Practice Test Geeks(CNC) Certified Nonprofit Consultant Practice Test
← All CNC Flashcard Decks

Form 990 & Compliance Calendar Flashcards

7 cards from real CNC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Form 990 & Compliance Calendar flashcards as text

  1. When a nonprofit changes its fiscal year, it must file a 'short-year' return covering:

    Answer: The transition period from the old year end to the new year end

    A short-year return covers only the transition period between the old fiscal year end and the new fiscal year start, and the thresholds for which form to file are not prorated.

  2. Which category of organization is automatically exempt from Form 990 filing requirements without needing to request an exemption?

    Answer: Churches and certain church-related organizations

    Churches, their integrated auxiliaries, and conventions or associations of churches are specifically excluded from the Form 990 filing requirement by statute.

  3. A private foundation is required to file which return instead of Form 990?

    Answer: Form 990-PF

    Private foundations must file Form 990-PF (Return of Private Foundation), which includes additional information on qualifying distributions and minimum distribution requirements.

  4. For a compliance calendar, the state charitable solicitation registration renewal deadline is most commonly tied to:

    Answer: The organization's fiscal year end

    Most states require charitable solicitation renewals within a set number of months (commonly 4–6) after the organization's fiscal year end, mirroring Form 990 timing.

  5. An organization applying for retroactive reinstatement of automatically revoked exempt status must demonstrate:

    Answer: It had reasonable cause for not filing for all missed years

    To obtain retroactive reinstatement, the organization must show reasonable cause for each year it failed to file and must file all missing returns.

  6. The unrelated business income tax (UBIT) compliance calendar for a nonprofit with a December 31 fiscal year end requires Form 990-T to be filed by:

    Answer: May 15

    Form 990-T (Exempt Organization Business Income Tax Return) follows the same due date as Form 990—the 15th day of the 5th month after fiscal year end, which is May 15 for calendar-year filers.

  7. Which Form 990 Part VI question specifically addresses whether the organization has a written conflict-of-interest policy?

    Answer: Part VI, Line 12a

    Part VI, Line 12a asks whether the organization has a written conflict-of-interest policy, and subsequent lines ask how it is monitored and enforced.