lleachii--- via 44net 44net@mailman.ampr.org writes:
Being a former director on two 501(c)3's (and who volunteered and heard nothing) - I took time to review the annual reports. I have some questions. Who would I direct those to?
Our executive director Rosy Schechter should be point of first contact for questions like these. However, she's traveling this week, and since these are all "easy" questions for me to answer, I'm choosing to type this reply so you don't have to wait until next week to hear from her.
e.g. (but not limited to)
- I noted the 501(c)3 annual report on the website did not note
receipts/donations, only outgoing funds as "granting" "projects"
ARDC is now the form of 501(c)(3) called a Private Foundation, which is different from the public charity form you may be more familiar with. The big difference is that we disburse grants and gifts from an existing endowment, instead of actively soliciting donations to cover our cost of operations. A side-effect is that our federal filing switched to a 990PF, from the "normal 990" used by public charities.
I'd like to see you Public Filings and any required by California - or the Regents System, etc. as applicable, etc.
We are required to file annual tax information reports with both the IRS and the state of California. All of our filings are matters of public record and can be found through their respective public interfaces. To make the information easier to find, we directly publish our annual audited financial statements and associated IRS filings here:
https://www.ardc.net/about/legal/ardc-finances/
There's a lot of detail in each 990PF, but to understand what the grant money is actually going to, you might also be interested in reviewing the list of awarded grants at:
https://www.ardc.net/apply/grants/
Your 2023 IRS Form 990-PF not yet posted to your website - I await viewing it
Correct. The filing deadline for 990/990PF forms covering the previous calendar year is 15 May, and depending on the workload at the accounting firm that works on the annual audit required by the state of California, and what questions they have for us (or we have for them!) through that process, in past years we've often needed to request the instantly approved IRS 6-month extension of time to file.
73 - Bdale, KB0G ARDC President (and former Treasurer)