What are the laws concerning the disclosure of the sources of funding for a nonprofit organization?

In Washington, nonprofit organizations are required to disclose the sources of their funding in accordance with the State’s disclosure requirements. This disclosure is typically done when filing the annual report with the Washington Secretary of State, although some organizations must also report to other agencies within the State. Nonprofits must provide information on who their donors are, how much they were given, and the purpose of the donation. For donations over $25,000, nonprofits must provide the name of the donor, the address, and the amount donated. If a nonprofit receives a grant, they must also disclose the name of the grantor and the amount of the grant. Teams and nonprofits must also disclose any related party transactions that took place during the year. This can include any payments made to people who have a personal relationship with the nonprofit such as directors, officers, employees, and their family members. Finally, nonprofits must also provide financial statements that show their income, expenses, and other activities that took place during the year. Any questions about the disclosure requirements should be directed to the Washington Secretary of State or the Washington Office of the Attorney General.

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What are the laws concerning the disclosure of the sources of funding for a nonprofit organization?

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