11: Financial Statements
Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting
principles.
Other Information:
When total annual gross income exceeds $250,000, these statements should be audited in accordance with generally accepted
auditing standards. For charities whose annual gross income is less than $250,000, a review by a certified public accountant
is sufficient to meet this standard. For charities whose annual gross income is less than $100,000, an internally produced,
complete financial statement is sufficient to meet this standard.
Indicator(s):
|