New 990 rules... :(

For a section 501(c)(3) organization filing Form 990, or Form 990-EZ,

> that met the 331? 3 % support test of the regulations under sections > 509(a)(1)/170(b)(1)(A)(vi),...

Searching the IRS site -- couldn't find appropriate location to get the definition of the support test.

I must say the new requirements are _exceedingly_ onerous for small foundations, etc., ... I've no clue how long it will take to try to generate the detail requested but w/ only a part-time Director whose primary function isn't to do bookkeeping and a single secretary onboard for about three months so far it ain't a pretty thing to have to do. :(

Reply to
dpb
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There's a worksheet for this test on page 4 of the Form 990 Schedule A for 2007. You may find it helpful to complete the worksheet even if your organization is not required to file Schedule A.

This is not an audit focus for the IRS at the moment, so don't take too much time away from the compensation schedules to do this!

-Crystal

Reply to
bayoucitybc

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