business Advisors on a workshop on how to maximize the Form 900 to tell your nonprofit story.\u00a0<\/strong>The Form 990, Return of Organization Exempt From Income Tax<\/em>, was expanded and revised beginning in 2008 tax years to ensure that nonprofits follow the policy requirements imposed by the Sarbanes-Oxley Act.\u00a0The Form 990 is intended to make nonprofits transparent, efficient, and use good governance practices.\u00a0 It is also a nonprofit\u2019s annual report to the community. If it is prepared effectively, the Form 990 can communicate a compelling mission, provide insight into the organization\u2019s operations, and convey that best practices are being implemented. However, if it is not prepared well, it can provide information to the IRS that an examination is warranted. Even if the IRS doesn\u2019t warrant examination, the public may call into question your activities and expenditures.<\/p>\n

Resources from\u00a0the Form 990: It’s more than a required tax form:<\/strong><\/p>\n