As Seen in Philadelphia Business Journal
A: If the organization solicits contributions from Pennsylvania residents and is not excluded or exempt, it must file a BCO-10 registration statement for its most recent fiscal year, a copy of its IRS Form 990 and the appropriate financial statements.
Organizations receiving more than $25,000 but less than $50,000 of gross contributions may submit either internally prepared financial statements or compiled, reviewed or audited financial statements. Compiled financial statements must be prepared by a licensed certified public accountant or licensed public accountant. Organizations receiving between $50,000 and $100,000 must file compiled, reviewed or audited financial statements. Organizations receiving between $100,000 and $300,000 must file reviewed or audited financial statements. Organizations receiving $300,000 or more must file audited financial statements. Reviews and audits must be performed by an independent, licensed public accountant or an independent, licensed certified public accountant. If you have any questions, please contact Friedman LLP.
Reference: Pennsylvania Department of State website