Project 3: Analysis of the Form 990 for Not-for-Profits (NFPs) (10%)
1. Select a recent IRS Form 990 for a NFP entity. Present your choice in the conference set up for same for approval by stating the NFP’s name in the conference, and uploading / attaching the NFP’s most recent Form 990 in PDF format. Only approved entities / Form 990s will be accepted.
2. 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.
3. Prepare a paper on the Form 990 to include the following: a. A brief overview of your entity. b. Discuss what a Form 990 is, what is its focus, what are its major sections and requirements, and what it’s intended to do. c. 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.). d. 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.
4. Your deliverable is to be three pages in length (~1,000 words), single-spaced, double spacing between paragraphs, one inch margins and a font size of 10 – 12 points. Include a cover page and works cited section. In-text citations for all facts must be included and done per APA standards. The paper is to be uploaded through your assignment folder only in a single Word document with only “YourName.doc(x)” as the file name. There are to be no active hyperlinks anywhere in the submission.
5. Points will be deducted for failing to adhere to these requirements, especially the 4 requirements in part 3.
6. Please refer to the grading matrix for how your performance will be evaluated. 7. Form 990s can be found through www.candid.org