1. Except as otherwise provided in subsection 4, on or before September 1 of each fiscal year, each charitable organization, not including a governmental entity whose budget is included in the executive budget, that receives additional fees shall prepare a balance sheet for the immediately preceding fiscal year on a form provided by the Legislative Auditor and file the balance sheet, accompanied by a recent bank statement, with the Legislative Auditor. The Legislative Auditor shall prepare and make available, or cause to be prepared and made available, a form that must be used by a charitable organization to prepare such a balance sheet. 2. Except as otherwise provided in subsection 4, on or before July 1 of each fiscal year, each charitable organization, not including a governmental entity whose budget is included in the executive budget, that receives additional fees shall provide to the Legislative Auditor and the Department: (a) A list of the names of the persons, whether or not designated officers, who are responsible for overseeing the operation of the charitable organization; (b) The current mailing address of the charitable organization; (c) The current telephone number of the charitable organization; (d) A report on the budget of the charitable organization, including, without limitation: (1) A copy of the most recent annual budget of the charitable organization; and (2) A description of how all money received by the charitable organization in the form of additional fees was expended, including, without limitation, how that money was expended by the charitable organization, or any recipient or awardee of that money from the charitable organization; and (e) A copy of the most recent federal tax return of the charitable organization, if any, including all schedules related thereto. 3. On or before July 1 of each fiscal year, each charitable organization, not including a governmental entity whose budget is included in the executive budget, that receives additional fees shall post on the Internet website of the charitable organization or, if no such Internet website exists, publish in a newspaper of general circulation in the county where the charitable organization is based, the most recent federal tax return of the charitable organization, if any, including all schedules related thereto. 4. A charitable organization, not including a governmental entity whose budget is included in the executive budget, is not required to comply with the provisions of subsection 1 or 2, unless requested by the Legislative Auditor or the Department if it receives additional fees: (a) In an amount less than $10,000 in a fiscal year; or (b) From special license plates which are no longer in production. 5. The Legislative Auditor shall prescribe: (a) The form and content of the balance sheets required to be filed pursuant to subsection 1; and (b) Any additional information that must accompany the balance sheets and bank statements required to be filed pursuant to subsection 1, including, without limitation, the methods and procedures used to ensure that all money received in the form of additional fees is expended solely for the benefit of the intended recipient.
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