January 21, 2009 Grand Valley State University Nonprofit Morning Series Presented by Peggy Bishop, CPA – Partner [email_address] 616.235.5200 / 800.824.7882 Fax 616.235.5285 The New Form 990

Federal Form 990 Form 990-N Gross receipts < $25,000 Gross receipts < $50,000 beginning in 2010 Form 990-T Form 990-PF Form 990-EZ Form 990

Form 990-N

Gross receipts < $25,000

Gross receipts < $50,000 beginning in 2010

Form 990-T

Form 990-PF

Form 990-EZ

Form 990

Form 990-EZ Transition May file 990-EZ… Schedules A, B, C, E, G, L and N < $500,000 > $50,000 and < $200,000 2010 tax year and later < $1.25 million > $25,000 and < $500,000 2009 tax year < $2.5 million > $25,000 and < $1 million 2008 tax year If Assets are If Gross Receipts are For

May file 990-EZ…

Schedules A, B, C, E, G, L and N

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