Understanding the Form 990 and its Preparation Prerequisites
Thursday, Sept. 18, 2025
1-2:40 p.m. Central
2 CPE (2 technical)
Course code: 25WM-0017
View pricing
Dive into the mechanics and significance of Form 990. With more than 80% of its inputs and definitions falling outside statutes and regulations, Form 990 can overwhelm even seasoned preparers. Understand key definitions and core mechanics, giving you a clear roadmap for tackling preparation tasks with confidence.
Packed with practical tips and insights on data gathering, this session is the essential starting point for beginner and intermediate preparers. Gain a solid understanding of Form 990's underlying structure and its often-complex disclosure requirements -- helping you navigate the process with ease.
Major subjects
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Overview of Form 990's structure and purpose
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Goals behind the core forms and schedules
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Triggers for Form 990 schedules
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Reporting requirements in Part VII-A, including trustees, directors, officers, key employees and the five highest-paid employees, with some categories based on their compensation levels
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Key definitions and glossary terms, including family member, business relationship, independence
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Governance and board member considerations
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Data collection and reporting
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Public relations and stakeholder communication
Learning objectives
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Understand the public relations and regulatory impact of the Core Form and key schedules
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Identify triggers for each of the 15 substantive-topic schedules
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Recognize the impact of board members' independence in Schedule L reporting
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Identify key data sources for accurate 990 disclosures
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Recognize the value ofpublic relations sensitive disclosures and board presentation
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Determine factors that make a third-party organization a related organization
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Explore the key definitions comprising Part VII-A's managers
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Understand critical definitions for Core Form Part VI and Schedule L, including family member, business relationship, independence, and 35% controlled entity
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Outline the 990 preparation process and key data contributors
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Recognize the need to engage a filer's board of directors in understanding the Form 990's public and regulatory implications
Who should take this program?
- Public accounting tax and audit staff; nonprofit treasurers, accountants, CFOs and other compliance advisers
Pricing
|
Standard Member Fee |
$99.00
|
 Standard Nonmember Fee |
$129.00
|
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