109:1-5-02 Annual financial report of charitable organization.

(A) All charitable organizations required to file an annual financial report with the attorney general pursuant to Chapter 1716. of the Revised Code but exempt from filing financial information with the internal revenue service, shall file a form prescribed by the attorney general, signed or verified by a trustee or officer of the organization submitting the form, which shall contain:

(1) A balance sheet;

(2) A statement of support, revenue, and expenses, and any changes in the fund balance;

(3) The names and addresses of the charitable organizations, fund-raising counsel, professional solicitors, and commercial co-venturers used, if any, and the amounts of money received from each of them, if any;

(4) A statement of the functional expenses that shall include, but not limited to, expenses of the following categories:

(a) Program;

(b) Management and general;

(c) Fundraising.

(B) All charitable organizations exempt from federal taxation pursuant to subsection 501(a) and described in subsection 501(c)(3) or 501(c)(4) of the Internal Revenue Code and required to file forms 990, 990-PF, 990-EZ, or 990-N with the internal revenue service shall file a form prescribed by the attorney general certifying that the organizations has filed such forms with the internal revenue service, signed or verified by a trustee or officer of the organization.

(C) All other charitable organizations shall file complete copies of all annual federal returns required to be filed by the organization with the internal revenue service for the taxable year, together with all schedules, attachments, and reports due with such federal return or returns, excepting lists of donors which are not public record under federal law. Such annual federal returns shall not be deemed to include copies of employment tax returns, or wage reports.

Effective: 06/20/2010
R.C. 119.032 review dates: 03/01/2015
Promulgated Under: 119.03
Statutory Authority: 1716.13
Rule Amplifies: 1716.04