Most Skål USA club's status with the Internal Revenue Service requires an annual Information Return to be filed. This Return needs to be filed by the 15th day of the 5th month after the organization's accounting period ends (May 15 for a calendar-year filer). Which form an organization must file generally depends on its financial activity, as indicated in the chart below. If you have general questions regarding your filing requirements, please feel free to contact Eric Braendel with Skål USA at 202-898-4690 or skalusa@buses.org.
Status
Form to File
Gross receipts normally ≤ $50,000 Note: Organizations eligible to file the e-Postcard may choose to file a full return
990-N
Gross receipts < $200,000, and Total assets < $500,000
990-EZ
or 990
Gross receipts ≥ $200,000, or Total assets ≥ $500,000
990
Kind Regards,
Alton Hagen
Skål International USA | ph: (
202) 898-4690 |
skalusa@buses.org | 111 K Street NE, 9th Floor
