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This document provides an overview of the financial activities, governance, and programs of REACHUP, Inc., a nonprofit organization dedicated to advocating for healthcare equality and reducing infant mortality through community programs.
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What is form 990?
Form 990 is an informational tax form that certain tax-exempt organizations in the United States are required to file with the Internal Revenue Service (IRS) annually.
Who is required to file form 990?
Tax-exempt organizations with gross receipts over $200,000 or total assets over $500,000 are required to file Form 990. Smaller organizations may need to file Form 990-EZ or Form 990-N depending on their gross receipts.
How to fill out form 990?
To fill out Form 990, organizations must gather their financial records, follow the instructions provided by the IRS, complete the sections regarding revenue, expenses, and compensation, and ensure all required schedules and attachments are included.
What is the purpose of form 990?
The purpose of Form 990 is to provide the IRS and the public with information about a nonprofit organization's financial status, governance, and compliance with tax laws, thereby promoting transparency and accountability.
What information must be reported on form 990?
Form 990 requires reporting of financial information including revenue, expenses, assets, liabilities, and details about the organization's mission, programs, and governance.
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