Instructions for Form 990
Return of Organization Exempt From Income Tax - Additional Material
Words in bold within a definition are defined elsewhere within the Glossary.
All section references are to the Internal Revenue Code (Title 26 of U.S. Code) or regulations under Title 26, unless otherwise
Definitions are for purposes of filing Form 990 (and Schedules) only.
35% controlled entity
An entity that is owned, directly or indirectly (for example, under constructive ownership rules of section 267(c)), by a
given person, such as the organization's current or former officers, directors, trustees,
or key employees
listed in Form 990, Part VII, Section 1, or the family members
thereof (listed persons) as follows:
A corporation in which listed persons own more than 35% of the total combined voting power;
A partnership in which listed persons own more than 35% of the profits interest; or
A trust or estate in which listed persons own more than 35% of the beneficial interest.
A reimbursement or other expense allowance arrangement that satisfies the requirements of section 62(c) by meeting the requirements
of business connection, substantiation, and returning amounts in excess of substantiated expenses. See Regulations section
Activities conducted outside the United States
For purposes of Schedule F (Form 990), Statement of Activities Outside the United States, include grantmaking, fundraising, unrelated trade or business
, program services, program-related investments,
other investments, or maintaining offices, employees, or agents
in particular regions outside the United States
Applicable tax-exempt organization
A section 501(c)(3), 501(c)(4), or 501(c)(29) organization that is tax-exempt under section 501(a), or that was such an organization
at any time during the 5-year period ending on the day of the excess benefit transaction
See works of art.
See FIN 48 (ASC 740).
A formal examination of an organization's financial records and practices by an independent, certified public accountant with
the objective of issuing a report on the organization's financial statements as to whether those statements are fairly stated
according to generally accepted accounting principles (or other recognized comprehensive basis of accounting).
Audited financial statements
Financial statements accompanied by a formal opinion or report prepared by an independent, certified public accountant with
the objective of assessing the accuracy and reliability of the organization's financial statements.
A committee, generally established by the governing body
of an organization, with the responsibilities to oversee the organization's financial reporting process, monitor choice of
accounting policies and principles, monitor internal control processes, or oversee hiring and performance of any external
A game of chance played with cards that are generally printed with five rows of five squares each. Participants place markers
over randomly called numbers on the cards in an attempt to form a pre-selected pattern such as a horizontal, vertical, or
diagonal line, or all four corners. The first participant to form the pre-selected pattern wins the game. To be a bingo game,
the game must be of the type described in which wagers are placed, winners are determined, and prizes or other property are
distributed in the presence of all persons placing wagers in that game. Satellite, internet, and progressive bingo are not
bingo, because they are conducted in many different places simultaneously, and the winners are not all present when the wagers
are placed, the winners are determined, and the prizes are distributed. Thus, revenue and expenses associated with satellite,
internet, and progressive bingo should be included under pull tabs
. Certain consolation bingo games within a progressive bingo game can also qualify as bingo.
An issue of two or more bonds that are:
Sold at substantially the same time;
Sold under the same plan of financing; and
Payable from the same source of funds.
See Regulations section 1.150-1(c).
For purposes of Part VI, line 2, business relationships between two persons include the following.
One person is employed by the other in a sole proprietorship or by an organization with which the other is associated as a
trustee, director, officer, or greater-than-35% owner.
One person is transacting business with the other (other than in the ordinary course of either party's business on the same
terms as are generally offered to the public), directly or indirectly, in one or more contracts of sale, lease, license, loan,
performance of services, or other transaction involving transfers of cash or property valued in excess of $10,000 in the aggregate
during the organization's tax year. Indirect transactions are transactions with an organization with which the one person
is associated as a trustee, director, officer, or greater-than-35% owner. Such transactions do not include charitable contributions
to tax-exempt organizations.
The two persons are each a director, trustee, officer, or greater-than-10% owner in the same business or investment entity
(but not in the same tax-exempt organization).
Ownership is measured by stock ownership (either voting power or value) of a corporation, profits or capital interest in a
partnership or limited liability company, membership interest in a nonprofit organization, or beneficial interest in a trust.
Ownership includes indirect ownership (for example, ownership in an entity that has ownership in the entity in question);
there can be ownership through multiple tiers of entities.
received in the form of cash, checks, money orders, credit card charges, wire transfers, and other transfers and deposits
to a cash account of the organization.
The organization, sometimes referred to as the parent organization, that holds a group exemption
letter for one or more subordinate organizations
under its general supervision and control.
CEO, executive director, or top management official
See top management official
” stands for chief executive officer.
Certified historic structure
Any building or structure listed in the National Register of Historic Places as well as any building certified as being of
historic significance to a registered historic district. See section 170(h)(4)(B) for special rules that apply to contributions
made after August 17, 2006.
Certain characteristics are generally attributed to churches. These attributes of a church have been developed by the IRS
and by court decisions. They include: distinct legal existence; recognized creed and form of worship; definite and distinct
ecclesiastical government; formal code of doctrine and discipline; distinct religious history; membership not associated with
any other church or denomination; organization of ordained ministers; ordained ministers selected after completing prescribed
courses of study; literature of its own; established places of worship; regular congregations; regular religious services;
Sunday schools for the religious instruction of the young; schools for the preparation of its ministers. The IRS generally
uses a combination of these characteristics, together with other facts and circumstances, to determine whether an organization
is considered a church for federal tax purposes. A convention or association of churches is generally treated like a church
for federal tax purposes. See Pub. 1828, Tax Guide for Churches and Religious Organizations.
Closely held stock
Generally, shares of stock in a closely held company that is not available for sale to the general public or which is not
widely traded (see further explanation in the instructions for Part X, line 12 and Schedule M (Form 990), Noncash Contributions,
Include autographs, sports memorabilia, dolls, stamps, coins, books (other than books and publications reported on line 4
of Schedule M), gems, and jewelry (other than costume jewelry reportable on line 5 of Schedule M).
Collections of works of art, historical treasures, and other similar assets
Include collections, as described in SFAS 116
(ASC 958–360–20), of works of art
, historical treasures
, and other similar assets held for public exhibition, education, or research in furtherance of public service.
Unless otherwise provided, all forms of cash and noncash payments or benefits provided in exchange for services, including
salary and wages, bonuses, severance payments, deferred payments, retirement benefits, fringe benefits, and other financial
arrangements or transactions such as personal vehicles, meals, housing, personal and family educational benefits, below-market
loans, payment of personal or family travel, entertainment, and personal use of the organization's property. Compensation
includes payments and other benefits provided to both employees
and independent contractors
in exchange for services. See also deferred compensation
, nonqualified deferred compensation
, and reportable compensation
Compilation (compiled financial statements)
A compilation is a presentation of financial statements
and other information that is the representation of the management or ownership of an organization and which has not been
reviewed or audited by an independent accountant.
