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Public financial benefits should imply public financial disclosure for non-profit entities. Agree or disagree?


Should non-profit entities including churches disclose basic financial information?  

26 members have voted

  1. 1. Please pick the statement that best fits your position

    • I’m LDS and I think non-profit entities including the LDS Church have an ethical obligation to disclose basic financial information
      7
    • I’m LDS and I think non-profit entities including the LDS Church should have NO obligation to disclose basic financial information
      14
    • I’m Christian, non-LDS and I think non-profit entities including my church have an ethical obligation to disclose basic financial information
      2
    • I’m Christian, non-LDS and I think non-profit entities including my church should have NO obligation to disclose basic financial information
      0
    • I’m non-Christian, non-LDS and I think non-profit entities including churches have an ethical obligation to disclose basic financial information
      3
    • I’m non-Christian, non-LDS and I think non-profit entities including churches should have NO obligation to disclose basic financial information
      0


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Posted
16 hours ago, Pete Ahlstrom said:

Yes, but would that tax burden be higher if it wasn't able to use the tax exempt entity?  We don't know due to non-disclosure.  As for corporate welfare, that should be eliminated except in a few circumstances where a fledgling industry needs time to grow, etc.

What is the tax value of a religious use building? Here where I live a building's value is determined by the amount it can be resold for. Most religious use buildings just aren't worth much to the market.

The IRS knows, and apparently it has no problem with how most religions not being required to disclose the information to the public. 

Why? Say I make jet fighters.. My business depends on selling my planes to the US government and no one else. While it is true I get corporate welfare. I can't sell my product to anyone else.

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