IRS Form 990
Automated data extraction from IRS Form 990 with Docsumo
Extract data from Form 990 much faster with Docsumo’s intelligent OCR technology. Enjoy the benefits of improved accuracy and smooth data validation. Improved turnaround time with minimal setup requirement.
Challenge
Tax exempt organizations are required to file form 990 annually outlining their accomplishments in the previous year. This data is further extracted to verify their tax exempt status and for other tax filing purposes, often manually.
This manual data extraction comes with possible fat finger errors along with poor accuracy. On the top of that, the process is painfully slow, often resulting in tax filing delays.
Solution
With Docsumo, free up your essential resources by automating form 990 processing with 99% accuracy.
Standard fields that are extracted
You can easily add, delete and move any field.
Name
Address
Employer ID number
Telephone number
Tax exempt status
Website
Form of organization
Year of formation
State of legal domicile
Organization's Mission
Number of voting members
Individuals employed
Number of volunteers
Unrelated business revenue
Contributions and grants
Program service revenue
Code
Expense
Grants
Revenue
Name
Address
Employer ID number
Telephone number
Tax exempt status
Website
Form of organization
Year of formation
State of legal domicile
Organization's Mission
Number of voting members
Individuals employed
Number of volunteers
Unrelated business revenue
Contributions and grants
Program service revenue
Code
Expense
Grants
Revenue
Docsumo Advantage
< 30 sec
Processing Time
Reduce turnaround time from hours to minutes.
70%
Cost Reduction
Halve your cost of operations when processing 50k+ statements/month.
99%+
Accuracy
Reduce manual errors and get precise data
Features
Build an automated tax filing solution within minutes. Scan form 990 and extract information in real-time without needing technical skills or coding.
Amazingly Fast Processing
It takes less than a minute to import a document, process it, extract all data fields from it and send the data to other apps.
Batch Uploads
Simply drag and drop documents from your local disk to upload your files in batches. You can also use our API or cloud integrations to automatically import your documents.
Easily Download Data
Docsumo converts PDF to CSV, Excel, JSON and XML files formats. You can download extracted data for any date range in the format you like.
Advanced Image Processing
Advanced image preprocessing (deskewing, noise reduction, contrast correction) gives higher data extraction accuracy.
Extract Tables
Extract multipage tabes from PDF bank statements and convert them to excel or JSON data for downstream processing.
Integrate with API or Webhooks
Docsumo makes it very simple to send extracted data to any other software with APIs & webhooks out of the box.
Smart Filters
Apply filters for dates, numbers and other regular expressions to extract data in desired format.
Amazingly Fast Processing
It takes less than a minute to import a document, process it, extract all data fields from it and send the data to other apps.
Batch Uploads
Simply drag and drop documents from your local disk to upload your files in batches. You can also use our API or cloud integrations to automatically import your documents.
Easily Download Data
Docsumo converts PDF to CSV, Excel, JSON and XML files formats. You can download extracted data for any date range in the format you like.
Advanced Image Processing
Advanced image preprocessing (deskewing, noise reduction, contrast correction) gives higher data extraction accuracy.
Extract Tables
Extract multipage tabes from PDF bank statements and convert them to excel or JSON data for downstream processing.
Integrate with API or Webhooks
Docsumo makes it very simple to send extracted data to any other software with APIs & webhooks out of the box.
Smart Filters
Apply filters for dates, numbers and other regular expressions to extract data in desired format.
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