Hawaii Regulates Online Charitable Fundraising Platforms
May 29, 2025 Hawaii’s SB 1048 Enhances Oversight for Nonprofit Fundraising Hawaii’s Senate Bill 1048, which goes into effect July 1, 2026, introduces new regulations overseen by the Department of the Attorney General that, while not directly enacting changes for charities, could impact those fundraising via platforms. Charities relying on these platforms may face indirect […]
Florida Introduces Honest Service Registry for Nonprofits
July 1, 2025 Florida’s SB 700 Enhances Nonprofit Transparency with New Registry Signed into law on May 20, 2025, as Chapter 2025-22, and effective July 1, 2025, Senate Bill 700 brings significant updates for nonprofit organizations, introducing new regulations overseen by the Florida Department of Agriculture and Consumer Services (FDACS). Key changes include the creation […]
California’s New Compliance Rules for Fundraising Platforms
January 1, 2025 California’s AB 488 Enhances Oversight of Charitable Fundraising Platforms California Assembly Bill 488, fully effective with all provisions starting January 1, 2025, introduces new regulations impacting nonprofit fundraising under the California Department of Justice. While not directly targeting charities, the law imposes requirements on charitable fundraising platforms, aimed to enhance transparency and […]
Massachusetts Adjusts Financial Thresholds
November 20, 2024 Massachusetts Eases Nonprofit Financial Reporting with Economic Development Bill Massachusetts’ Economic Development Bill (H.5100), signed into law on November 20, 2024, and effective immediately, updates financial reporting for public charities. The bill raises the audit threshold from $500,000 to $1,000,000 in gross support and revenue, requiring only a reviewed financial statement for […]
Tennessee Updates Charity Fees and Audit Threshold
July 1, 2024 Tennessee’s House Bill 1707 and House Bill 1708, both signed into law in April 2024 and effective July 1, 2024, modernize the Charitable Solicitations Act. HB 1707 (signed April 3, 2024) renames the Act and introduces key changes, including requiring charities to file agreements for charitable sales promotions, mandating signage on donation […]
Utah No Longer Requires Most Nonprofits Register to Solicit Contributions
May 1, 2024 Nonprofit organizations not incorporated or registered as foreign entities in Utah are exempt from charitable solicitation registration, and the pre-notification for charitable sales promotions is eliminated effective May 1, 2024. However, starting January 1, 2025, Utah-registered nonprofit corporations must include their unredacted IRS Form 990 with their annual corporate filings, unless IRS-exempt. […]
Wisconsin Raises Audit and Review Thresholds
March 23, 2024 Wisconsin’s AB 912 Eases Financial Reporting for Nonprofits Signed into law on March 21, 2024, as 2023 Wisconsin Act 151, and effective for fiscal years beginning on or after March 23, 2024, Assembly Bill 912 raises financial reporting thresholds for charitable organizations under Wisconsin Statutes § 202.12. The audit threshold for submitting […]
New Mexico Audit Threshold Updates
January 1, 2024 Effective January 1, 2024, New Mexico has raised the audit threshold for nonprofits. The new threshold for requiring Audited Financial Statements is set at $750,000 in total revenue. For more information, refer to the New Mexico Auditor’s Report Requirements Update. Questions about the audit threshold updates or how this affects your nonprofit? […]
Updates to Illinois Audit Thresholds
January 1, 2024 Starting January 1, 2024, the audit threshold for nonprofits in Illinois has been updated. For nonprofits that do not employ professional solicitors, the threshold for requiring Audited Financial Statements increases to $500,000 in total revenue, while the threshold for Reviewed Financial Statements is set between $300,000 and $499,999 in total revenue. Nonprofits […]