Pennsylvania HB965 amends the Solicitation of Funds for Charitable Purposes Act to require audits or reviews of financial reports for charitable.
Pennsylvania HB965 amends the Solicitation of Funds for Charitable Purposes Act to require audits or reviews of financial reports for charitable organizations based on their annual contributions. Charitable organizations receiving annual contributions of $1,000,000 or more must have their financial reports audited by an independent certified public accountant. Those receiving between $500,000 and $999,999 must have a review or audit. Organizations receiving between $150,000 and $499,999 must have a compilation, review, or audit.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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