2025-08-07T11:40:51Z 2023-06-30 990EZ 2022-07-01 391392267 NEW RICHMOND AREA COMMUNITY FOUNDATION INC NEWR 6513033240 1422 174th Avenue New Richmond WI 54017 Jay Evans Secretary/Treasurer 6513033240 2025-08-06 2022 2025-03-06 01:10:19Z X X X www.nracfoundation.com X X 57000 57000 57000 56019 3394 59413 -2413 11740 9327 11740 9327 11740 9327 11740 9327 The NRACF promotes services and needs withing the city of New Richmond Hold annual event to feature programs available in the community 880 880 Tyson Lybeck Chairperson 0.00 0 0 0 Margret Swanson Executive Director 30.00 56019 0 0 Joseph Evans Secretary/Treasurer 0.00 0 0 0 false false false false false false false false false Joseph Evans 1422 174th Avenue New Richmond WI 54017 6513033240 false false false false false false false false false false false NONE 0 NONE 0 true X 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1.00000 0.00000 0.00000 0.00000 X Part 1 line 16 Other expenses include payroll processing fees, postage, bank charges, supplies and promotional materials. The Form 990-N was originally filed by this organization. In preparing to file the return, a 4 year average of gross earnings was used versus the acceptable 3 year average. I did not research the calculation properly, relying on information from a tax professional who did not work with the 990 form, but thought the correct calculation was to use a 4 year average. In using the 4 year method, the average earnings per year was $44,500, which is why I determined the 990-N was the correct form to file. It wasn't until we filed the 2024 return using the 990-EZ long form that we discovered the error, during an inquiry from Mr. Han and now Mr. Honeycutt.