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This document outlines the financial activities of RIDE 2 RECOVERY, a 501(c)(3) organization, for the year 2016, detailing revenue, expenses, and program services supporting injured veterans.
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What is form 990?
Form 990 is an annual information return that tax-exempt organizations in the United States must file with the Internal Revenue Service (IRS). It provides a comprehensive overview of the organization’s activities, governance, and financial information.
Who is required to file form 990?
Organizations that are tax-exempt under section 501(c)(3) and other 501(c) categories are generally required to file Form 990, with some exceptions based on revenue thresholds and specific types of organizations.
How to fill out form 990?
To fill out Form 990, organizations need to gather financial records, organizational details, and information about their programs and activities. They can then complete the form using the IRS instructions, and can also use tax preparation software or consult a tax professional.
What is the purpose of form 990?
The purpose of Form 990 is to provide transparency about the activities and finances of tax-exempt organizations, allowing the IRS and the public to evaluate their operations and ensure compliance with tax laws.
What information must be reported on form 990?
Form 990 requires reporting of the organization’s mission, governance structure, financial statements, revenue sources, expenses, compensation of key employees, and the organization’s activities and programs.
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