Conflict of interest policy
A policy that defines conflict of interest, identifies the classes of individuals within the organization covered by the policy,
facilitates disclosure of information that can help identify conflicts of interest, and specifies procedures to be followed
in managing conflicts of interest. A conflict of interest arises when a person in a position of authority over an organization,
such as an officer
, or manager, can benefit financially from a decision he or she could make in such capacity, including indirect benefits such
as to family members
or businesses with which the person is closely associated. For this purpose, a conflict of interest does not include questions
involving a person's competing or respective duties to the organization and to another organization, such as by serving on
the boards of both organizations, that do not involve a material financial interest of, or benefit to, such person. For a
description of “conflict of interest
” for purposes of determining whether governing body
members who are reviewing a potential excess benefit transaction
have a conflict of interest, pursuant to Regulations section 53.4958-6(c)(1)(iii), see instructions for Part VI, line 15.
A restriction (granted in perpetuity) on the use that may be made of real property granted exclusively for conservation purposes.
Conservation purposes include preserving land areas for outdoor recreation by, or for the education of, the general public;
protecting a relatively natural habitat of fish, wildlife, or plants, or a similar ecosystem; preserving open space, including
farmland and forest land, where such preservation will yield a significant public benefit and is either for the scenic enjoyment
of the general public or pursuant to a clearly defined federal, state, or local governmental conservation policy; and preserving
a historically important land area or a certified historic structure. For more information see section 170(h) and Notice 2004-41,
2004-2 C.B. 31.
Unless otherwise provided, includes donations, gifts, bequests, grants, and other transfers of money or property to the extent
that adequate consideration is not provided in exchange and that the contributor intends to make a gift, whether or not made
for charitable purposes. A transaction can be partly a sale and partly a contribution, but discounts provided on sales of
goods in the ordinary course of business should not be reported as contributions. Neither donations of services (such as
the value of donated advertising space, broadcast air time, or discounts on services) nor donations of use of materials, equipment,
or facilities should be reported as contributions. For purposes of Form 990, a distribution to a section 501(c)(3) organization
from a split interest trust (for example, charitable remainder trust, charitable lead trust) is reportable as a contribution.
See also cash contributions
and noncash contributions.
For purposes of determining related organizations
An organization controlled by a controlling organization under section 512(b)(13)
. A controlled entity may be a nonprofit organization. For the definition of control in this context, see section 512(b)(13)(D)
and Regulations section 1.512(b)-1(l)(4) (substituting “more than 50%
” for “at least 80%
” in the regulation, for purposes of this definition). Controlled entities are a subset of related organizations
. For purposes of Form 990, controlled entities do not include disregarded entities
of the filing organization.
Controlling organization under section 512(b)(13)
An exempt organization that controls a controlled entity
. Section 512(b)(13) treats payments of interest, annuity, royalties, and rent from a controlled entity to a controlling organization
as unrelated business taxable income under certain circumstances. Control in this context means (i) in the case of a corporation,
ownership (by vote or value) of more than 50 percent of the stock in such corporation, (ii) in the case of a partnership,
ownership of more than 50 percent of the profits interests or capital interests in such partnership, or (iii) in any other
case, ownership of more than 50 percent of the beneficial interests in the entity. Section 318 (relating to constructive ownership
of stock) shall apply for purposes of determining ownership of stock in a corporation. Similar principles shall apply for
purposes of determining ownership of interests in any other entity.
The Form 990, Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except
for private foundations).
It does not include any schedules that may be attached to Form 990.
Credit counseling services
Include the providing of information to the general public on budgeting, personal finance, and saving and spending practices,
or assisting individuals and families with financial problems by providing them with counseling. See section 501(q)(4)(A).
The tax year
for which the Form 990 is being filed; see also fiscal year
Debt management plan services
Services related to the repayment, consolidation, or restructuring of a consumer's debt, including the negotiation with creditors
of lower interest rates, the waiver or reduction of fees, and the marketing and processing of debt management plans. See section
An irrevocable escrow established to redeem the bonds on their earliest call date in an amount that, together with investment
earnings, is sufficient to pay all the principal of, and interest and call premiums on, bonds from the date the escrow is
established to the earliest call date. See Regulations section 1.141-12(d)(5).
that is earned or accrued in, or is attributable to, one year and deferred to a future year for any reason, whether or not
funded, vested, qualified or nonqualified, or subject to a substantial risk of forfeiture. However, a deferral of compensation
that causes an amount to be deferred from the tax year to a date that is not more than 2 1/2 months after the end of the tax
year is not treated as deferred compensation for purposes of Form 990. Deferred compensation may or may not be included in
for the current year
See director or trustee
Director or trustee
Unless otherwise provided, a member of the organization's governing body
at any time during the tax year, but only if the member has any voting rights. A member of an advisory board that does not
exercise any governance authority over the organization is not considered a director or trustee.
A. For purposes of section 4958; Form 990, Parts IX and X; and Schedule L (Form 990 or 990-EZ), Transactions With Interested
Persons, Parts I and II, any person (including an individual, corporation, or other entity) who was in a position to exercise
substantial influence over the affairs of the applicable tax-exempt organization
at any time during a 5-year period ending on the date of the transaction. If the 5-year period ended within the organization's
, the organization may treat the person as a disqualified person for the entire tax year. Persons who hold certain powers,
responsibilities, or interests are among those who are in a position to exercise substantial influence over the affairs of
A disqualified person includes:
A disqualified person's family member,
A 35% controlled entity of a (1) disqualified person and/or (2) family members of the disqualified person,
A donor or donor advisor to a donor advised fund, or
An investment advisor of a sponsoring organization.
The disqualified persons
of a supported organization
include the disqualified persons of a section 509(a)(3) supporting organization
that supports the supported organization.
See Appendix G
for more information on disqualified persons
and section 4958 excess benefit transactions
B. Under section 4946, a disqualified person includes:
A substantial contributor, which is any person who gave an aggregate amount of more than $5,000, if that amount is more than
2% of the total contributions the foundation or organization received from its inception through the end of the year in which that person's contributions
were received. If the organization is a trust, a substantial contributor includes the creator of the trust (without regard
to the amount of contributions the trust received from the creator and related persons). Any person who is a substantial contributor
at any time generally remains a substantial contributor for all future periods even if later contributions by others push
that person's contributions below the 2% figure discussed above. Gifts from the contributor's spouse are treated as gifts
from the contributor. Gifts are generally valued at FMV as of the date the organization received them.
A foundation manager, defined as an officer, director, or trustee of the organization or any individual having powers or responsibilities similar to those of officers, directors, or trustees.
An owner of more than 20% of the voting power of a corporation, profits interest of a partnership, or beneficial interest
of a trust or an unincorporated enterprise that is a substantial contributor to the organization.
