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Pomona California Form 990 or 990-EZ - Schedule N: What You Should Know

JUNE 29, 2015, SCHEDULE I. GENERAL Schedule I. General. Annual Financial Statements and Quarterly Financial Information. Provide the following financial information for the preceding fiscal year. If there are adjustments, report a revised statement, and if the organization is classified as a small organization, provide the new classification as a footnote. Name of Form. A company name must be used whenever the organization is not a nonprofit and the organization's revenue is under 250,000. Amount paid for goods or services. Add up all amounts paid for goods and services received by the organization, minus any amount paid as a charitable contribution, under section 1032 of the Internal Revenue Code (26 U.S.C. 501(c)(3)). If the organization used a check to make its payments, the organization may report the amount paid for the goods or services it received as a payment of an expenditure.  Name of person(s) making payment. If you are the person making the payment, include the following information. A. Amount of payment. B. Date and amount of payment. C. Receipt. D. Amount of receipt. E. Amount of return payment. Itemized list of transactions for the year by: A. Amount of payment received. B. Amount of receipt. Amount of donations. Record the total dollars your organization has received in gifts in the preceding year. Include the following: A. Total dollars received in gifts received. B. Amount of gifts received. C. Total dollar value of gifts. D. Total amount of donations. Amount of donations received in cash, on credit, or in kind. Record the total amount for goods or services received in the year for which you received cash, on credit, or in kind. Include the following: A. Quantity of goods or services accepted in kind. B. Total cash cost of the goods and services. C. Total amount of goods and services received. D. Cash value of donated goods or services received. Amount paid for goods, services or property not received (donated). Add up all amounts paid for goods and services received by the organization. If there are adjustments, report a revised statement, and if the organization is classified as a small organization, provide the new classification as a footnote on Schedule N. Amounts received as contributions, grants or donations. Add up all amounts received for the purpose of buying goods or services or donating property other than money. Include the following. A.

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