IRS Form 990 is a required annual information return that tax-exempt organizations must file with the Internal Revenue Service (IRS) to maintain compliance and transparency. This form provides detailed information about a nonprofit’s financial performance, programs, governance, and operations, helping the IRS and the public assess whether the organization continues to qualify for tax-exempt status. By disclosing key data such as revenue, expenses, and leadership compensation, Form 990 supports nonprofit accountability, regulatory compliance, and donor trust, making it an essential document for both oversight and credibility.