
"Excess benefit transactions" are those in which persons who have substantial influence over the not-for-profit organization engage in transactions that result in economic benefits to them that are excessive, such as unreasonable compensation, sale of assets at bargain prices, and lease arrangements.
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Q11: Board members of a not-for-profit organization have
Q12: Intermediate sanctions can be imposed by the
Q13: Not-for-profit corporations cannot lobby or attempt to
Q14: Not-for-profit organizations risk loss of their tax-exempt
Q15: Only 501(c)(3) organizations receiving at least 50
Q17: The Charleston Principles provide guidance to state
Q18: The not-for-profit organization applying for tax-exempt status
Q19: Political parties and campaign committees can qualify
Q20: One of the limitations of financial ratio
Q21: Not-for-profit organizations are required to file audited
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