Experts Discuss Revised Form 990

Nonprofit board members are faced with new responsibilities as a result of the revised Form 990, which now requires information on board structure, policies, and practices and disclosure of full compensation for key employees and board members.

Yes. Those are some big changes to swallow in one sitting. Although the form has been in effect since 2008, the changes were so extensive that many still have questions. Attached is a discussion from The Chronicle of Philanthropy, which provides helpful tips on how to fulfill these new requirements and will hopefully answer any lingering questions.