Word: 990s
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...could do. So he struck out on his own, borrowing 50 shoe boxes of microfilm from the National Center for Charitable Statistics, and in 1996 began posting the financial data of nonprofit organizations on the Web. Three years later, the former agribusiness executive started airing Internal Revenue Service Form 990s, which charities are required to file if they receive $25,000 or more in donations...
...free database doesn't exactly allow visitors to run their own audit, but it enables analysts to compare charities with their counterparts and helps the IRS develop profiles of tax-exempt organizations that could be up to no good. One red flag: more than a fourth of the 990s submitted in 1997 and 1998 reported zero fund-raising costs, as unlikely as money growing on trees...
| 1 |