Welcome to Quality 990

Why is Quality 990 Important?

• Compliance—Filing an accurate and complete Form 990 with the IRS and state charity officials is the law.

• Public Accountability—With the new IRS regulations, anyone can request a copy of any nonprofit organization's Form 990.

• Public Relations—The Internet is making the Form 990 more widely available than ever before.

• Primary Source of Data—Form 990 is the most commonly used data source about nonprofit organizations

• Policy Making—Accurate Form 990 data will help policy makers develop the most effective ways of helping the sector, and allow nonprofits to better defend themselves against ill-advised legislative initiatives.

Achieving Quality 990 Reporting

Nonprofit leaders have created projects and partnerships to help organizations meet these challenges of accountability and quality reporting.

• Nonprofit Accountability Collaboratives: 990-NACs—990-NACs are forums to bring together the people and organizations involved with Form 990: nonprofits who file it, accountants who prepare it, regulators who monitor it, and the public who trusts the nonprofit sector. Working together, 990-NAC participants can guide the nonprofit sector to high standards of accountability.

• 990-NAC Tool Kit—For information on suggested activities and resources to start a 990-NAC in your area, download the 990-NAC Tool Kit.