A family member of an individual in the first three categories. For this purpose, “family member” includes only the individual's spouse, ancestors, children, grandchildren, great-grandchildren, and the spouses of children,
grandchildren, and great-grandchildren.
A corporation, partnership, trust, or estate in which persons described in (1) through (4) above own more than 35% of the
voting power, profits interest, or beneficial interest.
For purposes of section 509(a)(2), as referenced in Schedule A (Form 990 or 990-EZ), Public Charity Status and Public Support,
a disqualified person is defined in section 4946, except that it does not include an organization described in section 509(a)(1).
For purposes of section 509(a)(3), as referenced in Schedule A (Form 990 or 990-EZ), a disqualified person is defined in section
4946, except that it does not include a foundation manager or an organization described in section 509(a)(1) or 509(a)(2).
Disregarded entity or entities
An entity wholly owned by the organization that is generally not treated as a separate entity for Federal tax purposes (for
example, single-member limited liability company of which the organization is the sole member). See Regulations sections 301.7701-2
and 3. A disregarded entity generally must use the EIN
of its sole member. An exception applies to employment taxes: for wages paid to employees
of a disregarded entity, the disregarded entity must file separate employment tax returns and use its own EIN on such returns.
See Regulations sections 301.6109-1(h) and 301.7701-2(c)(2)(iv).
An individual who lives or resides in the United States
and is not a foreign individual
A corporation or partnership is domestic if created or organized in the United States or under the law of the United States
or of any state or possession. A trust is domestic if a court within the United States or a U.S. possession
is able to exercise primary supervision over the administration of the trust, and one or more U.S. persons (or persons in
possessions of the United States) have the authority to control all substantial decisions of the trust.
Donor advised fund
A fund or account:
That is separately identified by reference to contributions of a donor or donors;
That is owned and controlled by a sponsoring organization; and
For which the donor or donor advisor has or reasonably expects to have advisory privileges in the distribution or investment of amounts held in the donor advised
funds or accounts because of the donor's status as a donor.
A donor advised fund does not include any fund or account:
That makes distributions only to a single identified organization or governmental entity, or
In which a donor or donor advisor gives advice about which individuals receive grants for travel, study, or other similar
The donor or donor advisor's advisory privileges are performed exclusively by such person in his or her capacity as a committee
member in which all of the committee members are appointed by the sponsoring organization;
No combination of donors or donor advisors (and related persons as defined below) directly or indirectly control the committee;
All grants from the fund or account are awarded on an objective and nondiscriminatory basis following a procedure approved
in advance by the board of directors of the sponsoring organization. The procedure must be designed to ensure that all grants
meet the requirements of section 4945(g)(1), (2), or (3); or
That the IRS exempts from being treated as a donor advised fund because either such fund or account is advised by a committee
not directly or indirectly controlled by the donor or donor advisor or such fund benefits a single identified charitable purpose.
For example, see Section 5.01 of Notice 2006-109, 2006-51 I.R.B. 1121, and any future related guidance.
Any person appointed or designated by a donor to advise a sponsoring organization
on the distribution or investment of amounts held in the donor's donor advised fund
Employer identification number, a nine-digit number. Use Form SS-4 to apply for an EIN.
Any individual who, under the usual common law rules applicable in determining the employer-employee relationship, has the
status of an employee, and any other individual who is treated as an employee for federal employment tax purposes under section
3121(d). See Pub. 1779 for more information.
See temporarily restricted endowment
, permanent endowment
, and quasi-endowment
. See also SFAS 117
Escrow or custodial account
Refers to an account (whether a segregated account at a financial institution or a set-aside on the organization's books and
records) over which the organization has signature authority, in which the funds are held for the benefit of other organizations
or individuals, whether or not the funds are reported on Part X, line 21, and whether or not the account is labeled as “escrow account,
” or some similar term. An escrow or custodial account does not include a split-interest trust (or the beneficial interest
in such trust) described in section 4947(a)(2) for which the filing organization is a trustee, other than a trust in the trade
or business of lending money, repairing credit, or providing debt management plan services, payment processing, or similar
Excess benefit transaction
In the case of an applicable tax-exempt organization
, any transaction in which an excess benefit is provided by the organization, directly or indirectly to, or for the use of,
any disqualified person
, as defined in section 4958. Excess benefit generally means the excess of the economic benefit received from the applicable
organization over the consideration given (including services) by a disqualified person, but see the special rules below regarding
donor advised funds and supporting organizations. See Appendix G
for more information.
Donor advised fund
. For a donor advised fund
, an excess benefit transaction also includes a grant, loan, compensation
, or similar payment from the fund to a:
Donor or donor advisor;
Family member of a donor or donor advisor;
35% controlled entity of a donor or donor advisor; or
35% controlled entity of a family member of a donor or donor advisor.
The excess benefit in this transaction is the amount of the grant, loan, compensation
, or similar payments.
For additional information see the Instructions for Form 4720.
For any supporting organization
, defined in section 509(a)(3), an excess benefit transaction also includes grants, loans, compensation
, or similar payments provided by the supporting organization to a:
Family member of a substantial contributor,
35% controlled entity of a substantial contributor, or
35% controlled entity of a family member of a substantial contributor.
For this purpose, the excess benefit is defined as the amount of the grant, loan, compensation
, or similar payments. Additionally, an excess benefit transaction includes any loans provided by the supporting organization
to a disqualified person (other than an organization described in section 509(a)(1), (2), or (4)).
See tax-exempt bond
Fair market value (FMV)
The price at which property, or the right to use property, would change hands between a willing buyer and a willing seller,
neither being under any compulsion to buy, sell, or transfer property or the right to use property, and both having reasonable
knowledge of relevant facts.
Family member, family relationship
Unless specified otherwise, the family of an individual includes only his or her spouse (see Rev. Rul. 2013-17 regarding same-sex
marriage), ancestors, brothers and sisters (whether whole or half blood), children (whether natural or adopted), grandchildren,
great-grandchildren, and spouses of brothers, sisters, children, grandchildren, and great-grandchildren.
FIN 48 (ASC 740)
Financial Accounting Standards Board (FASB) Interpretation No. 48, Accounting for Uncertainty in Income Taxes -an interpretation of FASB Statement No. 109
, now codified in FASB Accounting Standards Codification 740, Income Taxes (ASC 740). The organization can be required to
provide in Schedule D (Form 990), Supplemental Financial Statements, the text of the footnote to its financial statements
regarding the organization's liability for uncertain tax positions under FIN 48 (ASC 740).
An organization's statements of revenue and expenses and balance sheet, or similar statements prepared regarding the financial
operations of the organization.
