What information about a related organization is required to be reported on Schedule R, Form 990?
Parts I-IV of Schedule R PDF ask for the related organization¡¯s name, address, employer identification number, primary activity, legal domicile and direct controlling entity. They also ask for certain other types of information depending on whether the related organization is a tax-exempt organization, a disregarded entity, a taxable corporation or a partnership for federal tax purposes, as follows:
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Tax-exempt organization:
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its exempt Code section (such as 501(c)(6))
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if exempt under section 501(c)(3), its public charity status
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whether the related organization is a controlled entity of the filing organization under Code section 512(b)(13)
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Disregarded entities:
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total income
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end-of-year assets
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Taxable corporation or trust:
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share of related organization¡¯s total income
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share of related organization¡¯s end-of-year assets
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percentage ownership
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related organization¡¯s entity type (C corporation, S corporation or trust)
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Partnership:
- percentage ownership
- share of related organization¡¯s total income
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share of related organization¡¯s end-of-year assets
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related organization¡¯s predominant type of income (related, investment or unrelated)
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unrelated business income amount (if any) reported in the partnership¡¯s Form 1065, Schedule K-1 PDF, box 20
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whether the partnership makes disproportionate allocations
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whether the filing organization is a general or managing partner or member