August 31st ended the fiscal year for all 4-H clubs and groups in Texas that are under the Texas 4-H, Inc. umbrella. With the end of the fiscal year, comes the requirement for ALL Texas 4-H, Inc. clubs and groups to file their annual information return (Form 990-N, 990 or 990-EZ).
Due to the IRS website being down for maintenance every year in January, our deadline for clubs filing under Texas 4-H Inc. is December 20, 2019.
Form 990 is the form used by tax-exempt organizations to provide the IRS with the information required on an annual basis. There are several Form 990s that a 4-H club/group can file, depending on their financial status. The Form 990 options are:
· Form 990N (e-postcard): Gross receipts $50,000 or less
· Form 990EZ: Gross receipts less than $200,000 and total assets less than $500,000 at the end of the year
· Form 990: Gross receipts exceeding $200,000 at the end of the year
Please carefully review the linked documents below to ensure your club/group is completing the process correctly!