Glossary
Nonprofit Specific

Annual Information Return

By: Alec Hollingsworth
Updated:  
June 16, 2025

DEFINITION:

An Annual Information Return is the IRS-required yearly financial and operational report filed by most U.S. nonprofits to maintain tax-exempt status.
An Annual Information Return is a mandatory filing that most nonprofit organizations must submit to the IRS each year, typically using Form 990 series. This return discloses financial information, mission activities, governance practices, and compliance with tax regulations. The filing ensures transparency, accountability, and continued tax-exempt status. The type of return required depends on the organization’s size and gross receipts. Organizations may file Form 990, 990-EZ, or 990-N (e-Postcard) based on their financial thresholds. Failure to file for three consecutive years results in automatic loss of tax-exempt status. The Annual Information Return is also a public document, providing donors, regulators, and the general public with insight into an organization’s operations and stewardship of funds.

Key Takeaways

  • Required annually for most U.S. nonprofits
  • Includes financial, governance, and activity details
  • Failure to file can revoke tax-exempt status
  • Information is publicly accessible
  • Type of return depends on organization size

Why It Matters

It ensures regulatory compliance, maintains tax-exempt status, and fosters public trust.

Real World Example

Imagine a small animal rescue nonprofit with annual gross receipts of $40,000. Each year, the organization must file Form 990-N, the e-Postcard version of the Annual Information Return, with the IRS. This form confirms their ongoing operations and tax-exempt status. If the nonprofit grows and exceeds $50,000 in gross receipts, it would need to file the more detailed Form 990-EZ or Form 990. Timely filing not only keeps the organization compliant but also reassures donors and grantmakers who review these public documents before making contributions.

How Aplos Helps

Aplos simplifies the tracking and reporting of financial data needed for your nonprofit’s Annual Information Return. By using Aplos, you can generate accurate reports and maintain organized records, making it easier to complete your Form 990 or other required filings. Our platform streamlines the preparation process, reducing the risk of errors and helping you stay compliant with IRS regulations.
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Frequently Asked Questions

What is an Annual Information Return?

It is a yearly filing required by the IRS for most nonprofits to report financial, operational, and governance details, typically via Form 990 series.

Who must file an Annual Information Return?

Most U.S. nonprofits are required to file, though the exact form and filing requirements vary based on the organization's gross receipts and assets.

What happens if a nonprofit fails to file?

Failure to file for three consecutive years results in automatic revocation of the organization’s tax-exempt status by the IRS.

Is the Annual Information Return public?

Yes, these returns are public documents and can be accessed by donors, researchers, and the public to review a nonprofit’s activities and finances.

How can Aplos help with the Annual Information Return?

Aplos organizes your financial records and generates reports, streamlining the information-gathering process needed to complete your annual filing efficiently.