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Posted on Aug 09, 2024

You settle a lawsuit by a former teacher at your nonprofit for $ 9 0 0 , 0 0 0 ; your overall budget is

You settle a lawsuit by a former teacher at your nonprofit for $

900, 000

; your overall budget is $

2, 000, 000

and this settlement has to be paid immediately. This is a 'material' event.

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