Reinhart and Company Reinhart and Company

Tax-Exempt Organizations

What type of Federal form must your organization file with the IRS?

Form 990-N (e-Postcard)
Gross receipts are $50,000 or less.

Form 990-EZ
Gross receipts are less than $200,000 AND assets are less than $500,000.

Form 990
Gross receipts are more than or equal to $200,000 OR assets are more than or equal to $500,000.

What type of Financial Statement is required for Pennsylvania?

Gross Contributions Including  
Gross Special Events (Fundraising) Type of Financial Statement Required
Less than $100,000 Internally Prepared
$100,000 to < $250,000 Compiled by a CPA
$250,000 to < $750,000 Reviewed by an Independent CPA
Greater than $750,000 Audited by an Independent CPA