Please verify that the information on the form is correct and keep it for your records. If your organization had payments processed by Venmo, Paypal, or other peer to peer platform outside of Vault, please provide any 1099-K you may receive from them to your tax preparer. All income that your organization receives must be reported on your 990 tax return.
See IRS link for frequently asked questions about 1099-K reporting:
https://www.irs.gov/pub/taxpros/fs-2023-06.pdf