The Tennessee Sample of Summary of Financial Activities Form for 990EZ is a form used by tax-exempt organizations to report their financial activities to the Internal Revenue Service (IRS). The form is used to report income, expenses, and other financial data related to the organization's activities for the tax year. It is important to note that the 990EZ is used only for organizations that did not qualify for the full 990 Form. There are two types of Tennessee Sample of Summary of Financial Activities Form for 990EZ: the Short Form 990EZ and the Long Form 990EZ. The Short Form 990EZ includes basic information on the organization's finances including its total revenue, expenses, assets, liabilities, and net assets. The Long Form 990EZ includes more detailed information such as contributions received, salaries and other compensation paid out, and balances of funds held for investment purposes. Both forms must be completed and submitted to the IRS in order to comply with federal tax laws.