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PENNSYLVANIA DEPARTMENT OF STATE BUREAU OF CORPORATIONS AND CHARITABLE ORGANIZATIONS Return document by mail to:Annual Statement Nonprofit Corporation DSC:155110 (rev. 7/2015)Name Address Cityscape×5110×Zip
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Step 1: Gather all the necessary financial information, such as income and expenses for the year.
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Step 2: Create a balance sheet, which includes assets, liabilities, and net assets.
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Step 3: Prepare an income statement, showing all the revenue and expenses for the year.
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Step 4: Include any additional schedules or disclosures required by the regulatory authorities.
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Step 5: Review the completed annual statement for accuracy and make any necessary adjustments.
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Step 6: Submit the annual statement to the appropriate regulatory authority by the deadline.

Who needs annual statement - nonprofit?

01
Nonprofit organizations are required to file an annual statement to fulfill their financial reporting obligations.
02
This includes nonprofit organizations that are registered as tax-exempt with the IRS and are subject to annual reporting requirements.
03
It is important to consult the specific regulations of the jurisdiction where the nonprofit operates to determine the exact requirements for filing an annual statement.
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An annual statement for a nonprofit organization is a report that provides financial and operational information about the organization's activities during the previous fiscal year.
Nonprofit organizations are required to file an annual statement with the appropriate regulatory agency, such as the IRS or state attorney general's office.
To fill out an annual statement for a nonprofit, organizations typically need to provide information on their revenue, expenses, programs, and governance structure.
The purpose of an annual statement for a nonprofit is to provide transparency and accountability to donors, members, and the general public about the organization's activities and finances.
Information that must be reported on an annual statement for a nonprofit typically includes financial statements, program accomplishments, board members, and executive compensation.
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