Don’t forget Ohio’s Reporting Requirements for Nonprofits

May 14, 2012 at 2:52 pm 3 comments

Since so many foundations are submitting federal financial information returns this week, it’s a good time for a reminder about what Ohio law requires.

Ohio nonprofits – called charitable trusts in the Ohio Revised Code, regardless of whether they are established in corporate or trust form – have annual financial reporting and registration requirements with the Attorney General’s office. This year, nonprofits with a fiscal year that ended after November 30, 2011 need to comply with these requirements using an online system that Attorney General Mike DeWine’s office created last year. The website has an extensive user’s guide as well as tips for using the registration tool.

Ohio charities also must comply with the Secretary of State’s regulations, which require that charities file any changes to their articles of incorporation or statutory agent. Additionally, every five years nonprofits must file a Statement of Continued Existence (along with a filing fee of $25). Not sure when your foundation last filed this form? You can search the online database and see when you’re due to file it, although the Secretary of State’s office should send reminders four months before the statement is due.

Entry filed under: Commentaries, Governance.

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3 Comments Add your own

  • 1. Dean Schooler  |  May 16, 2012 at 2:40 pm

    I wish I had read this posting before I dove into completing the online form, if only because the “tips” section would have helped me translate the categories and language into concepts I understand from the world of a private foundation. In addition, the other posting on best practices of compliant organizations recommended sharing a draft Form 990 or 990-PF with board members for comment and correction before going final, which we will try to do next year. Am going to sign up for email notices of future blog posts.

    • 2. Claudia Herrold  |  May 18, 2012 at 2:20 pm

      Thanks, Dean, glad you found the post helpful and that you’ll subscribe to Let’s Talk Philanthropy.

  • 3. Yvonne C.  |  June 5, 2012 at 1:34 pm

    As the representative of more than 75 human services organizations in Franklin County, this is very helpful.


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