Not-for-profit organizations are required to file audited financial statements with all states in which they solicit contributions.

Question

Quizplus · Accepted Answer

Not-for-profit organizations are not required to file audited financial statements with all states in which they solicit contributions. The requirements vary by state, with some states requiring audited financial statements only if the organization's revenue exceeds a certain threshold.

Not-For-Profit Organizations Are Required to File Audited Financial Statements with All