Form 990 Schedule B Generator
Prepare IRS Form 990 Schedule B for reporting contributions and donor information
Organization Information
Contributors Information
Note: Report all contributors who donated $5,000 or more during the tax year. For 501(c)(3) organizations, this includes any person whose total contributions exceed $5,000.
No contributors added yet. Click "Add Contributor" to begin.
Generated Schedule B
Your Form 990 Schedule B will appear here
Fill in the form and click "Generate Schedule B" to create your document
When to Use Form 990 Schedule B
Annual Tax Filing
When filing your annual Form 990, include Schedule B if your organization received contributions meeting the reporting threshold.
Major Donor Reporting
Document and report contributions from major donors who have given $5,000 or more during the tax year.
Fundraising Campaigns
Track and report large donations received during specific fundraising campaigns that exceed the reporting threshold.
Non-Cash Contributions
Report non-cash contributions such as property, securities, or equipment that meet the reporting requirements.
Donor Transparency
Maintain transparency with the IRS and public (for 501(c)(3) organizations) about your major sources of funding.
Compliance Documentation
Ensure compliance with IRS requirements for tax-exempt organizations regarding contributor disclosure.
Frequently Asked Questions
What is Form 990 Schedule B?
Form 990 Schedule B is a supplement to Form 990 that requires certain tax-exempt organizations to provide detailed information about their contributors. It's used to report contributions of $5,000 or more from any single contributor during the tax year.
Which organizations need to file Schedule B?
Section 501(c)(3) organizations and 527 political organizations must complete Schedule B and provide it to the IRS. Other organizations may need to complete Schedule B but are not required to make it publicly available. Section 501(c)(3) organizations must also make Schedule B available for public inspection.
What is the reporting threshold for Schedule B?
The general threshold is $5,000. Organizations must report information about any person who contributed $5,000 or more in total during the tax year. For 501(c)(3) organizations, this includes all contributions that cumulatively exceed $5,000 from a single contributor.
Is this tool free to use?
Yes, this Form 990 Schedule B generator is completely free to use. You can create, preview, and download your Schedule B without any charges or registration requirements.
Is my data secure and private?
All data processing happens locally in your browser. We don't store or transmit your sensitive financial information to our servers. Your organization and contributor information remains completely private and secure.
Can I save my progress and continue later?
Currently, the tool doesn't have a save feature. We recommend completing and downloading your Schedule B in one session. You can use the generated PDF as a draft and make adjustments as needed before final submission.
What information do I need to provide for each contributor?
For each contributor above the $5,000 threshold, you'll need to provide their name, address, and total contribution amount. For non-cash contributions, you'll also need a description of the property type.
Can I use this generated form for official IRS submission?
This tool generates a formatted Schedule B that follows IRS requirements, but you should review it carefully before submission. For complex situations or if you're unsure about reporting requirements, consult with a tax professional.
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