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  • California Nonprofit Corporation -short Form Dissolution Certificate (form Dsf Np)

Get California Nonprofit Corporation -short Form Dissolution Certificate (form Dsf Np)

Secretary of State Business Programs Division Business Entities 1500 11th Street, Sacramento, CA 95814 P.O. Box 944260, Sacramento, CA 942442600Submission Cover Sheet For faster service, file online.

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Federal law requires a tax-exempt charitable nonprofit that is dissolving to distribute its remaining assets ONLY to another tax-exempt organization or to the federal government or a state or local government for a public purpose.

As required by law, a nonprofit organization that is ceasing existence is required to transfer all remaining assets to another tax-exempt organization or to the government. It is unlawful to give any property away to individuals - including board members, volunteers, staff, or beneficiaries.

The letter should include a balance sheet for the last three years of activity and show the disposition of assets and/or recipient information; a copy of the Articles of Incorporation; a copy of documents showing any restrictions on assets held in charitable trust; and a copy of an executed California Secretary of ...

After your nonprofit has formally decided to wind up and dissolve, you must "forthwith" file a Certificate of Election to Wind Up and Dissolve with both the Secretary of State (SOS) and the Attorney General (AG). The certificate must contain: a statement that the corporation has elected to wind up and dissolve.

If all your shareholders voted unanimously to dissolve the corporation, you'll file Form DISS STK—the Certificate of Dissolution. If the decision to dissolve was not unanimous, you'll use Form ELEC STK—Certificate of Election to Wind Up and Dissolve to dissolve your corporation.

There are many reasons why a nonprofit might consider dissolution: an inability to attract or maintain funding, an assessment that the nonprofit no longer serves its stated mission or constituency or that its mission or constituency is more than adequately served by other organizations.

HOW CAN A NONPROFIT LOSE ITS 501(c)(3) STATUS? Failing to file a Form 990 with the IRS. ... Engaging in private benefit or private inurement. ... Lobbying. ... Political campaigning. ... Generating too much Unrelated Business Income. ... Failing to operate in ance with its purpose.

A 501(c)(3) organization must file for dissolution first with its state and then send the approved dissolution documentation to the IRS. It is important for an organization to check with its state Attorney General's office first to ensure that the specific procedures and documentation are submitted.

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Get California Nonprofit Corporation -Short Form Dissolution Certificate (Form DSF NP)
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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232