Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'Attorney General'

Filing of Schedule B of Form 990 with the Attorney General

October 7th, 2010 · Comments Off on Filing of Schedule B of Form 990 with the Attorney General · California nonprofit law

The question is disclosure of donor names on Schedule B of Form 990.  The Treasury Regulation instructs that the names and addresses of contributors shall not be made available for public inspection. Treas. Reg. § 301.6104(b)-1(b)(1)  “The names and addresses of contributors to an organization other than a private foundation shall not be made available […]

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Audit Committees of Nonprofit Organizations

October 16th, 2009 · Comments Off on Audit Committees of Nonprofit Organizations · Charity, Governance

Charities with gross revenue of $2 million or more must now establish an audit committee. This only applies to charitable corporations that must register and file reports with the Attorney General, whenever such organizations accrue the $2 million of revenue in any fiscal year, with certain grants from government entities excluded from the revenue threshold. […]

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