Form 990 processing

1000+

fields

99.5%

straight-through processing

80%

reduction in full-time employees

Client

A leading science & technology provider

Goal

Accurately extract all data from the Form 990 (1000+ fields) with near 100% accuracy

CHALlENGE Overview

The Form 990 is an annual tax information filing exempting organizations from paying taxes. There are hundreds of thousands of 990 forms completed yearly that our client processes, each containing 1000+ fields to extract across 12 pages. 

The Form 990 is a challenge due to the large number of fields needed to be captured with near 100% accuracy due to the importance of the information. Client gave us this form to process after receiving sub-par results (under 80% accuracy) from other IDP providers. 

WHAT WE DID

Business value