RF IRS 990 Report Required for Tax-Exempt Organizations

RF Financial Concepts 101 

Understanding the Business of the RF


Module 4: Finding and Understanding RF Financial Data

RF IRS 990 Report Required for Tax-Exempt Organizations

IRS Form 990 is an annual information return used by tax-exempt organizations to provide the IRS with financial information such as gross income, receipts, and disbursements. It helps the IRS enforce the laws that govern nonprofits.

The RF, as an independent private, not-for-profit educational corporation that is tax exempt under the Internal Revenue Code (IRC) 501(c)(3), is required to submit the IRS 990 annually. The RF publishes the report on its website.

Sponsors and members of the public rely on Form 990 as the primary source of information about the RF - its financial strength, its mission, its program services, and how it spends its money. The report also details a wide range of information on compensation of officers, relationships with other organizations and RF policies.

The RF also completes the form IRS 990T mainly to disclose foreign investment partnerships.

What the Data Shows

The RF balance sheet appears in the RF's IRS Form 990 and shows numbers for the beginning of the year and the end of the year. The form reports on the business and operations of the organization.

Form 990 is an annual reporting return that certain federally tax-exempt organizations must file with the IRS.

It provides information on the filing organization's mission, programs, and finances.

Where to Find More Information

The RF's IRS 990 Report and a historical archive of reports going back to 2008 are available on the IRS Form 990 page of the RF website along with a IRS Form 990 Readers Guide which highlights the areas of our business about which people most often inquire and points to locations in the form where that information can be found.