The Internal Revenue Service requires 501© nonprofit organizations to file a “Return of Organization Exempt From Income Tax” on Form 990.  Prepared annually, form 990s can provide local agencies considering collaborations with nonprofis a sense of a given nonprofit’s financial health and governance practices.

Draft Institute Guide Available for Peer Review

What should a local agency look for in reviewing a nonprofit’s 990?  The draft guide in the pod at right offers some ideas. 

990 and Nonprofit Collaboration Experts:  Please share your input and feedback on this guide with the Institute!  Comments and suggestions may be shared with JoAnne Speers at jspeers@ca-ilg.org.  The Institute will publicly thank all who contribute to the final document.

Sponsor Sought

The Institute is seeking a financial sponsor for the finished product; sponsorship includes League partner benefits for 2011. Please contact Kelly Plag at kplag@ca-ilg.org for more information about becoming an ILG/LCC partner and this particular opportunity. 

Where to Find a Particular Organization’s 990

• National Center for Charitable Statistics
• Guidestar

Note that the Institute’s 2010 990 is posted on the right.