February 6, 2008 | Read Time: 1 minute
The Internal Revenue Service has released its Form 990-N, also known as an “e-Postcard,” a new tax document required of all groups whose gross receipts normally total less than $25,000 per year.
Previously only groups that earned more than $25,000 yearly had to file with the IRS, but the agency stated it wanted to get an accurate count of how many nonprofit groups exist and to provide more and better information about small groups. (Churches and organizations that file as part of a group do not have to fill out a 990-N.)
Groups must file the form starting this calendar year for fiscal years ending on or after December 31, 2007. The e-Postcard is due by the fifteenth day of the fifth month after the end of a fiscal year.
Among other items, groups must provide their employee identification number, the name of a principal officer, a mailing address, and confirmation that their gross receipts total less than $25,000.
