Form 990 Preparation for Colorado Nonprofits
CPA of Denver prepares annual information returns for nonprofit and tax-exempt organizations within an agreed filing scope. The review begins with the organization’s status, prior returns, financial records and activities so the appropriate Form 990-series work can be identified.
Records Needed for a Nonprofit Information Return
- Prior information returns, exemption correspondence and the organization’s tax year.
- Year-end financial statements, general ledger and supporting account reconciliations.
- Program-service descriptions and records of contributions, grants and restricted funds.
- Officer and key-employee compensation, governance information and related-party transactions.
- Details of business income, fundraising activities and changes in operations.
Which Nonprofit Filing Does Your Organization Need?
The required filing depends on the organization’s facts and applicable-year rules. We review form selection and the schedules needed before agreeing on preparation work. Missing filings, exemption problems or unrelated-business reporting may require separate analysis.
Confirm the Nonprofit Preparation Scope
The engagement identifies the return year, forms, schedules and state work included. Bookkeeping reconstruction, exemption applications, corrective filings and specialized tax analysis are not automatically included with annual information-return preparation. If an agency has already contacted the organization, provide the complete notice for a notice scope review.
Frequently Asked Questions
Which Form 990 does a nonprofit file?
The required form generally depends on annual gross receipts and assets. Organizations may file Form 990-N, 990-EZ, or the full Form 990.
Can a nonprofit lose exempt status for not filing?
An organization that fails to file a required annual return or notice for three consecutive years generally faces automatic revocation.
Related Tax Services
Ready to Get Started?
Schedule a consultation with CPA of Denver to discuss your individual or business tax filing needs.
Have a Specific CPA Question?
Book a $350 CPA Consultation for tax, accounting or financial-statement questions. The allowance covers up to one hour total for document review, preparation and the telephone call. Written reports and implementation require a separate scope. For availability or service-fit questions, send a brief inquiry.