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Form AG990-IL.INS ILLINOIS CHARITABLE ORGANIZATION KWAME RAOUL
Revised 01/24 FORM AG990-IL FILING INSTRUCTIONS ATTORNEY GENERAL
A COMPLETE ANNUAL FINANCIAL REPORT (AG990-IL with all required attachments and applicable fees) is due within six months after the
organization’s fiscal year end. A REPORT WILL NOT BE CONSIDERED FILED UNLESS IT IS COMPLETE. A COMPLETE ANNUAL FINANCIAL
REPORT must include the following items:
1. $15 Annual Filing Fee - Make check or money order payable to “ILLINOIS CHARITY BUREAU FUND.” An annual financial report submitted without proper
fees will not be considered filed.
• Soliciting Organizations are required to pay a $15 Annual Report Filing Fee if gross contributions are greater than $15,000 or assets are greater than $25,000.
• Trust Organizations registered under the Charitable Trust Act only are required to pay a $15 Annual Report Filing Fee if gross revenues or assets are greater than
$25,000.
2. Form AG990-IL - Complete all sections and line items applicable to the organization. See 7 below for Simplified Filing Option for Small Organizations. An annual
financial report submitted with an incomplete Form AG 990-IL will not be considered filed.
A. CO#: Include CO# on the Form AG 990-IL. Correct any incorrect name or address information if using preprinted form and highlight any corrections.
B. SIGNATURES: The Form AG 990-IL must be signed by two different officers (president or other authorized officer and the chief fiscal officer) or by two
trustees. One signature shall be accepted if there is only one trustee. A Form AG 990-IL without required signatures is incomplete.
C. Part I, Line D: Report “contributions” as defined by the Solicitation for Charity Act. The Solicitation for Charity Act defines “contributions” to include the gross
amounts of cash donations as well as gross sums paid by the public for merchandise, special events, rights or services of the organization. A Form AG 990-IL that
fails to report “contributions” as defined by the Solicitation for Charity Act is incomplete. (A complete definition of “contribution” under the Solicitation for
Charity Act is shown on the back of these instructions.)
D. Part II, Line J1: Report all program costs associated with a combined fund-raising appeal to the extent such was allocated to Charitable Program Service
Expense and entered on line J as Charitable Program Service Expense. The amount should equal the amount reported on the back of the AG990-IL form,
question 7b(ii). You must have and maintain the documentation to support the allocations made.
E. Part III, Line S: Report fees paid to all fund-raising consultants during the year. Attach a list identifying each consultant by name and address and
specify the amount paid to each.
F. Part V, Lines W, X, Y Program Service Codes: Select up to three codes from those on back of these instructions which best describe the program
service(s) for which the organization spent funds.
3. IRS Return or Report - IRS form 990 (excluding Schedule B), 990EZ (excluding Schedule B), 990PF, 1041, 1120 or other, must be attached if required by the IRS.
If the organization did not file a federal return or report, attach explanation. An annual financial report submitted without the required federal return or report is
incomplete.
4. Auditedmust be attached by a public charity if contributions exceeded $500,000 orif the public charity raised contributions in excess of Financial Statements –
$25,000 through the services of professional fund-raiser. The Solicitation for Charity Act defines “contributions” to include the gross amounts of cash donations as well
as gross sums paid by the public for merchandise, special events, rights or services of the organization. (A complete definition of “contribution” under the Solicitation for
Charity Act is shown on the back of these instructions.) An annual financial report without required audited financial statements is incomplete.
5. Reviewed Financial Statements – must be attached by a public charity whose fund-raising functions are carried on solely by staff and volunteers and who receive
contributions in excess of $300,000 but not in excess of $500,000. The Solicitation for Charity Act defines “contributions” to include the gross amounts of cash
donations as well as gross sums paid by the public for merchandise, special events, rights or services of the organization. (A complete definition of “contribution”
under the Solicitation for Charity Act is shown on the back of these instructions.) An annual financial report without required reviewed financial statements is
incomplete.
6. Form IFC - Report of Individual Fundraising Campaign - If the organization used a paid professional fund-raiser, a separate Form IFC is required for each
campaign, and each must be signed by both the professional fund-raiser and an officer or director of the organization. An annual financial report without the
required Form IFC is incomplete.
7. Simplified Filing Option for Small Organizations:
• Soliciting Organizations with gross contributions and assets of $25,000 or less during the fiscal year may file an AG990-IL with all required signatures, disclosing
only total revenue, total expenditures, and assets at the fiscal year end (Line A, G and O of the AG990-IL). A $15 annual report filing fee is due only if gross
contributions were more than $15,000.
• Trust Organizations registered solely under the Charitable Trust Act with gross revenue and assets of $25,000 or less during the fiscal year may file an AG990-
IL with all required signatures, disclosing only total revenue, total expenditures, and assets at the fiscal year end (Line A, G and O of the AG990-IL). A $15 annual
report filing fee is not due.
60 DAY EXTENSION and LATE REPORT FILING FEES:
• A 60 day extension will be granted only upon the filing of a written request with the Attorney General prior to the report due date.
• If a proper and complete annual report (AG990-IL with all required attachments and applicable fees) or a written extension request is not received prior to
the due date, a $100 late report filing fee (checks payable to the “Illinois Charity Bureau Fund”) is required by Illinois law. The report cannot be accepted
and will not be considered filed if it is late and the late fee is not paid.
Submit the complete annual financial report (AG990-IL with all required attachments and applicable fees) or written extension request to:
OFFICE OF THE ATTORNEY GENERAL
CHARITABLE TRUST BUREAU
ATTN: ANNUAL REPORT SECTION
115 S. LASALLE ST
CHICAGO, IL 60603
(312) 814-2595
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