Most nonprofits are required to file a “Form 990” each year with the Internal Revenue Service and to make the form available to the public. The 990 contains important information about a nonprofit that can help would-be donors make an informed decision about whether the organization is being run well. The Trust’s Carolyn Weiss vets hundreds of nonprofits as our chief financial officer and recently explained what she looks for in a 990. Below are some excerpts of her conversation with our recently retired vice president for donor services, Gay Young.
What is a 990?
Weiss explains what a 990 is and why it can be an important part of vetting a nonprofit.
First things first
Weiss explains some of the basic information that appears on the first page of the form.
Effects of the pandemic
Weiss notes that future 990s will be showing the long-term repercussions of the pandemic.
These clips are from a virtual series on contemporary issues in philanthropy.
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