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Originally Posted by YorkieChick1  Wow, I didn't know this about the HSUS!! I give them a monthly donation taken out of my checking account, I am going to have to investigate this further and maybe move my donation somewhere else!! How about the ASPCA?? Are they lobbyists too?? |
And I wonder how did they ever survive an audit? That is underreporting at it's most egregious.
Let me clarify the reporting of income and expenses, must be categorized in meaningfull packets of informative reporting. Revenue IRS or RevCanada, does send out detailed tax reporting forms even if you are a NPO (NonProfit and or Charity Organization).
Other Expenses or Other Income on an Income and Expense Statement is usually between 5-10% of total Income or total Expense.