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IOWA Principles and Practices for Charitable Nonprofit Excellence Developed by: The Iowa Governors Nonprofit Task Reproduced by: Michael A. Mauro, Iowa Secretary of State Special Thanks to The Roy
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A charitable nonprofit is an organization that operates for the greater good of the community and is tax-exempt under section 501(c)(3) of the IRS code.
Charitable nonprofits are required to file annual reports with the IRS and other relevant authorities to maintain their tax-exempt status.
Charitable nonprofits can fill out their annual reports using Form 990 provided by the IRS. They may also need to file additional forms depending on their activities.
The purpose of charitable nonprofits is to address social issues, provide services to those in need, and promote the common good.
Charitable nonprofits must report their financial activities, governance structure, program accomplishments, and other relevant information on their annual reports.
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