Form 990 Advanced Schedules
Form 990 Advanced Schedules goes beyond the Core Form and its most common Schedules to address the data and inputs required to complete the new, more complex arenas incorporated into the Form 990 in its 2008 and 2009 versions:

  • ● Expanded scheduling of compensation to Board members, Officers, Key Employees or ‘High 5’s’ called for upon Schedule J Part II (when an individual manager’s remuneration exceeds $150,000 for the calendar year or when certain “former” managers must be disclosed or unrelated organizations are paying any of these parties) as well as expanded questions on compensation practices (and expense reimbursement management) in Schedule J Part I
  • ● Reporting with respect to grantmaking to and business transactions with certain insiders on Schedule L’s Parts III and IV, respectively
  • ● Schedule L reporting (and definitions) in play at Parts I and II
  • ● Schedule F reporting on “foreign” operations
  • ● Revision of the Schedule A “public support tests” from that found on the prior years’ Forms to that in play with the 2008 and 2009 Forms 990
  • ● Key changes from the 2007 Form 990 with respect to reporting on: assets and balance sheet items (Schedule D); gaming (Schedule G’s Part III); capture of noncash donations (Schedule M); tax-exempt bond financing (Schedule K); political activities (Schedule C, Part I); grantmaking in the U.S. (Schedule I); terminations, dissolution, and substantial transfers of assets (Schedule N); related organizations and unrelated partnerships (Schedule R)

National Form 990 expert Eve Borenstein has applied her intimate involvement with the IRS' Redesign Project to the design of this new-for-2010 course. Form 990 Advanced Schedules expands into arenas that her 2008/2009 preparation course, Redesigned Form 990, did not have time to cover, providing a pragmatic approach to understanding the information requests of the specific Schedules that are its subject. Ms. Borenstein’s 990 class offerings in 2009 (both Redesigned Form 990 and 990 Focus: A Course for Preparers, Nonprofits and Advisors, as well as three “drill down” 990-topic-specific Live Webcasts) consistently scored evaluation marks of 4.80-4.90 along with instructor’s knowledge scores of 4.95-5.00.

Course Objectives/Major Topics: In addition to the above, this class will:
  • * Attend to the disparate definitions in the four Parts of the most difficult Schedule of the Form: Schedule L ("Transactions with Interested Persons")
  • * Survey key changes to the "Public Support Schedule" on Schedule A
  • * Review the most commonly applied new Schedules -- contributions reporting, fundraising, related organizations, political/lobbying activities, grantmaking, and foreign operations
    Prerequisite: While ABCs of the Form 990 (2010) or Redesigned Form 990 (2009) is not a prerequisite to this course, the subject matter of those classes is not summarized or returned to here. Accordingly, individuals wanting to learn the 2008/2009 Form 990 for preparation or review purposes are advised to take both this class and ABCs of the Form 990.

    Level: Intermediate/Advanced
    CPE Credit: 8 hours

    Back to Main Events Page