The filing of Form G is required if any of the following criteria are met:
- The organization pays a professional fundraiser more than $15,000 (Part I of the form)
- The organization receives more than $15,000 through a combination of contributions and gross income from fundraising events (Part II of the form)
- The organization receives more than $15,000 from gaming activities (Part III of the form) - please note that gaming includes raffles
First and foremost, you will need to make sure you are keeping detailed records of each fundraising activity separately - gross receipts and various expenses.
If your nonprofit meets the first criterion (professional fundraiser), you will need to report how the organization solicits funds, as well as detailed information about the fundraiser, such as name, activity, whether they had custody of the funds, gross receipts from the activity, amounts retained by the fundraiser, and amounts retained by the nonprofit.
For the second and third criteria, you will need to provide gross receipts and direct expenses (cash prizes, non-cash prizes, rent/facility costs, and an itemization of other costs). For gaming, you will also need to provide data on volunteer labor. In addition, there are questions that you will have to answer about your gaming activities.