In 2009, the Internal Revenue Service revised which form to be a financial and governance report?

A) Form 1040V, Payment Voucher
B) Form 1040, U.S. Individual Income Tax Return
C) Form 1023, Application for Recognition of Exemption
D) Form 990, Return of Organization Exempt From Income Tax

Governance Report

A document outlining the structures, practices, and processes an organization utilizes to direct and manage its operations, ensuring accountability, fairness, and transparency.

Financial Report

A formal record that outlines an entity's financial activities and condition, often including income statements, balance sheets, and cash flow statements.

Internal Revenue Service

The federal agency in the U.S. that collects taxes and enforces tax legislation.