09/17/2026
Form 990 may be getting more detailed, and for nonprofit organizations, that could mean greater attention on how funding, governance, and financial relationships are documented.
A new Treasury transparency initiative is expected to explore expanded reporting around areas such as government funding and fiscal sponsorship arrangements. While final requirements have not yet been issued, the direction is clear: strong documentation, sound internal controls, and informed board oversight will continue to matter.
In our latest article, we look at what these potential changes could mean for nonprofit leaders and the steps organizations can take now to strengthen their reporting and governance practices.
Blackman & Sloop’s nonprofit specialists can help organizations navigate Form 990 reporting, grant compliance, internal controls, and other complex financial and tax matters. If your organization wants to evaluate whether its current processes are prepared for greater scrutiny, our team can help.
Read more: https://b-sadvisors.com/proposed-form-990-revisions-could-bring-greater-scrutiny-to-nonprofits/
For nonprofit organizations, Form 990 has long served as more than an annual tax filing. It provides regulators, donors, grantors, board members, and the public with insight into an organization’s finances, governance, programs, and operations. Now, proposed changes could make that reporting even ...