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This document is the IRS Form 990 for the Regional Access Project Foundation, detailing the organization\'s financial information, governance, and tax-exempt status under section 501(c)(3). It includes data for the fiscal year ending June 30, 2023, focusing on the foundation\'s mission to enhance quality of life in Eastern Riverside County through funding and supporting community-based organizations.
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What is form 990?
Form 990 is an informational tax form that most tax-exempt organizations in the United States must file annually with the IRS. It provides a comprehensive overview of the organization's mission, programs, and finances.
Who is required to file form 990?
Most tax-exempt organizations, including charities, foundations, and other non-profits, with gross receipts above a certain threshold are required to file Form 990. This includes 501(c)(3) organizations and others, with specific exceptions based on size and type.
How to fill out form 990?
Form 990 can be filled out by gathering necessary financial information, including revenue, expenses, and assets, and then completing the form by following the IRS instructions. It is advisable for organizations to consult with a tax professional or accountant for accurate reporting.
What is the purpose of form 990?
The purpose of Form 990 is to provide transparency regarding the financial activities of tax-exempt organizations, enabling the IRS and the public to review their financial practices and ensure compliance with tax laws.
What information must be reported on form 990?
Form 990 requires organizations to report financial information, including revenues, expenses, net assets, program service accomplishments, governance structures, and compliance with public charity status.
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