The Internal Revenue Service’s manager for electronic program initiatives has said the IRS will be ready to accept electronic submission for Form 990, the annual financial and activity report filed by most nonprofits, during the first quarter of 2004. Several software firms have developed programs for online preparation of Form 990 in order to be available for the May 15, 2004 deadline for groups that have the calendar year as their fiscal year. Related forms will also be available, including Form 990EZ, Form 8868 (to extend time for filing) and Form 1120-POL (for political action committees with taxable income). E-filing for private foundations and unrelated business income will be available in 2005. OMB Watch is part of an effort to promote and facilitate timely implementation of electronic filing, along with public disclosure of Form 990s on a searchable web site. For more information see the Electronic Data Initiative for Nonprofits (EDIN) website.