FINANCIAL RECORDS
Transparency is essential in building trust, and we hope to honor the public trust given to our nonprofit association. Nonprofits must observe both (IRS-required) legal and ethical standards of financial transparency.
Legally, nonprofits are required to publicly disclose current tax forms and other financial information, including:
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Annual returns for up to three years after the due date, including Forms 990
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Form 990 schedules (except portions of Schedule B), including attachments and supporting documents
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Application for tax-exempt status (Form 1023) and all supporting documents
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The determination letter from the IRS stating your organization's classification as a public charity
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Receipts and acknowledgements for donors
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Details of quid pro quo exchanges, where the donor makes a purchase and can therefore deduct only the amount of the donation above the true cost of the purchase — for example, a donor who buys a $40 ticket for $100 is allowed to deduct $60
FORMS 990
Coming soon
FORMS 1023
Coming soon
