Not-for-Profit Accounting and Form 990

Overview

This course is designed to familiarize individuals who work for or alongside nonprofit organizations with the common issues nonprofit organizations need to know and with the Form 990 filing requirements. It also covers common pitfalls that get charitable organizations into trouble. This is a basic course, geared towards the most common type of charitable organization - 501(c)(3).

Note: This course does not contain specific tax form preparation guidelines. It is a general overview of exempt organization issues.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Objectives

Upon completion of this course, students will be able to:

  • recognize how Section 501(c)(3) organizations might inadvertently jeopardize their exempt status
  • determine Form 990 filing due dates for a Section 501(c)(3) organization
  • calculate an organization's gross receipts in order to determine which version of Form 990 a Section 501(c)(3) is required to file
  • identify other common issues that might trigger additional filing requirements

Tax Year:2022

Designed For:

CPAs, EAs, other tax and finance professionals, working to inform themselves of the most common tax issues of a 501(c)(3) organizations


WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.

Course Information

Adding additional credit may change exam requirements.

Advanced Preparation: None