Get Irs 990 - Schedule I 2024-2025

Filling out the IRS 990 - Schedule I is essential for organizations that provide grants and assistance to other entities. This guide will help you navigate the process step-by-step, ensuring accuracy in reporting and compliance.

Follow the steps to complete Schedule I accurately.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin with Part I by indicating whether your organization maintains records to substantiate grant amounts, eligibility, and selection criteria. If the answer is 'Yes,' describe your monitoring procedures in Part IV.
3. Move to Part II if your organization answered 'Yes' on Form 990, Part IV, line 21, for any recipients who received more than $5,000. Enter the name and address, Employer Identification Number (EIN), any applicable IRC section, the amount of cash grants, method of valuation for noncash assistance, and a description of the assistance provided.
4. Complete the total numbers for both section 501(c)(3) organizations and other organizations listed in this section.
5. Proceed to Part III if your organization answered 'Yes' on Form 990, Part IV, line 22. Here, you will detail grants and assistance provided to domestic individuals. Fill in the type of assistance, number of recipients, amounts of cash and noncash assistance, method of valuation, and descriptions.
6. Finally, complete Part IV by providing any supplemental information required for clarity, including information from Parts I and III.
7. Once you have filled in all necessary sections, you can save your changes, download, print, or share your completed form.

Start filling out your IRS 990 - Schedule I online today for timely compliance.