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IRS Commissioner s Testimony at the 2005 Grassley Hearings In his testimony at the 2005 Grassley hearings, Mr Everson made the following key points in his remarks: The Administration strongly encourages and supports donations to our charities Some entities now use their privileged status to achieve ends that Congress never imagined when it conferred tax-exemption The IRS strongly supports the Eight Guiding Principles of Accountability and Governance [from the Independent Sector s report], and commends Independent Sector and the Panel on the Nonprofit Sector for their role in encouraging adherence to these standards of excellence Good governance and accountability are important given the size and impact of the tax-exempt sector in our economy Total assets of these organizations approximated $37 trillion in 2002, with revenues of $12 trillion Collectively these organizations file more than 800,000 annual returns The IRS Strategic Plan for 2005 2009 recognizes the significance of this sector for tax administration The Strategic Plan sets out four key objectives designed to enhance tax law enforcement over the next five years One of these objectives directly addresses the charitable sector That objective is to deter abuse within taxexempt and governmental entities and misuse of such entities by third parties for tax avoidance and other unintended purposes Growth in IRS Budget Despite the importance of this sector, until recently our enforcement budget was not keeping up with its growth By September [2005] we will see a 30 percent increase in enforcement personnel for Exempt Organizations over September 2003 levels Nonprofit Compliance Issues A number of factors are impacting compliance in the tax-exempt area As might be expected, these factors do not necessarily operate independently of one another Taken together, however, they add up to a culture that has become more casual about compliance and less resistant to non-compliance These are attitudes that we must work together to change Increase in size and complexity of the tax exempt sector This sector has grown the number of exempt entities on our master-file has increased by almost 500,000 since 1995, to 18 million today In the period from FY 1998 to FY 2002 alone, the reported value of the ssets of these organizations grew from approximately $2 trillion to more than $3 trillion Further, most recent figures show reported annual revenues for Internal Revenue Code (Code) Section 501(c)(3) organizations at $897 billion Lax attitudes toward governance An independent, empowered, and active board of directors is the key to insuring that a tax-exempt organization serves public purposes, and does not misuse or squander the resources in its trust. vb.net read pdf file itextsharp PDF Document Reading in C#. net using itext sharp . - CodeProject PdfReader reader = new PdfReader(path); StringWriter output = new ...PhysicalApplicationPath + "files\\CrtoPDF. pdf "; ExportOptions ex = new ... vb.net pdf reader Read a PDF Line by Line - iTextSharp - Stack Overflow Nevermind, this was an oversight on my part. 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What would this mean for nonprofits This recommendation would require nonprofits to submit documentation every five years that proves to the IRS that the organization continues to be in compliance with its 501(c)(3) designation The list of documents specified here are particularly enlightening about the intent of this proposal: Current articles of incorporation and by-laws: The nonprofit would need to be clear about how its operations and governance continue to be in harmony with its founding documents Conflicts of interest policies: The nonprofit would have to provide evidence of a conflict of interest policy and, most likely, proof that board members and senior management have completed annual affidavits identifying real or potential conflicts of interest Evidence of accreditation: This document would be based on another recommendation, which is that nonprofits be required to obtain specific accreditation Management policies regarding best practices: The nonprofit would be required to develop and submit written policies that demonstrate that the organization is implementing best practices in anagement and governance A detailed narrative about the organization s practices: This document would require the nonprofit to provide a detailed explanation about what the organization does, and why it is necessary/desirable in the community Financial statements: These financial statements would be supplemental to the Form 990 that is required on an annual basis Form 990s Proposals for Reform The White Paper recommends that:. 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