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Financial Reports

Forms 990

The IRS Form 990, Return of Organization Exempt from Income Tax, is the annual federal information return filed by charitable organizations that are exempt from income tax. The amounts in these statements are presented in accordance with IRS regulations.

Audited Financial Statements

The National Center for Family Philanthropy’s fiscal year is January 1 to December 31. NCFP’s financial statements are audited annually by a certified public accounting firm. Financial statements include a Statement of Financial Position, Statement of Activities, Statement of Functional Expenses, and Statement of Cash Flows, and should be read in conjunction with the Notes to Financial Statements.