What are form 990s major sections and requirements


Homework

Length: 3 to 5 pages (~1,000 to 1,800 words).

These reports concentrate on forms, not transactional accounting. These papers require research outside the class environment. These papers serve in part as an introduction to the topics of government accounting, which is why they are required prior to work on more detailed accounting and rules.

Project: Analysis of the Form 990 for Not-for-Profits (NFPs)

Entity: Christian Civic League of Maine

Explore the concepts of the class material relating to NFPs and Form 990s. You must find and review / read outside literature on these subjects as well and use and reference them in your paper.

Prepare a paper on the Form 990 to include the following:

• A brief overview of your entity.

• Discuss what a Form 990 is, what is its focus, what are its major sections and requirements, and what it's intended to do.

• Discuss who are the Form 990's actual intended users - who and why is the form intended for (what is NOT expected is a fund-by-fund accounting of figures, performance, balances, etc.).

• Finally, compare the Form 990 to your NFP entity's annual report (if they don't have an annual report, find an annual report from another NFP) and discuss the different audiences / needs / users / purpose of same.

Format your homework according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, and typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

Attachment:- NFP-Christian-Civic-League-of-Maine.rar

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Accounting Basics: What are form 990s major sections and requirements
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