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Montgomery Catholic Preparatory School Student Handbook 202324 MCPS Mission and Philosophy Statement Who We Are Beliefs Which Guide Us3 3FAQ (Frequently Asked Questions about MCPS) 1. 2. 3. 4. 5.

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Non-profit status for eternal refers to a classification granted to organizations that operate for purposes other than generating profit, often focusing on charitable, educational, or religious missions. It allows these organizations to be exempt from certain taxes and qualifies them to receive tax-deductible contributions.

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To fill out non-profit status for eternal, organizations must complete the appropriate application forms, such as IRS Form 1023 for 501(c)(3) status, and provide detailed information about their mission, governance, and financial plans. Supporting documentation and a filing fee are also required.

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Institutions must report their mission statement, governance structure, a detailed budget, financial information, and a description of their programs. Additionally, they must disclose any compensation for board members and key employees, and comply with reporting requirements set by the IRS.

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