Form 990 Filing Tips

Preparation Checklist:

√ Determine whether you are eligible to file the Form 990-EZ for 2010
√ File a 990 unles recipts are <$200k and assets less than $500k
√ Organizations with <$50k of receipts can file the simpler 990-N
√ Identify the schedules that you need to complete
√ Identify the key internal stakeholders to involve to complete the form, including finance, program leaders,
   fundraisers, PR/government relations, and HR
√ Assign an internal leader to coordinate 990 preparation
√ Identify your related organizations and ODTKEs (officers, directors, trustees, key employees)
√ Be prepared to answer new questions about governance, executive compensation, and insider transactions
√ Determine your overseas and joint venture activities
√ Establish or modify internal systems to prepare for filing season

Ronald J. Cappuccio, J.D., LL.M.(Tax)
Counsellor at Law
1800 Chapel Avenue West
Suite 128
Cherry Hill, NJ 08002
856-665-2121