Melanie Kirton of Financial Affairs visits the SnapCast to talk about nonprofit financial issues. This episode, we talk about the Form 990, bust some myths and misconceptions, and discuss some of the most damaging mistakes an organization can make with their 990, including:
- Missing the deadline
- Wrong name or FEIN
- Filing an incomplete return
- Improper functional allocationÂ
- Other mistakes: outdated mission statement, outdated board list, wrong contact information
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