What are the reporting requirements for nonprofit organizations?

Nonprofit organizations operating in the state of Washington must follow a variety of reporting requirements. These requirements are put in place to ensure that the organizations stay in compliance with the laws of the state and to provide transparency to the public. First, nonprofits must file an Annual Report with the Washington State Secretary of State. This report must include valid contact information and the name of the registered agent. It must also outline the activities of the organization during the past year and include financial information, such as annual income, expenses, and contributions received. The organization must file tax returns with the Internal Revenue Service (IRS), as well as any other taxes that apply. Organizations must also be up-to-date on all filing requirements with the Washington State Department of Labor & Industries. If the organization employs people in the state, it must have Workers’ Compensation Insurance. Finally, if the nonprofit organization is registered with the Charities Program of the Washington Secretary of State, it must file an annual report of their fundraising activities, which includes financial information. These are just some of the reporting requirements that nonprofit organizations in Washington must follow. It is important for an organization to be aware of all applicable laws in order to maintain its legal status and remain in compliance.

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What are the reporting requirements for nonprofit organizations?

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