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Form 990-PF for Chico California: What You Should Know
The form contains financial information about the organization including its income, expenditures and assets. The foundation, based in Chico, operates several educational programs and a medical clinic. “As part of its education services, it serves children in grades 1-12 through its CHILI (Chico Independent Living Institute) facility, as well as through its programs with other local agencies,” an IRS return filed by the foundation said. An IRS form with a similar description was obtained by ProPublica through an Open Public Records Act request. IRS officials told NPR that the return was filed by the CHICO City School District. CHICO CITY SGT. NATHAN KHAN/DETROIT POLICE The IRS form 990 for the university foundation provides a detailed account of all the services provided by the foundation for the first five years the group operated under that name, which began with 2001. The organization had paid 1.9 million in tax-exempt program service expenses by the end of 2013, the latest year for which figures are available from the foundation, according to the form. It has reported annual revenues ranging from 6.4 million to 30.9 million for each of the past five years while incurring 9.5 million to 31.6 million in program costs, according to IRS figures. The University Foundation had given as much as 2.
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