An annual accounting period ending on the last day of a month other than December. See also tax year
and current year
A governmental agency or entity, or a political subdivision thereof, that is not classified as a United States
agency or governmental unit
, regardless of where it is located or operated.
A person, including a U.S. citizen or resident, who lives or resides outside the United States
. For purposes of Form 990, Part IX, and Schedule F (Form 990), Statement of Activities Outside the United States, a person
who lives or resides outside the United States at the time the grant is paid or distributed to the individual is a foreign individual
An organization that is not a domestic organization
. A foreign organization includes an affiliate that is organized as a legal entity separate from the filing organization,
but does not include any branch office, account, or employee
of a domestic organization located outside the United States
See fundraising activities
Activities undertaken to induce potential donors to contribute money, securities, services, materials, facilities, other assets,
or time. They include publicizing and conducting fundraising
campaigns; maintaining donor mailing lists; conducting fundraising events
, preparing and distributing fundraising manuals, instructions, and other materials; professional fundraising services
; and conducting other activities involved with soliciting contributions
from individuals, foundations, governments, and others. Fundraising activities do not include gaming
, the conduct of any trade or business that is regularly carried on, or activities substantially related to the accomplishment
of the organization's exempt purpose (other than by raising funds).
Include dinners and dances, door-to-door sales of merchandise, concerts, carnivals, sports events, auctions, casino nights
(in which participants can play casino-style games but the only prizes or auction items provided to participants are noncash
items that were donated to the organization), and similar events not regularly carried on that are conducted for the primary
purpose of raising funds. Fundraising events do not include the following:
The conduct of a trade or business that is regularly carried on;
Activities substantially related to the accomplishment of the organization's exempt purposes (other than by raising funds);
Solicitation campaigns that generate only contributions, which may involve gifts of goods or services from the organization of only nominal value, or sweepstakes, lotteries, or
raffles in which the names of contributors or other respondents are entered in a drawing for prizes of only nominal value;
See generally accepted accounting principles
Includes (but is not limited to): bingo
, pull tabs/instant bingo
(including satellite, event, and progressive bingo), Texas Hold-Em Poker and other card games, raffles, scratch-offs, charitable
gaming tickets, break-opens, hard cards, banded tickets, jar tickets, pickle cards, Lucky Seven cards, Nevada Club tickets,
casino nights/Las Vegas nights (other than events not regularly carried on in which participants can play casino-style games
but the only prizes or auction items provided to participants are noncash items that were donated to the organization, which
events are fundraising events
), and coin-operated gambling devices. Coin-operated gambling devices include slot machines, electronic video slot or line
games, video poker, video blackjack, video keno, video bingo, video pull tab games, etc. See Pub. 3079, Tax-Exempt Organizations
Generally accepted accounting principles/GAAP
The accounting principles set forth by the Financial Accounting Standards Board (FASB) and the American Institute of Certified
Public Accountants (AICPA) that guide the work of accountants in reporting financial information and preparing audited financial statements
The group of 1 or more persons authorized under state law to make governance decisions on behalf of the organization and its
shareholders or members, if applicable. The governing body is, generally speaking, the board of directors
(sometimes referred to as board of trustees
) of a corporation or association, or the trustee or trustees of a trust (sometimes referred to as the board of trustees).
A federal, state, or local official described within section 4946(c).
A State or local governmental unit that issues a tax-exempt bond
A State, a possession of the United States
, or a political subdivision
of a State or U.S. possession, the United States, or the District of Columbia. See section 170(c)(1).
Grants and other assistance
For purposes of Part IX, lines 1-3; Schedule F (Form 990); and Schedule I (Form 990), includes awards, prizes, contributions,
noncash assistance, cash allocations, stipends, scholarships, fellowships, research grants, and similar payments and distributions
made by the organization during the tax year. It does not include salaries or other compensation
or payments to independent contractors
if the primary purpose is to serve the direct and immediate needs of the organization (such as legal, accounting, or fundraising
services); the payment of any benefit by a section 501(c)(9) voluntary employees' beneficiary association (VEBA) to employees
of a sponsoring organization or contributing employer,
if such payment is made under the terms of the VEBA and in compliance with section 505; or payments or other assistance to
affiliates or branch offices that are not organized as legal entities separate from the filing organization.
For purposes of Schedule K (Form 990), Supplemental Information on Tax-Exempt Bonds, generally any sale proceeds
, investment proceeds, transferred proceeds, and replacement proceeds of an issue. See Regulations sections 1.148-1(b) and
The total amounts the organization received from all sources during its tax year, without subtracting any costs or expenses.
See Appendix B. How to Determine Whether an Organization's Gross Receipts Are Normally $50,000 (or $5,000) or Less
and Appendix C. Special Gross Receipts Tests for Determining Exempt Status of section 501(c)(7) and 501(c)(15) Organizations
Tax exemption of a group of organizations all exempt under the same Code section, applied for and obtained by a central organization
on behalf of subordinate organizations
under the central organization's general supervision or control. See Rev. Proc. 80-27, 1980-1 C.B. 677, Rev. Proc. 96-40,
1996-2 C.B. 301, and Appendix E. Group Returns—Reporting Information on Behalf of the Group,
for more information.
A Form 990 filed by the central organization
of a group exemption
for two or more of the subordinate organizations
. See General Instructions, Section I. Group Return,
earlier, and Appendix E. Group Returns—Reporting Information on Behalf of the Group
, for more information.
Highest compensated employee
One of the five highest compensated employees
of the organization (including employees of a disregarded entity
of the organization), other than current officers, directors, trustees,
or key employees
, whose aggregate reportable compensation
from the organization and related organizations
is greater than $100,000 for the calendar year ending with or within the organization's tax year
. These employees should be reported in Part VII, Section A of Form 990.
A building, structure, area, or property (real or personal) with recognized cultural, aesthetic, or historical value that
is significant in the history, architecture, archeology, or culture of a country, state, or city.
For purposes of Schedule H (Form 990), Hospitals, a hospital, or hospital facility, is a facility that is, or is required
to be, licensed, registered, or similarly recognized by a state as a hospital. This includes a hospital facility that is operated
through a disregarded entity
or a joint venture
treated as a partnership for federal income tax purposes. It does not include hospital facilities that are located outside
the United States
. It also does not include hospital facilities that are operated by entities organized as separate legal entities from the
organization that are taxable as a corporation for federal tax purposes (except for members of a group exemption
included in a group return
filed by an organization).
An organization which operates one or more hospital facilities
Hospital (or cooperative hospital service organization)
For purposes of Schedule A (Form 990 or 990-EZ), Public Charity Status and Public Support, a hospital (or cooperative hospital
service organization) is an organization whose main purpose is to provide hospital or medical care. For purposes of Schedule
A, a rehabilitation institution or an outpatient clinic can qualify as a hospital if its principal purposes or functions are
the providing of hospital or medical care, but the term does not include medical schools, medical research organizations,
convalescent homes, homes for children or the aged, animal hospitals, or vocational training institutions for handicapped
Include furniture, furnishings, electronics, appliances, linens, and other similar items. They do not include food, paintings,
antiques and other objects of art, jewelry and gems (other than costume jewelry), and collections.
