Internal Revenue Code 501(c)(3): Federal tax code section that provides tax exemption for qualifying nonprofit organizations and outlines operational requirements
Form 1023 Requirements: IRS application requirements for recognition of tax-exempt status, including organizational structure and operational procedures
State Nonprofit Corporation Acts: State-specific laws governing the formation, operation, and dissolution of nonprofit corporations
State Charitable Solicitation Laws: Regulations governing fundraising activities and registration requirements for nonprofits at the state level
Board of Directors Requirements: State-specific rules regarding board composition, responsibilities, and governance structure for nonprofit organizations
Fiduciary Duty Requirements: Legal obligations of board members and officers to act in the best interest of the organization
Corporate Records Requirements: Legal requirements for maintaining organizational documents, meeting minutes, and financial records
State Attorney General Oversight: Regulatory oversight requirements and reporting obligations to the state attorney general's office
Annual Reporting Requirements: Mandatory annual filings with state and federal authorities, including financial reports and tax returns
Public Disclosure Requirements: Obligations to make certain organizational documents and financial information available for public inspection
Sarbanes-Oxley Act Provisions: Applicable provisions of the Sarbanes-Oxley Act that extend to nonprofit organizations, particularly regarding whistleblower protection and document retention
State Fundraising Regulations: Specific state requirements for conducting fundraising activities and maintaining charitable registrations
Employment Laws: Federal and state employment regulations applicable to nonprofits that hire employees
Insurance Requirements: Mandatory and recommended insurance coverage for nonprofit organizations, including directors and officers liability insurance
