Audited Financials and 990
Cascade AIDS Project’s fiscal year runs from July 1st through June 30th. Annually, CAP has an audit completed by an external independent certified auditor. The audits provide an independent review of both CAP’s finances and the agency’s systems and controls. As required by law for any entity receiving more than $500,000 in federal funding, CAP’s audit includes an OMB A-133 audit (Single Audit), which provides assurance to the U.S. government as to the management and use of funds. Such audits encompass both financial and compliance components. The 990 Tax Return is filed after completion of the Audit and is a required annual filing of the IRS. The 990 includes substantial information on the organization’s financials, as well as information on officers, controls, and executive compensation.