Think of FORM
990 as your personal federal income tax return “on steroids.” Not
only does it contain financial information such as the charity’s revenues,
expenditures, the salaries of its highest paid employees, and the budgets
of its major programming areas, it also contains information about how
the charity is managed and how decisions are made. And unlike your personal
income tax return, FORM 990’s by law must be made available to the public.
As such, FORM 990’s have become an important means for increasing the
“transparency” of 501c-3 charities and an important source of information
for use by donors and nonprofit “watch-dog” organization to rate the
overall quality of all 501c-3 charities. One such “watch-dog” group is Guidestar.org.... there
you'll find information on any 501c-3 organization including its Employer
Identification Number (EIN), its FORM 990s, Guidestar’s own rating, and
much, much more. Guidestar
is one of the most, if not the most, comprehensive source of data on
501c-3 organizations found anywhere. If you want to find
out what any charity is doing, Guidestar is an indispensible place to
start your investigation. While Guidestar provides additional analysis
for a fee, all of the basic information on any 501c-3 nonprofit is available
free of charge. |