WAC 230-07-145
Reporting annual progress. Charitable or
nonprofit licensees must report annually their progress toward
meeting their stated purpose in the format we prescribe. This
report must explain the type and scope of activities which
licensees conducted during their last annual fiscal accounting
period. In addition, the report must include, at least:
(1) A brief history of the licensed organization,
including its stated charitable or nonprofit purpose(s);
(2) A written statement setting out their goals for
meeting their stated charitable or nonprofit purpose(s) in the
future;
(3) The number of full and regular members;
(4) A list of contributions, scholarships, grants, or
sponsorships made during the period. This list must include:
(a) The name of each organization or individual receiving
a contribution from the licensee. The licensee may use the
phrase "individual contribution" in place of the recipient. If the recipient is not named in the report, the licensee must
maintain records to verify and identify the recipient of each
individual contribution; and
(b) Whether funds awarded were from gambling income or
other funds; and
(5) Gross income from all nongambling activities and the
source of the income;
(6) The revenue and expenses for any nongambling sales
activities, presented separately, when conducted primarily in
conjunction with gambling activities;
(7) Total expenses for both charitable or nonprofit
services;
(8) The percentage or extent to which the licensee used
net gambling income for charitable as distinguished from
nonprofit purposes; and
(9) The details of any loans, contracts, or other
business transactions with related parties that accumulatively
exceed one thousand dollars during the period. "Related
parties" means officers, board members, key employees, or
members of the licensed organization, including direct
relatives of each.
[Statutory Authority: RCW 9.46.070. 07-10-032 (Order 609), §
230-07-145, filed 4/24/07, effective 1/1/08.]