Form 990 Redesign for Tax Year 2008 (Filed in 2009): Significant Changes |
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What are the most significant changes to the 2007 form?
The new form is a significant redesign in format and content compared to the 2007 form. Major changes include a front page summary that provides a snapshot of key financial and operating information, a governance section, and revised compensation and related organization reporting. In order to increase reporting compliance, the new form replaces existing “unstructured attachments” (see Q&A-6 ) with formal schedules. Other schedules were added for reporting foreign activities, non-cash contributions, hospitals, and tax-exempt bonds, to collect information not required by the current form
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Page Last Reviewed or Updated: January 07, 2009