List Gifts & Contributions with Ease

One of the most important aspects of exempt organizations is public support, which can come in the form of gifts, grants, contributions, or fundraising events. The amounts your nonprofit receives can vary widely, but one consistent fact is that contributions totaling $5,000 or more from any one contributor need reporting in your 990 (Long) or 990-EZ IRS filing.

With our affiliate site, ExpressTaxExempt.com, you can easily list all your contributors in one convenient section of your “Statement of Revenue.” All you need is the:

• Name of Contributor
• Address Details
• Type of Contribution

Fairly simple, right? But you have so many contributions from people that you can’t possibly have the time to list them all one by one. No worries there, friend – ExpressTaxExempt also has this fantastic feature in which you can enter all of the contributions you’ve received at once. It’s called Bulk Upload, and you can use it in three easy steps:

• Download the pre-made spreadsheet template
• Enter, or copy and paste, your contributions in the template and save
• Upload your saved spreadsheet from your computer into the program

You can find detailed instructions along with helpful screenshots from our other blog:
Gifts and Contributions

Important: The Bulk Upload feature is also used to list “Other Revenue,” “Other Expenses,” and “Lists of Officers.”

Currently, e-filing a 990/990-EZ form with a list of contributions requires that you have the name and address of individual contributors. For many CPAs who are filing on behalf of others, they may not have access to every person’s address – and many exempt organizations may not record that information at the time of each given contribution. In any case, it is still a requirement for electronic filing.

If you need more time to access contributor information, you can get three months of extra time by e-filing Form 8868 Part I with either ExpressExtension or ExpressTaxExempt. The process is super easy, and you can have your IRS extension form transmitted and approved within minutes. With our FREE downloadable Express 8868 app, you don’t even need to be on a computer – complete your e-filing on any iOS or Android device.

Assistance is only a click or a phone call away – call our e-filing experts for any questions or concerns about filing your tax extension. We’re available Monday through Friday from 9 a.m to 6 p.m. EST at (803) 514-5155, or email us at [email protected]. For general comments about e-filing 990 forms, give our neighbors at ExpressTaxExempt a call at (704) 839-2321. They’re just as friendly and helpful as we are – same operating hours apply.