An individual or organization that receives compensation for providing services to the organization but who is not treated
as an employee
. See Pub. 1779 for more information.
Independent voting member of governing body
A voting member of the governing body
, if all four of the following circumstances applied at all times during the organization's tax year:
The member was not compensated as an officer or other employee of the organization or of a related organization (see the instructions for Schedule R (Form 990), Related Organizations and Unrelated Partnerships), except as provided in
the religious exception discussed in the instructions for Form 990, Part VI.
The member did not receive total compensation or other payments exceeding $10,000 during the organization's tax year from the organization or from related organizations
as an independent contractor, other than reasonable compensation for services provided in the capacity as a member of the governing body. For example, a person who receives reasonable expense reimbursements and reasonable compensation as a director of the organization does not cease to be independent merely because he or she also received payments of $7,500 from the organization
for other arrangements.
Neither the member, nor any family member of the member, was involved in a transaction with the organization (whether directly or indirectly through affiliation with
another organization) required to be reported on Schedule L (Form 990 or 990-EZ), Transactions With Interested Persons, for
the organization's tax year.
Neither the member, nor any family member of the member, was involved in a transaction with a taxable or tax-exempt related
organization of a type and amount that would be reportable on Schedule L (Form 990 or 990-EZ) if required to be filed by the
A member of the governing body is not considered to lack independence merely because of any of the following circumstances.
The member is a donor to the organization, regardless of the amount of the contribution.
The member has taken a bona fide vow of poverty and either:
Receives compensation as an agent of a religious order or a section 501(d) religious or apostolic organization, but only under circumstances in which the member does not receive
taxable income (for example, Rev. Rul. 77-290, 1977-2 C.B. 26; Rev. Rul. 80-332, 1980-2 C.B. 34); or
Belongs to a religious order that receives sponsorship or payments from the organization that do not constitute taxable income
to the member.
The member receives financial benefits from the organization solely in the capacity of being a member of the charitable or
other class served by the organization in the exercise of its exempt function, such as being a member of a section 501(c)(6)
organization, so long as the financial benefits comply with the organization's terms of membership.
A binding written contract between an applicable tax-exempt organization
and a person who was not a disqualified person
immediately before entering into the contract.
See pull tabs
that is not an individual or natural person but an organization. For instance, a bank or trust company serving as the trustee
of a trust is an institutional trustee.
Unless otherwise provided, a partnership, limited liability company, or other entity treated as a partnership for federal
tax purposes, as described in Regulations sections 301.7701-1 through 301.7701-3.
For purposes of Form 990, an employee
of an organization (other than an officer
, or trustee
) who meets all three of the following tests applied in the following order:
$150,000 Test. Receives reportable compensation from the organization and all related organizations in excess of $150,000 for the calendar year ending with or within the organization's tax year.
Responsibility Test. The employee:
a. has responsibilities, powers or influence over the organization as a whole similar to those of officers, directors, or
b. manages a discrete segment or activity of the organization that represents 10% or more of the activities, assets, income,
or expenses of the organization, as compared to the organization as a whole; or
c. has or shares authority to control or determine 10% or more of the organization's capital expenditures, operating budget,
or compensation for employees.
Top 20 Test. Is one of the 20 employees (that satisfy the $150,000 Test and Responsibility Test) with the highest reportable
compensation from the organization and related organizations for the calendar year ending with or within the organization's
See instructions for Part VII for examples of key employees.
Includes action by Congress, any state legislature, any local council, or similar governing body about acts, bills, resolutions,
or similar items, or action by the public in referenda, ballot initiatives, constitutional amendments or similar procedures.
It does not include actions by executive, judicial, or administrative bodies.
See lobbying activities
All activities intended to influence foreign, national, state, or local legislation
. Such activities include direct lobbying (attempting to influence the legislators) and grassroots lobbying (attempting to
influence legislation by influencing the general public).
Maintaining offices, employees, or agents
For purposes of Schedule F (Form 990), Statement of Activities Outside the United States, includes principal, regional, district,
or branch offices, such offices maintained by agents, and persons situated at those offices paid wages for services performed.
” is defined under traditional agency principles (but does not include volunteers
An organization that performs management duties for another organization customarily performed by or under the direct supervision
of the other organization's officers
, or key employees
. These management duties include, but are not limited to, hiring, firing, and supervising personnel; planning or executing
budgets or financial operations; and supervising exempt operations or unrelated trades or businesses
For purposes of a medical research organization operated in conjunction with a hospital (see Schedule A (Form 990 or 990-EZ),
Public Charity Status and Public Support), medical research means investigations, studies and experiments performed to discover,
develop, or verify knowledge relating to physical or mental diseases and impairments and their causes, diagnosis, prevention,
treatment, or control.
Member of the governing body
A person who serves on an organization's governing body
, including a director
, but not if the person lacks voting power.
of property, tangible or intangible, other than money. Noncash contributions include, but are not limited to, stocks, bonds,
and other securities
; real estate; works of art
; stamps, coins, and other collectibles
; clothing and household goods
; vehicles, boats, and airplanes; inventories of food, medical equipment or supplies, books, or seeds; intellectual property,
including patents, trademarks, copyrights, and trade secrets; donated items that are sold immediately after donation, such
as publicly traded stock or used cars; and items donated for sale at a charity auction. Noncash contributions do not include
services performed for the reporting organization or donated use of materials, facilities, or equipment.
Nonexempt charitable trust
A trust that meets the following conditions:
Is not exempt from tax under section 501(a),
All of its unexpired interests are devoted to charitable purposes, and
A charitable deduction was allowed for contributions to the trust under section 170, section 545(b)(2), section 642(c), section 2055, section 2106(a)(2), or section 2522, or
for amounts paid by or permanently set aside by the trust under section 642(c).
Nonqualified deferred compensation
that is earned pursuant to a nonqualified plan or nongovernmental section 457 plan. Different rules can apply for purposes
of identifying arrangements subject to sections 83, 409A, 457(f), and 3121(v). Earned but unpaid incentive compensation can
be deferred pursuant to a nonqualified deferred compensation plan.
