Nonprofit Tax Tips

That was the impetus that led to a fine for the American Red Cross for its fundraising during Hurricane Katrina, Perlman says. The New York Attorney General found that the organization was not using all of the funds for their stated purpose. (And increasingly, these entities are highlighting certain portions of the publicly available 990s. It's up to the organization to make sure that it is compliant and also to explain to the public how it uses and solicits funds.)