Compliance questions

Q1. Has your registered charity filed the T3010 information return on time for each of the last 2 fiscal years?

Q2. Are books, records, and source documents retained for at least 6 years (or as required for permanent records)?

Q3. Do official donation receipts include every mandatory element (registration #, correct amount, date, name of donor, appraisal for gifts-in-kind)?

Q4. Is the annual disbursement quota met (spending on charitable activities / qualified donees)?

Q5. Do all current activities fall within your registered charitable purposes?

Q6. Are public policy dialogue and development activities kept within the CRA's permitted limits?

Q7. For any activity carried on outside Canada, is there a written agreement with the intermediary and ongoing direction & control documentation?

Q8. Has the corporate annual return been filed (ONCA / CNCA / provincial equivalent)?

Q9. Are the bylaws current, member-approved, and consistent with the governing statute?

Q10. Is the register of directors and officers accurate and up to date?

Q11. Is there a written conflict-of-interest policy that directors sign annually?

Q12. Does the board meet at least quarterly with signed minutes retained in the minute book?

Q13. Is there a documented signing-authority / expenditure-approval policy?

Q14. Is the correct level of financial assurance in place (audit / review / notice-to-reader) for your revenue level?

Q15. Do you carry current directors' & officers' and general liability insurance?