I have a NFP client that is dissolving this fiscal year. I answered "yes" to line 36 of the 990-EZ. I must do Schedule N, but how should I prepare it if my only asset is $3,399 in CASH? My balance sheet is now zero.
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Well, where did the cash go?
See if this helps:
https://www.irs.gov/charities-non-profits/termination-of-an-exempt-organization
Do I need to list each transaction or is their a dollar amount threshold? The article does not say.
It isn't clear what is "each transaction." I don't see where you answered where the funds went?
https://www.irs.gov/pub/irs-pdf/f990sn.pdf
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