Soliciting Funds Out of State?
Form 990 Disclosure Pumps up the Urgency of State Registration
For years Anytown, USA, Charity has asked for donations from out-of-state residents. This started on a small scale - a handful of the charity's donors retired in other states or lived there part of the year.
Now the charity has begun to reach out to hundreds of potential contributors in multiple states.
The Internet makes it easy and inexpensive for the not-for-profit to solicit funds outside of its backyard. But along with this expansion comes the need for registration in additional states...(Read More)