QUESTION: Which Form 990 is Johnathan T. Leonard Memorial Scholarships & Grants required to file with the IRS?
ANSWER: Annual Electronic Filing Requirement for Small Exempt Organizations — Form 990-N (e-Postcard) – (Source: Internal Revenue Service)
“Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less can satisfy their annual reporting requirement by electronically submitting Form 990-N if they choose not to file Form 990 or Form 990-EZ instead.”
Exceptions to this requirement include:
Organizations that are included in a group return
Churches (PDF), their integrated auxiliaries, and conventions or associations of churches, and
Organizations required to file a different return
Although the organization is still in infancy and not required to file a return this current calendar year, in the future it is the organization’s goal to post its 990-N to the site as it becomes available. Our goal is to make the 990-N available in the fall of the following tax year.
