What type of activities must be reported by a nonprofit organization?

In Washington, nonprofit organizations are required to report certain activities to remain in compliance with the law. These activities may include but are not limited to: establishing financial statements, filing state and federal taxes, and publicly reporting financial information. Additionally, when a nonprofit organization obtains a license from the state, it must also report any changes to the license, such as the addition or removal of officers or directors, as well as the addition or removal of locations. Nonprofit organizations must also disclose any transactions with related parties to the Internal Revenue Service (IRS). This includes transactions with directors, officers, employees, or key shareholders that may financially benefit the organization. Additionally, nonprofit organizations must report any business transactions that are not consistent with their mission. Nonprofit organizations must also record and document regular meetings of its governing body and any decisions made by the board and its committees. This includes documenting all votes taken, as well as the name and contact information of any board members present. Finally, nonprofit organizations must disclose any lobbying activities that are conducted by the organization or its members. This includes any attempts to influence legislation, whether it be through supporting or opposing certain initiatives. Overall, nonprofit organizations in Washington must regularly report changes, financial information, transactions with related parties, meetings of the governing body, and any lobbying activities to remain in compliance with the law.

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