Why should I file an IRS 990-EZ if my total income is under $50,000?

Why should I file an IRS 990-EZ if my total income is under $50,000?

As a nonprofit consultant, we often advise filing the IRS 990-EZ Voluntary instead of the 990-N to be transparent with the public. Your 990 is more than just a mandatory filing⁠—it is the face of your organization and an opportunity to show the public that your organization is well organized. 

The IRS 990-EZ itemizes financial data for public inspection, while the IRS 990-N filing does not. Also, many states require a Form 990 to be filed along with annual solicitation renewals and will not accept the 990- N to meet this requirement. Further, major donors and foundation grantmakers often rely on reviewing the IRS 990 filings of nonprofits to make giving decisions.

If you are still interested in the 990-N, please fill out our Evaluation Tool.

Explore our services for your specific form 990 requirements below.

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