Are there any requirements to report information of my organization, which is a school on Schedule E?
3.6k views |
Last modified 3/23/2021 9:31:57 AM EST |
Added by ExpressTaxExempt Team
Yes, your organization needs to satisfy some requirements before filing information using Schedule E along with Form 990.
In general, an organization treated as a private school must be recognized with tax-exempt status and must have racially nondiscriminatory policies toward their students.
However, the following requirements are must be satisfied by an organization that is treated as a private school:
- Organizational requirements
- Statement of policy
- Facilities and programs
- Scholarship and loan programs
- Certification and
- Faculty and staff