In California, a non-profit is required to hire a CPA audit once donations hit $2m/yr, which SI hasn’t hit yet. That’s the way in which outside accounting is “IRS standard” after $2m/yr.
SI is in the process of passing an IRS audit for the year 2010.
Clarifications:
In California, a non-profit is required to hire a CPA audit once donations hit $2m/yr, which SI hasn’t hit yet. That’s the way in which outside accounting is “IRS standard” after $2m/yr.
SI is in the process of passing an IRS audit for the year 2010.