Nonprofit organizations must follow financial reporting rules. The Form 990 provides transparency and helps the public understand how nonprofits use their funds. MetroWest Legal Services (MWLS) files this form to show its financial activities.
This article explains the purpose of Form 990, what it includes, and why it matters for MetroWest Legal Services.
What Is Form 990?
Form 990 is an annual report that tax-exempt organizations file with the IRS. It provides financial details, including:
- Revenue and Expenses – Shows where funds come from and how they are spent.
- Compensation of Key Personnel – Lists salaries of top employees.
- Programs and Services – Describes the organization’s mission and activities.
- Compliance with Tax Laws – Ensures the nonprofit follows regulations.
The IRS requires nonprofits to submit this form if their annual revenue exceeds $50,000.
Why Does MetroWest Legal Services File Form 990?
MetroWest Legal Services is a nonprofit that provides free legal help to people in need. Since it receives public funding, it must file Form 990 to show financial accountability.
This form helps:
- Donors – They see how MWLS uses their contributions.
- Grant Providers – They check if MWLS follows funding rules.
- Government Agencies – They ensure MWLS operates legally.
- The Public – They understand MWLS’s financial health and mission.
Without Form 990, MWLS could lose its tax-exempt status.
Key Sections of Form 990
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Organization Information
This section includes:
- Name and Address – Basic contact details.
- Employer Identification Number (EIN) – Unique tax ID.
- Mission Statement – A summary of MWLS’s purpose.
It helps identify the nonprofit and confirm its legal status.
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Revenue and Expenses
This section lists:
- Total Revenue – Money received from grants, donations, and services.
- Total Expenses – Costs for operations, salaries, and programs.
- Net Assets – The nonprofit’s overall financial position.
These details show if MWLS is financially stable.
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Programs and Services
MWLS describes its key services, including:
- Legal Aid for Low-Income Individuals – Help with housing, family law, and public benefits.
- Assistance for Seniors and Disabled People – Support with healthcare and legal rights.
- Immigration Legal Services – Guidance on visas, citizenship, and asylum.
This section proves MWLS is using its funds to support its mission.
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Executive Compensation
Nonprofits must list salaries for key employees, such as:
- Executive Director
- Senior Attorneys
- Financial Officers
This ensures leaders are not overpaid or using funds unfairly.
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Compliance and Governance
MWLS must follow IRS rules, including:
- Conflict of Interest Policies – Prevents misuse of funds.
- Independent Audits – Verifies financial accuracy.
- Public Disclosure – Allows anyone to request and review Form 990.
This section shows MWLS operates ethically and legally.
How Form 990 Affects Donors and Supporters
- Helps Donors Make Informed Decisions
People who donate to MWLS want to know:
- How much money goes to legal aid?
- Are funds used efficiently?
- Is MWLS financially healthy?
Form 990 answers these questions, helping donors trust the organization.
- Builds Public Confidence
Transparency improves public trust. When MWLS files its Form 990 on time, it shows accountability.
- Influences Grant Decisions
Government agencies and private foundations review Form 990 before approving funding requests. If MWLS has a strong financial record, it is more likely to receive grants.
How to Access MetroWest Legal Services’ Form 990
Anyone can view Form 990 because nonprofits must make it public. You can find MWLS’s Form 990 in several ways:
✔ On the IRS Website – Search using MWLS’s EIN.
✔ On Charity Rating Websites – Platforms like GuideStar provide Form 990 records.
✔ Through MWLS Directly – Nonprofits must provide copies upon request.
Checking this form helps you stay informed about how MWLS operates.
Common Questions About MetroWest Legal Services Form 990
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Why Does MWLS File Form 990 Every Year?
Nonprofits must file annually to maintain tax-exempt status and show financial transparency.
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What Happens if MWLS Does Not File Form 990?
Failure to file for three consecutive years results in automatic loss of tax-exempt status.
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Can the Public Request More Financial Information?
Yes. Federal law requires nonprofits to provide copies of Form 990, Form 1023, and financial statements upon request.
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What If I See Something Suspicious in Form 990?
Concerns about misuse of funds can be reported to the IRS or state charity regulators.
Importance of Transparency in Nonprofits
MetroWest Legal Services serves the public, so financial transparency is essential. Form 990:
✅ Ensures financial accountability
✅ Builds donor trust
✅ Encourages responsible spending
✅ Prevents financial mismanagement
Without transparency, nonprofits risk losing credibility and funding.
Conclusion
The MetroWest Legal Services Form 990 provides valuable insight into the nonprofit’s finances. It details revenue, expenses, programs, and executive salaries.
By reviewing this form, donors, grant providers, and the public can ensure MWLS is using its resources wisely.
Understanding Form 990 helps people make informed decisions about supporting nonprofit organizations. Always check this report before donating or partnering with any charity.