The statements which are true regarding government requirements of Nonprofit organizations is:
- Nonprofits must have a governing board that is responsible for determining the direction and policies of organizations.
What is a NonProfit Organization?
This refers to the charitable organization which has a specific purpose to perform in terms of humanitarian efforts and do not pay taxes to the government based on profits from their activities.
With this in mind, we can see that to ensure that things are done fair and square, the government requires that there should be a governing board which directs the policies of the organization.
Read more about non profit organizations here:
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