Looking for a Form 1024 Templates? Download it for free!

light, power, and other utilities, outside

by the organization in conducting its

Line 5. Include the amount collected by

janitorial services, mortgage interest, real

exempt activities. Attach a schedule listing

any local tax authority from the public on

estate taxes, and similar expenses.

these assets held at the end of the current

your behalf.

tax-year period and the cost or other

Line 19. Submit an itemized list showing

Line 6. To determine the value of

basis.

the type and amount of each significant

services or facilities furnished by a

expense for which a separate line is not

Line 9. Enter the book value of land not

governmental unit, use the fair market

provided.

held for investment.

value of the services or facilities furnished

to you. Do not include the value of

Line 20. Add lines 13 through 19 and

Line 10. Enter the book value of each

services or facilities generally provided to

enter the amount on line 20.

category of assets not reported on lines 1

the public without charge.

through 9. Attach a schedule listing each.

B. Balance Sheet

Line 7. Enter the total income from all

Line 11. Add lines 1 through 10 and enter

sources not reported on lines 1 through 6,

Line 1. Enter the total interest and non-

the amount on line 11.

or lines 9 and 11. Submit an itemized list

interest-bearing cash in checking and

Line 12. Enter the total of accounts

showing each type and amount of income

savings accounts, temporary cash

payable to suppliers and others, such as

included on this line. Also, briefly describe

investments (money market funds, CDs,

salaries payable, accrued payroll taxes,

each type of income.

treasury bills, or other obligations that

and interest payable.

mature in less than 1 year), change funds,

Line 8. Add lines 1 through 7 and enter

and petty cash funds.

Line 13. Enter the unpaid portion of

the amount.

grants and contributions that the

Line 2. Enter the total accounts

Line 9. “Gross receipts” is income from

organization has made a commitment to

receivable that arose from the sale of

activities that you conduct to further your

pay to other organizations or individuals.

goods and/or performance of services.

exempt purposes (excluding amounts

Line 14. Enter the total of mortgages and

listed on other lines). It includes payments

Line 3. Enter the amount of materials,

other notes payable at the end of the year.

by a governmental unit that may be called

goods, and supplies purchased or

Attach a schedule that shows each item

a “grant,” but that is actually payment for a

manufactured by the organization and

separately and the lender's name,

service or facility for the use of the

held to be sold or used in some future

purpose of loan, repayment terms, interest

government payer, rather than for the

period.

rate, and original amount.

direct benefit of the public.

Line 4. Attach a schedule that shows the

Line 15. Enter the amount of each liability

Line 10. Add lines 8 and 9 and enter the

name of the borrower, a brief description

not reported on lines 12 through 14.

amount.

of the obligation, the rate of return on the

Attach a separate schedule.

principal indebtedness, the due date, and

Line 11. Attach a schedule with total

the amount due.

Line 16. Add lines 12 through 15 and

amounts entered (rather than each

enter the amount on line 16.

individual transaction) for each category.

Line 5. Attach a schedule listing the

organization's corporate stock holdings.

Line 17. Under fund accounting, an

Line 12. Combine lines 10 and 11 and

organization segregates its assets,

For stock of closely held corporations,

enter the amount.

liabilities, and net assets into separate

the schedule should show the name of the

Line 13. Fundraising expenses include

funds according to restrictions on the use

corporation, a brief summary of the

the total expenses incurred by you for

of certain assets. Each fund is like a

corporation's capital structure, the number

soliciting gifts, grants, and contributions

separate entity in that it has a

of shares held, and their value as carried

included on line 1. Where you allocate a

self-balancing set of accounts showing

on the organization's books. If such

portion of your other expenses to

assets, liabilities, equity (fund balance),

valuation doesn't reflect current fair market

fundraising, submit an itemized list

income, and expenses. If the organization

value, also include fair market value.

describing the amounts allocated. Include

uses fund accounting, report the total of all

For stock traded on an organized

fees paid to professional fundraisers for

fund balances on line 17.

exchange or in substantial quantities over

soliciting gifts, grants, and contributions.

If the organization doesn't use fund

the counter, the schedule should show the

Line 14. If distributions have been made,

accounting, report only the “net assets”

name of the corporation, a description of

submit an itemized list showing the name

account balances, such as capital stock,

the stock and the principal exchange on

of each recipient, a brief description of the

paid-in capital, and retained earnings or

which it is traded, the number of shares

purposes or conditions of payment, and

accumulated income.

held, and their value as carried on the

the amount paid.

organization's books.

Line 18. Add lines 16 and 17 and enter

Line 15. If payments have been made,

the amount on line 18.

Line 6. Attach a schedule that shows the

submit an itemized list showing the name

borrower's name, purpose of loan,

Part VII. Annual Filing

of each recipient, a brief description of the

repayment terms, interest rate, and

Requirements

purposes or condition of payment, and

original amount of loan. Report each loan

amount paid. Do not include any amounts

Certain organizations aren't required to file

separately, even if more than one loan

on line 14.

was made to the same person.

an information return (Form 990 or Form

990-EZ) or notice (Form 990-N).

Line 16. Enter the total amount of

Line 7. Enter the book value of U.S.,

Generally, organizations not required to

compensation. Be consistent with

state, or municipal government securities

file Form 990, or Form 990-EZ, or Form

information provided in Part IV, lines 3a,

held. Also enter the book value of

990-N include churches, certain church

3b, and 3c.

buildings and equipment held for

affiliated organizations, and certain

investment purposes. Attach a schedule

Line 17. Enter the total amount of

affiliates of a governmental unit. Note that

identifying each.

employees’ salaries and wages not

organizations that are exempt from filing

reported on line 16 above.

Form 990 or Form 990-EZ because of

Line 8. Enter the book value of buildings

and equipment not held for investment.

gross receipts are generally required to

Line 18. Enter the amount paid for the

This includes plant and equipment used

submit Form 990-N if they choose not to

use of office space or other facilities, heat,

Instructions for Form 1024-A

-5-

Instructions For Form 1024-A - Application For Recognition Of Exemption Under Section 501(C)(4) Of The Internal Revenue Code Page 5

Related Articles

Related forms

Related Categories