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Are non-cash contributions included in “gross revenue” for the purpose of determining whether a charity must prepare audited financial statements under Government Code section 12586(e)?

April 26, 2017audited charity contributions determining financial statements gross revenue included non-cash prepare purpose

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Are non-cash contributions included in “gross revenue” for the purpose of determining whether a charity must prepare audited financial statements under Government Code section 12586(e)?

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Yes, follow instructions for IRS Form 990, Part I, Line 1