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Nonprofit Law/financial disclosure


As a non-profit, I understand that we need to disclose financial information on the form 990.  If asked, are we required to disclose details such as the prices we pay our vendors for a  specific service?  Our vendors would prefer to keep our negotiated price discounts confidential and I'm wondering if I can legally assure them that it will be kept confidential.

The form 990 asks certain questions that might relate to a vendor, especially if the vendor is related to any of your insiders or if the vendor is receiving annually a large amount, like at least $50,000.  Other than that, I suggest that you look through the questions on the Form 990 and let me know if you think any particular question may be asking for the details as to prices you pay the vendors, let me know and I will reply again.  That form is available at

Harvey Mechanic
Attorney at Law

P.S. This response is intended to be a general statement of law, should not be relied upon as legal advice and does not create an attorney/client relationship.

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Harvey Mechanic


DO NOT GIVE ME INFORMATION THAT YOU WANT KEPT CONFIDENTIAL. I am an attorney and I volunteer time to answer general questions about U.S. Federal income tax issues of nonprofit 501(c)(3) public charities only. Those questions could be about establishing and maintaining legal requirements for such non-profit organizations in the United States, including Internal Revenue service filings and requirements. I will not be working on this free forum to answer questions about Nonprofit's possible unrelated or for-profit businesses or how to fill out forms. This forum is only for general questions about federal tax law, not as the law applies to your specific situation. If you do not make your question public then I will not be spending much of my donated time on answers that would not benefit the public. If you have other questions, please contact me at I will reply from my email. In any case, do not reveal confidential information to me until after I have contracted with you to provide personal legal services. My responses on this forum are intended to be general statements of law, should not be relied upon as legal advice, and do not create an attorney/client relationship. For me to consider your individual situation and how the law applies, I would need to gather extensive information about the situation. To search my previous answers you can do a Google search by "" without the quotes and then add your search terms before hitting enter.


I have been practicing law and especially the law of nonprofit organizations since 1990 when I was admitted to the New York Bar and I have maintained my status with the Bar since that time.


B.S. Columbia University in New York City, 1970

J.D. (Law Degree) Brooklyn Law School, 1990 -- Cum Laude.

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