This series of videos, each between five and ten minutes long, are part of The New Form 990 Getting Started case study. Each video covers a key area of the Form 990, using facts from the case study.

The videos are listed in an order based on the sequencing list found on page 5 of the Form 990 instructions. While we recommend that you view them in this order you may view them in any order, or select only the topics that interest you most.

In order to get the most out of the videos, first read the EODR case study. You may also want to print it out to help you follow along with the videos. And it might help to review a copy of EODR’s Form 990.

Please note that when you select a video, you will be redirected to another web site to view it. Return to this page to select additional videos.

Overview
This video is a good place to start for people who have questions about the redesigned Form 990. We’ll look at some of the key things to consider about the Form 990 and the various schedules that you may need to complete, particularly Schedule R.

Revenue and Expenses
This segment covers two of the financial statement portions: Part VIII, Statement of Revenue, and Part IX, Statement of Functional Expenses. We’ll look at how to fill out the required columns of information for revenue and expenses

Balance Sheet, Supplemental Financial Statements, and Schedule D
In this video, we will review Part X of the Form 990, the Balance Sheet, and Part XI, which covers Financial Statements and Reporting. We’ll explain some differences that you may notice from the prior version of Form 990. We’ll also focus on parts of Schedule D, Supplemental Financial Statements.

Program Services, Other IRS Filings and Tax Compliance
This video focuses on Part III, which allows an organization to “tell its story” and describe its program services, and Part V, which covers other IRS filings and areas of tax compliance. Part V will alert you if you have other filing obligations besides the Form 990 and will help you to determine if your organization engages in activities that raise tax compliance concerns.

Compensation
In this segment , we’ll focus on Form 990 compensation reporting in Part VII. We’ll explain who needs to be listed in Part VII and explain the three types of compensation to report. We’ll also highlight Schedule J, the compensation continuation schedule.

Governance
In this segment, we’ll describe how to complete Part VI of the redesigned Form 990, which requests information about the organization’s governing body, management, policies and procedures, and disclosure practices. We’ll also focus on Schedule L, which requests information on transactions with interested persons, such as directors, officers, key employees, and their family members.

Summary, Schedules, Signatures
This segment covers Parts I, II and IV of the Form 990—Summary, Signature Block and Checklist of Required Schedules. We’ll also provide an overview of several new schedules to the Form 990.

If you still have questions about the Form 990 after reviewing these videos and the other information on this website, please contact the IRS at Form990Revision@irs.gov.