Washington Administrative Code
Title 434 - Secretary of State
Chapter 434-120 - Charitable solicitation organizations and charitable trusts
Section SECTION II - CHARITABLE ORGANIZATION REGISTRATION REQUIREMENTS
Section 434-120-107 - Audited financial report-Tiered reporting requirements
Current through Register Vol. 24-06, March 15, 2024
(1) If a charitable organization has been in existence for less than three years, the organization shall calculate its average gross revenue based on the number of years the organization has been in existence to determine which tier, per RCW 19.09.541, is applicable.
(2) For purposes of these regulations, the charities program may waive the requirement to obtain an audited financial statement prepared by an independent certified public accountant for organizations with more than three million dollars in gross revenue averaged over the last three accounting years that meet one of the following:
Statutory Authority: RCW 19.09.075, [19.09.]079,[19.09.]097 , and [19.09.]520. 12-14-114, § 434-120-107, filed 7/5/12, effective 8/5/12. Statutory Authority: RCW 19.09.540 and 43.07.125. 10-22-048, § 434-120-107, filed 10/28/10, effective 11/28/10. Statutory Authority: RCW 19.09.315, 19.09.540, and 43.07.125. 09-22-056, § 434-120-107, filed 10/30/09, effective 11/30/09. Statutory Authority: RCW 19.09.097, [19.09.]315, [19.09.]540, 43.07.125. 09-01-106, § 434-120-107, filed 12/17/08, effective 1/17/09.