Unless otherwise provided (for example, Signature Block, principal officer in Heading
), a person elected or appointed to manage the organization's daily operations at any time during the tax year
, such as a president, vice-president, secretary, treasurer, and, in some cases, Board Chair. The officers of an organization
are determined by reference to its organizing document, bylaws, or resolutions of its governing body, or as otherwise designated
consistent with state law, but at a minimum include those officers required by applicable state law. For purposes of Form
990, treat the organization's top management official
and top financial official
“On behalf of
A corporation organized under the general nonprofit corporation law of a state whose obligations are considered obligations
of a state or local governmental unit
. See Rev. Proc. 82-26, 1982-1 C.B. 476, for a description of the circumstances under which the Service will ordinarily issue
an advance ruling that the obligations of a nonprofit corporation were issued on behalf of a state or local governmental unit.
See also Rev. Rul. 63-20, 1963-1 C.B. 24; Rev. Rul. 59-41, 1959-1 C.B. 13; and Rev. Rul. 54-296, 1954-2 C.B. 59. An “on behalf of
” issuer also includes any corporation organized by a state or local governmental unit specifically to issue tax-exempt bonds
to further public purposes. See Rev. Rul. 57-187, 1957-1 C.B. 65.
For purposes of section 4958, any officer
, or trustee
of an applicable tax-exempt organization
, or any individual having powers or responsibilities similar to officers, directors, or trustees of the organization, regardless
Permanent (true) endowment
fund established by donor-restricted gifts that is maintained to provide a permanent source of income, with the stipulation
that principal must be invested and kept intact in perpetuity, while only the income generated can be used by the organization.
See SFAS 117
Political campaign activities
All activities that support or oppose candidates for elective federal, state, or local public office. It does not matter whether
the candidate is elected. A candidate is one who offers himself or is proposed by others for public office. Political campaign
activity does not include any activity to encourage participation in the electoral process, such as voter registration or
voter education, provided that the activity does not directly or indirectly support or oppose any candidate.
A division of any state or local governmental unit
which is a municipal corporation or which has been delegated the right to exercise part of the sovereign power of the unit.
Sovereign power includes the power to make and enforce laws.
Possession of the United States
Includes the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, Guam, American Samoa, and the
U.S. Virgin Islands.
For purposes of the Heading
on page 1 of Form 990 (but not for the purposes of the Signature Block or other parts of the Form 990), an officer of the
organization who, regardless of title, has ultimate responsibility for implementing the decisions of the organization's governing body
, or for supervising the management, administration, or operation of the organization.
Private business use
For purposes of Schedule K (Form 990), Supplemental Information on Tax-Exempt Bonds, use by the organization or another 501(c)(3)
organization in an unrelated trade or business
. Private business use also generally includes any use by a nongovernmental person other than a section 501(c)(3) organization
unless otherwise permitted through an exception or safe harbor provided under the regulations or a revenue procedure.
An organization described in section 501(c)(3) that is not a public charity
. Some private foundations are classified as operating foundations (also known as private operating foundations) under section
4942(j)(3) or exempt operating foundations under section 4940(d)(2). A private foundation retains its private foundation status
until such status is terminated under section 507. Thus, a tax-exempt private foundation becomes a taxable private foundation
if its section 501(c)(3) status is revoked.
For purposes of Schedule K (Form 990), Supplemental Information on Tax-Exempt Bonds, generally the sale proceeds of an issue
(other than those sale proceeds used to retire bonds of the issue that are not deposited in a reasonably required reserve
or replacement fund). Proceeds also include any investment proceeds from investments that accrue during the project period
(net of rebate amounts attributable to the project period). See Regulations section 1.141-1(b).
Professional fundraising services
Services performed for the organization requiring the exercise of professional judgment or discretion consisting of planning,
management, preparation of materials (such as direct mail solicitation packages and applications for grants or other assistance),
provision of advice and consulting regarding solicitation of contributions
, and direct solicitation of contributions
, such as soliciting restricted or unrestricted grants to provide services to the general public. However, professional fundraising
does not include services provided by the organization's employees
in their capacity as employees (except as provided in the instructions for Part I, line 16a), nor does professional fundraising
include purely ministerial tasks, such as printing, mailing services, or receiving and depositing contributions to a charity,
such as services provided by a bank or caging service.
Investments made primarily to accomplish the organization's exempt purposes rather than to produce income. Examples of program-related
investments include student loans and notes receivable from other exempt organizations that obtained the funds to pursue the
filing organization's exempt function.
An organization described in section 501(c)(3) and that is excepted from private foundation status because it is described
in section 509(a)(1) (which cross-references sections 170(b)(1)(A)(i) through (vi)), 509(a)(2), 509(a)(3), or 509(a)(4).
Publicly traded securities
Generally, include common and preferred stocks, bonds (including governmental obligations such as bonds and Treasury bills),
mutual fund shares, and other investments listed and regularly traded in an over-the-counter market or an established exchange
and for which market quotations are published or are otherwise readily available. (See further explanation in the instructions
for Part X, line 11, and Schedule M (Form 990), Noncash Contributions, line 9).
Includes games in which an individual places a wager by purchasing preprinted cards that are covered with pull tabs. Winners
are revealed when the individual pulls back the sealed tabs on the front of the card and compares the patterns under the tabs
with the winning patterns preprinted on the back of the card. Included in the definition of pull tabs are “instant bingo,
” and other similar scratch-off cards. Satellite, internet, and progressive bingo are games conducted in many different places
simultaneously and the winners are not all present when the wagers are placed, the winners are determined, and the prizes
are distributed. Revenue and expenses associated with satellite, internet, and progressive bingo should be included under
Qualified 501(c)(3) bond
A tax-exempt bond
, the proceeds of which are used by a section 501(c)(3) organization to advance its charitable purpose. Requirements generally
applicable to a qualified section 501(c)(3) bond under section 145 include the following.
All property financed by the bond issue is to be owned by a section 501(c)(3) organization or a governmental unit.
At least 95% of net proceeds of the bond issue are used either by a governmental unit or a section 501(c)(3) organization in activities that are not unrelated trades or businesses (determined by applying section 513).
Qualified conservation contribution
of a qualified real property interest to a qualified organization exclusively for conservation purposes. A “qualified real property interest
” means any of the following interests in real property:
The entire interest of the donor,
A remainder interest, or
A restriction (such as an easement), granted in perpetuity, on the use which may be made of the real property.
A “qualified organization
” means an organization which is--
(a) a governmental unit
described in section 170(c)(1);
(b) a publicly supported charitable organization described in sections 501(c)(3) and 170(b)(1)(A)(vi) or section 509(a)(2)
(see the instructions for Parts II and III of Schedule A (Form 990 or 990-EZ)); or
(c) a supporting organization
described in sections 501(c)(3) and 509(a)(3) that is controlled by a governmental unit or a publicly supported charitable
In addition, a qualified organization must have a commitment to protect the conservation purposes of a qualified conservation
contribution, and have the resources to enforce the restrictions.
