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Even Though a Church Is Not Required to Obtain IRS

question 39

True/False

Even though a church is not required to obtain IRS approval of its exempt status, it still must file Form 990 (Return of Organization Exempt from Income Tax) annually.


Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.

Judgment

The ability to make considered decisions or come to sensible conclusions.

Advocacy

The act of supporting or arguing for a cause, policy, or group of people, often to promote change.

Bioethics

A field of study that deals with the ethical implications of biological research and applications, especially in medicine.

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