Blank Wisconsin Form

Wisconsin - Usage Guidelines

Filling out the Wisconsin form requires careful attention to detail. Ensure that all information is accurate and complete before submission. Once completed, the form can be emailed or mailed to the appropriate department. Follow the steps below to ensure proper completion of the form.

1. Gather necessary documents, including your IRS 990, 990EZ, or 990-PF, and any financial statements if applicable.
2. Begin with Section A, providing the name of your charitable organization and any trade names.
3. Enter your Wisconsin Charitable Organization Number and Federal Employer Identification Number.
4. Provide contact information for the individual the Department should contact regarding this form.
5. Indicate whether your organization used a professional fund-raiser or fund-raising counsel during the fiscal year in Wisconsin. If yes, provide their contact information.
6. Check if any previously submitted information has changed. If yes, attach an explanation and any amended documents.
7. In Section B, enter your organization’s fiscal year-end date.
8. Complete the financial information section, detailing contributions, other revenues, total revenue, expenses, and net assets.
9. Check the boxes next to the required attachments, ensuring that items A, B, and C are included.
10. If applicable, provide audited or reviewed financial statements based on your organization’s contributions for the fiscal year.
11. Finally, review the entire form for accuracy and completeness before submitting it via email or mail.

When filling out the Wisconsin form, it’s important to follow certain guidelines to ensure your submission is correct and complete. Here’s a list of dos and don’ts to keep in mind:

• Do provide accurate and complete information for all required sections.
• Do include the full names and contact information for your organization’s officers and board members.
• Do attach all necessary documents, such as the IRS Form 990, 990EZ, or 990-PF, if applicable.
• Do ensure that you have the correct fiscal year-end date entered on the form.
• Do double-check your calculations for total revenue and expenses to avoid errors.

• Don't staple any part of your submission, as this is explicitly prohibited.
• Don't forget to file within 12 months after your organization’s fiscal year-end.
• Don't leave any required fields blank; if a section is not applicable, indicate that clearly.
• Don't submit the form without reviewing it for clarity and completeness.
• Don't ignore changes in your organization’s information; if there are updates, provide documentation.

By following these guidelines, you can help ensure that your form is processed smoothly and efficiently. Proper preparation can save time and avoid potential issues down the line.

Filling out the Wisconsin form can be a straightforward process, but many individuals make common mistakes that can lead to delays or complications. One significant error is failing to provide complete organization information. This includes the name of the charitable organization, its trade names, and the correct WI Charitable Organization Number. Omitting any of this information can lead to processing issues and may require additional follow-up.

Another common mistake involves misunderstanding the filing requirements. Some organizations mistakenly believe they can use Form #1952 if they file IRS Form 990-N. This is incorrect. Organizations that file IRS Form 990-N must complete Form #1943 or Form #308 instead. It is crucial to ensure that the correct form is used to avoid unnecessary complications.

Individuals often overlook the importance of timely submission. The annual financial report must be filed within 12 months after the organization’s fiscal year-end. Late submissions can lead to penalties or loss of good standing with the state. Keeping track of deadlines is essential for compliance.

People also frequently misinterpret the financial information section. When reporting contributions, it is vital to include all relevant amounts and accurately categorize them. Misclassifying contributions or failing to include certain revenues can distort the financial picture of the organization, leading to potential legal issues.

Lastly, many individuals neglect to attach the required documentation. Items such as the list of officers, IRS Form 990, and financial statements are necessary for a complete submission. Not including these attachments can result in the form being deemed incomplete, which may delay processing and require resubmission.

When filing the Wisconsin form for charitable organizations, several other documents may be required to ensure compliance with state regulations. Each document plays a vital role in providing a comprehensive overview of the organization's financial activities and governance. Below is a list of commonly used forms and documents that accompany the Wisconsin form.

• IRS Form 990: This is an annual reporting return that most tax-exempt organizations must file with the IRS. It provides detailed information about the organization's mission, programs, and finances.
• IRS Form 990EZ: A simplified version of the IRS Form 990, this form is used by smaller tax-exempt organizations that meet specific criteria regarding their gross receipts and total assets.
• IRS Form 990-PF: This form is specifically for private foundations. It details their financial activities and distributions, providing transparency about how funds are allocated.
• IRS Form 990-N: Also known as the e-Postcard, this form is for small tax-exempt organizations with gross receipts of $50,000 or less. It requires minimal information and is filed electronically.
• Texas Horse Bill of Sale Form: For those engaging in equine transactions, the necessary Texas horse bill of sale documentation ensures legal clarity and protects both buyer and seller in the sale of a horse.
• Form 1943: This form is used by organizations that do not file IRS Form 990, 990EZ, or 990-PF. It serves as an alternative for filing annual reports in Wisconsin.
• Form 308: Similar to Form 1943, this form is another option for organizations that do not meet the filing criteria for the IRS 990 series.
• Audited Financial Statements: Required for organizations receiving over $500,000 in contributions, these statements must be prepared in accordance with generally accepted accounting principles (GAAP) and include an independent auditor's opinion.
• Reviewed Financial Statements: Organizations with contributions between $300,000 and $500,000 must provide reviewed financial statements, also prepared under GAAP, which offer a lower level of assurance than audited statements.
• List of Officers and Directors: This document must include the names, addresses, and titles of all officers, directors, and trustees, ensuring transparency in governance.
• List of States with Licenses: Organizations must provide a list of states where they are authorized to solicit contributions, demonstrating compliance with various state regulations.

Each of these documents contributes to a clearer understanding of the organization’s operations and financial health. Ensuring all required forms are completed accurately and submitted on time is crucial for maintaining compliance and fostering trust with donors and the community.