990 time

...a possibly useful tool for doing your 990, from an email I got by virtue of being on the NonProfit Quarterly's list:

Dear Michael,

I thought we might celebrate this festive season of tax returns by
urging you to file your organizational returns electronically this year. We
don't like to think of you sweating unnecessarily over this stuff so, at the
same time, we thought we'd make absolutely sure that you knew about the suite of
Turbo Tax-like services for nonprofit IRS returns produced by National Center
for Charitable Statistics (NCCS).

Here is what Tom Pollak, NCCS program director tells us about these
online tools.

"The National Center for Charitable Statistics at the Urban Institute
provides 990 Online, an easy-to-use
Web-based system for preparing your IRS Form 990, 990-EZ, or request for
extension. Returns can be e-filed directly with the IRS and participating states
or you can print and mail your return and save an electronic version for
distribution to your board, donors or others. The system automatically
calculates totals and creates the schedules and attachments that you need to
complete. Users range from the smallest organizations to those with revenues or
assets in the billions. The service is completely free for organizations with
less than $100,000 in gross receipts and we have a sliding scale for larger
organizations ranging from $25 to $75."

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Stay tuned for further information about next year's 990, the long-awaited new 990, which will have some very dramatic differences from the current form.