Soliciting funds out of state? Form 990 disclosure pumps up the urgency of state registration
Abstract: When their out-of-state fundraising efforts were small, many nonprofits didn’t see a need to register with agencies in other states before launching fundraising efforts there. But, things are different now. Significantly, the IRS annually asks nonprofits on Form 990 in which states they are required to file a copy of their return. Charities need to comply with each state’s fundraising requirements unless they’re willing to pull back on these activities. This article explores some of the steps involved in multistate registration and the complexities.