A “conservation purpose
The preservation of land areas for outdoor recreation by, or the education of, the general public;
The protection of a relatively natural habitat of fish, wildlife, plants, or similar ecosystems;
The preservation of open space (including farm and forest land) where such preservation will yield a significant public benefit
and is for the scenic enjoyment of the general public or is pursuant to a clearly delineated federal, state, or local governmental
conservation policy; or
The preservation of an historically important land area or a certified historic structure.
See section 170(h) for additional information, including special rules about the conservation purpose requirement for buildings
in registered historic districts. See also conservation easement
Qualified state or local political organization
A type of political organization that meets the following requirements:
It limits its exempt function to the selection process relating solely to any state or local public office or office in a
state or local political organization;
It is required under a state law to report to a state agency (and does report) information that otherwise would be required
to be reported on Form 8872, Political Organization Report of Contributions and Expenditures, or it is required to report
under state law (and does report) at least the following information:
The name and address of every person who contributes a total of $500 or more during the calendar year and the amount of each
The name and address of every person to whom the organization makes expenditures aggregating $800 or more during the calendar
year, and the amount of each expenditure; and
Any additional information specified in section 527(j)(3), if state law requires the reporting of that information to the
The state agency makes the reports filed by the organization publicly available;
The organization makes the reports filed with the state agency publicly available in the manner described in section 6104(d);
No federal candidate or office holder controls or materially participates in the direction of the organization, solicits contributions to the organization, or directs any of the organization's disbursements.
fund established by the organization itself, either from unrestricted donor or organizational funds, over which the organization
itself imposes restrictions on their use, and which restrictions can be temporary or permanent in nature. These funds are
sometimes referred to as board-designated endowments. See SFAS 117
The value that would ordinarily be paid for like services by like enterprises under like circumstances.
A reasonable amount of effort in information gathering that the organization is expected to undertake in order to provide
information requested on the Form 990. See the specific instructions for Part VI, lines 1b and 2; Part VII, Section A (compensation
from related organizations); and Schedule L (Form 990 or 990-EZ), Parts III and IV, for examples of reasonable efforts.
One or more funds established as part of a single transaction or a series of related transactions, containing proceeds
of a refunding issue
and any other amounts to provide for payment of principal or interest on one or more prior issues. See Regulations section
An issue of obligations, the proceeds
of which are used to pay principal, interest, or redemption price on another issue (a prior issue), including the issuance
costs, accrued interest, capitalized interest on the refunding issue, a reserve or replacement fund, or similar costs, if
any, properly allocable to that refunding issue. A current refunding issue is a refunding issue that is issued not more than
90 days before the last expenditure of any proceeds of the refunding issue for the payment of principal or interest on the
prior issue. An advance refunding issue is a refunding issue that is not a current refunding issue. See Regulations sections
1.150-1(d)(1), 1.150-1(d)(3), and 1.150-1(d)(4).
An organization, including a nonprofit organization, a stock corporation, a partnership or limited liability company, a trust,
and a governmental unit
or other government entity, that stands in one or more of the following relationships to the filing organization at any time
during the tax year
Parent: an organization that controls the filing organization.
Subsidiary: an organization controlled by the filing organization.
Brother/Sister: an organization controlled by the same person or persons that control the filing organization. However, if the filing organization is a trust that has
a bank or financial institution trustee that is also the trustee of another trust, the other trust is not a Brother/Sister
related organization of the filing organization on the ground of common control by the bank or financial institution trustee.
Supporting/Supported: an organization that claims to be at any time during the tax year, or that is classified by the IRS at any time during the tax year, as (i) a supporting organization of the filing organization within the meaning of section 509(a)(3), if the filing organization is a supported organization within the meaning of section 509(f)(3); (ii) or a supported organization, if the filing organization is a supporting organization.
Sponsoring Organization of a VEBA: an organization that establishes or maintains a section 501(c)(9) voluntary employees’
beneficiary association (VEBA) during the tax year. A sponsoring organization of a VEBA also includes an employee organization,
association, committee, joint board of trustees, or other similar group of representatives of the parties which establish
or maintain a VEBA. Although a VEBA must report a sponsoring organization as a related organization, a sponsoring organization
should not report a VEBA as a related organization, unless the VEBA is related to the sponsoring organization in some other
capacity described in this definition.
Contributing Employer of a VEBA: an employer that makes a contribution or contributions to the VEBA during the tax year. Although a VEBA must report a contributing
employer as a related organization, a contributing employer should not report a VEBA as a related organization, unless the
VEBA is related to the contributing employer in some other capacity described in this definition.
The organization must determine its related organizations for purposes of completing Form 990, Parts VI (Governance), VII
(Compensation), VIII (Statement of Revenue) and X (Balance Sheet), Schedule D (Form 990), Schedule J (Form 990), and Schedule
R (Form 990). See instructions for those parts and schedules for related organization reporting requirements.
An organization described in Rev. Proc. 91-20, 1991-1 C.B. 524.
In general, the aggregate compensation
that is reported (or required to be reported, if greater) on Form W-2, box 1 or 5 (whichever amount is greater); and/or Form
1099-MISC, box 7, for the calendar year ending with or within the organization's tax year
. If the amount reported on Form W-2, box 5 is zero, or less than the amount in Form W-2, box 1, such as for certain clergy
and religious workers not subject to social security and Medicare taxes as employees, reportable compensation includes the
box 1 amount rather than the box 5 amount. For foreign persons who receive U.S. source income, reportable compensation includes
the amount reportable on Form 1042-S, box 2. For persons for whom compensation reporting on Form W-2, 1099-MISC, or 1042-S
is not required (certain foreign persons, institutional trustees, and persons whose compensation was below the $600 reporting
threshold for Form 1099-MISC), reportable compensation includes the total value of the compensation paid in the form of cash
or property during the calendar year ending with or within the organization's tax year.
Review of financial statement
An examination of an organization's financial records and practices by an independent accountant with the objective of assessing
whether the financial statements
are plausible, without the extensive testing and external validation procedures of an audit.
An organization, the primary function of which is the presentation of formal instruction, and which has a regular faculty,
curriculum, an enrolled body of students, and a place where educational activities are regularly conducted.
Any bond, debenture, note, or certificate or other evidence of indebtedness issued by a corporation, government or political subdivision
, share of stock, voting trust certificate, or any certificate of interest or participation in, certificate of deposit or
receipt for, temporary or interim certificate for, or warrant or right to subscribe to or purchase, any of the foregoing.
Statement of Financial Accounting Standards No. 116, Accounting for Contributions Received and Contributions Made, now codified
in FASB Accounting Standards Codification 958, Not-for-Profit Entities (ASC 958).
Statement of Financial Accounting Standards No. 117, Financial Statements of Not-for-Profit Organizations, now codified in
FASB Accounting Standards Codification 958, Not-for-Profit Entities (ASC 958).
