How should a nonprofit organization handle conflicts of interest?

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Are there any special reporting requirements for donors to a nonprofit organization?
How can a nonprofit organization acquire a federal tax exemption?
Are there any restrictions on the types of investments a nonprofit can make?
How can a nonprofit organization acquire tax-exempt status?
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What documents must be filed when forming a nonprofit corporation?
How should a nonprofit organization handle its debts?
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What type of charitable activities are permissible for a nonprofit organization?

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