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Not for Profit VENDOR APPLICATION MAIL IT:EMAIL IT:SUBMISSION DEADLINECampus Activities, UUW205jkeegin@binghamton.eduEarly Bird Aug. 3, 20194400 Vestal PkwyFAX IT:Regular Registration Aug. 16, 2019Binghamton,
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What is not for profit?
Not for profit refers to organizations that operate for a purpose other than to make a profit, typically to benefit the public or a specific community.
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Organizations that are classified as not for profit by the IRS, including charities, foundations, and other entities that do not distribute profits to shareholders, are required to file.
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To fill out not for profit forms, organizations must gather financial statements, information about directors, activities, and purposes, and complete the required IRS forms such as Form 990, along with any state-specific requirements.
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The purpose of not for profit organizations is to serve the public interest, provide charitable services, promote a particular mission, and reinvest any surplus revenues back into the organization rather than distributing them as profit.
What information must be reported on not for profit?
Not for profit organizations must report financial information, governance structure, mission statement, revenue sources, and expenditures, along with details about programs and activities.
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