What type of activities must be reported by a nonprofit organization?
Nonprofit organizations in California must report certain activities and information to the California Attorney General’s Registry of Charitable Trusts. The most common activities and information that need to be reported include: 1) Financial Reports: A nonprofit must provide an annual financial report, which includes information on assets, liabilities, gross income and expenses. Additionally, nonprofits must submit an audit if their assets are more than $2 million. 2) Change of Address: All nonprofits need to file a notification of change of address form when their business address changes. 3) Change of Directors: Nonprofits need to submit a notification of change of directors when the board members are changed. 4) Change of Contact Information: Nonprofits must notify the Registry of any changes to their contact information such as phone number or email address. 5) Termination: Nonprofits must provide notification to the Registry when they are dissolved or cease activities. In addition to these activities, nonprofits must comply with other federal, state and local laws and regulations, such as filing Form 990 and transparency requirements. Nonprofits must remain informed and adhere to any laws and regulations in order to ensure they remain in compliance.
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