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Researching Nonprofits

Databases

NAICS and SIC codes help classify and measure industry activity. Knowing the code for your industry will help you find reports, articles, and other information on that industry. To look up codes by keyword, use the following sites.

The nonprofit industry can be researched in the following databases:

Breakdown of the IRS form 990

Most tax-exempt nonprofit organizations must file a public financial document called a form 990 every year with the IRS. The tools in this guide will help you background or investigate a nonprofit organization. Blank form 990 from IRS.gov

Federal Filing Requirements for Nonprofits

The core Form 990 requests information on the following:

1. Basic facts about the filer
2. What kind of programs does the filer run and how much does it spend on them?
3. Who are the filer’s board members and how does the filer govern itself?
4. Did the filer change in any significant way during the year?
5. How much income did the filer receive and from what sources?
6. What did the filer spend its money on?
7. How much do top earners get paid and salary information?
8. Did the filer engage in any insider or excess benefit transactions during the year?
9. Basis for public charity status (if a charity)
10. Does the filer lobby or exercise the 501(h) election?

Source: The above list of 990 highlights is an excerpt from this resource by Beth Simone Noveck and Daniel L. Gorof, Information for Impact: Liberating Nonprofit Sector Data, The Aspen Institute