Form Char026 - Summary Of Financial Filing Requirements - Office Of The Attorney General Charities Bureau Page 5

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Summary of Financial Filing Requirements for Charitable Organizations
SOLICITING CONTRIBUTIONS IN NEW YORK STATE
ARTICLE 7-A OF THE EXECUTIVE LAW
ANNUAL FINANCIAL FILING
A. When to file:
Within 4 1/2 months after the end of the fiscal year. If the organization is
delinquent in annual reporting, the registration may be canceled.
B. Reports and Fees:
If the organization is not exempt from filing annual reports (see
section E below), it must file reports accompanied by an appropriate fee.
TOTAL REVENUE AND SUPPORT
FORMS & DOCUMENTS
FEE
(CHAR497, LINE 6)
over $150,000
1. CHAR497, with
$25
independent accountant's audit
2. copy of IRS tax return (990) with
schedule A.
3. notes to financial statements
over $75,000,
1. CHAR497, with
$10
up to $150,000
independent accountant's review
2. copy of IRS tax return (990)
$75,000 or less
1. CHAR497, unaudited
$10
2. copy of IRS tax return (990 or
990EZ)
C. Combined report:
A parent organization and its affiliates within the state may seek
authorization from the Charities Bureau to file a combined report. If such authorization has been
granted, the combined report must be accompanied by a fee of $25 plus $10 for each organization
included in the report. The aggregate fee shall not exceed $500.
D. Extension of Time to File Annual Reports
Requests for an extension of time to file annual reports must be made in writing to
the Registration Section. Each request must be in duplicate and accompanied by a self-addressed
stamped envelope. Extensions for more than three months will not be routinely granted.
E. Exemption from filing annual reports:
CHAR026 (4/98)
FINANCIAL FILING-EPTL & 7-A
page 5

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