Short accounting period
An accounting period of less than 12 months, which exists when an organization changes its annual accounting period, and which
can exist in its initial or final year of existence (see tax year
See short accounting period
Significant disposition of net assets
A disposition of net assets, consisting of a sale, exchange, disposition or other transfer of more than 25% of the FMV of
the organization's net assets during the year, whether or not the organization received full or adequate consideration. A
significant disposition of net assets involves:
One or more dispositions during the organization's tax year, amounting to more than 25% of the FMV of the organization's net assets as of the beginning of its tax year; or
One of a series of related dispositions or events begun in a prior year that, when combined, comprise more than 25% of the
FMV of the organization's net assets as of the beginning of the tax year when the first disposition in the series was made.
Whether a significant disposition of net assets occurred through a series of related dispositions depends on the facts and
circumstances in each case.
Examples of the types of transactions that are “a significant disposition of net assets
” required to be reported on Schedule N (Form 990 or 990-EZ), Liquidation, Termination, Dissolution or Significant Disposition
of Assets, Part II include:
Taxable or tax-free sales or exchanges of exempt assets for cash or other consideration (a social club described in section
501(c)(7) selling land or an exempt organization selling assets it had used to further its exempt purposes);
Sales, contributions or other transfers of assets to establish or maintain a partnership, joint venture, or a corporation (for-profit or nonprofit) whether or not the sales or transfers are governed by section 721 or section
351, whether or not the transferor received an ownership interest in exchange for the transfer;
Sales of assets by a partnership or joint venture in which the exempt partner has an ownership interest;
Transfers of assets pursuant to a reorganization in which the organization is a surviving entity; and
The following types of situations are not considered significant dispositions of net assets for purposes of Schedule N, Part
The change in composition of publicly traded securities held in an exempt organization's passive investment portfolio;
Asset sales made in the ordinary course of the organization's exempt activities to accomplish the organization's exempt purposes,
for instance, gross sales of inventory;
Grants or other assistance made in the ordinary course of the organization's exempt activities to accomplish the organization's
exempt purposes, for instance, the regular charitable distributions of a United Way or other federated fundraising organization;
A decrease in the value of net assets due to market fluctuation in the value of assets held by the organization; and
Transfers to a disregarded entity of which the organization is the sole member.
Any organization which is all of the following:
Described in section 170(c), other than governmental units described in section 170(c)(1) and without regard to section 170(c)(2)(A);
Not a private foundation as defined in section 509(a); and
Maintains one or more donor advised funds.
State of legal domicile
For a corporation, the state of incorporation (country of incorporation for a foreign corporation formed outside the United
States). For a trust or other entity, the state whose law governs the organization's internal affairs (the foreign country
whose law governs for a foreign organization other than a corporation).
One of the organizations, typically local in nature, that is recognized as exempt in a group exemption
letter and subject to the general supervision and control of a central organization
A public charity
described in section 509(a)(1) or 509(a)(2) supported by a supporting organization
described in section 509(a)(3).
A public charity claiming status on Form 990 or otherwise under section 509(a)(3). A supporting organization is organized
and operated exclusively to support one or more supported organizations
. A supporting organization that is operated, supervised, or controlled by one or more supported organizations is a Type I
supporting organization. The relationship of a Type I supporting organization with its supported organization(s) is comparable
to that of a parent-subsidiary relationship. A supporting organization supervised or controlled in connection with one or
more supported organizations is a Type II supporting organization. A Type II supporting organization is controlled or managed
by the same persons that control or manage its supported organization(s). A supporting organization that is operated in connection
with one or more supported organizations is a Type III supporting organization. A Type III supporting organization is further
considered either functionally integrated with its supported organization(s) or not functionally integrated with its supported
organization(s) (Type III other). Finally, a supporting organization cannot be controlled directly or indirectly by one or
more disqualified persons
(as defined in section 4946), other than foundation managers and other than one or more public charities described in section
509(a)(1) or (2).
An obligation issued by or on behalf of a governmental issuer
on which the interest paid is excluded from the holder's gross income under section 103. For this purpose, a bond can be
any form of indebtedness under federal tax law, including a bond, note, loan, or lease-purchase agreement.
The annual accounting period for which the Form 990 is being filed, whether the calendar year ending December 31st or a fiscal
year ending on the last day of any other month. The organization may have a short tax year in its first year of existence,
in any year when it changes its annual accounting period (for example, from a December 31 year-end to a June 30 year-end),
and in its last year of existence (for example, when it merges into another organization or dissolves). See also current year
, fiscal year
, and short period
Temporarily restricted endowment
funds established by donor-restricted gifts that are maintained to provide a source of income for either a specified period
of time or until a specific event occurs (see SFAS 117
(ASC 958-205-45)), as well as all other temporarily restricted net assets held in a donor-restricted endowment, including
unappropriated income from permanent endowments
that is not subject to a permanent restriction.
Top financial official
The person who has ultimate responsibility for managing the organization's finances, for example, the treasurer or chief financial
Top management official
A person who has ultimate responsibility for implementing the decisions of the organization's governing body
or for supervising the management, administration, or operation of the organization (for example, the organization's president,
CEO, or executive director).
The amount reported on Form 990, Part X, line 16, column (B).
See director or trustee
Unless otherwise provided, includes the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth
of the Northern Mariana Islands, Guam, American Samoa, and the United States Virgin Islands.
See unrelated trade or business
Unrelated business income
Income from an unrelated trade or business
as defined in section 513.
Unrelated business gross income
Gross income from an unrelated trade or business
as defined in section 513.
An organization that is not a related organization
to the filing organization.
Unrelated trade or business
Any trade or business, the conduct of which is not substantially related to the exercise or performance by the organization
of its charitable, educational, or other purpose or function constituting the basis for its exemption. See Pub. 598 and the
instructions for Form 990-T for a discussion of what is an unrelated trade or business.
See possession of the United States
A person who serves the organization without compensation, for instance, a member of the organization's governing body who
serves the organization without compensation. “Compensation
” for this purpose includes tips and noncash benefits, except for:
Reimbursement of expenses under a reimbursement or other expense allowance arrangement in which there is adequate accounting
to the organization,
Working condition fringe benefits described in section 132,
Liability insurance coverage for acts performed on behalf of the exempt organization, and
De minimis fringe benefits.
Voting member of the governing body
A member of the organization's governing body
with power to vote on all matters that may come before the governing body (other than a conflict of interest that disqualifies
the member from voting).
Works of art
Include paintings, sculptures, prints, drawings, ceramics, antiques, decorative arts, textiles, carpets, silver, photography,
film, video, installation and multimedia arts, rare books and manuscripts, historical memorabilia, and other similar objects.
Art does not include collectibles
Year of formation
The year in which the organization was created or formed under applicable state law (if a corporation, the year of incorporation).