Enacts new GS 55A-16-24 to provide that a nonprofit corporation that receives any public grants or loans from a local government, the state, or the federal government must provide to any member of the public, on written demand, (1) its latest financial statements, which must be substantively similar to reports required by GS 55A-16-20 and also contain details about the amount of public funds received and how they were used and (2) a copy of its most recent Internal Revenue Service Form 990. A corporation may comply by maintaining these documents on its public Web site. Effective October 1, 2011, and applicable to nonprofit corporations receiving public funding in the form of grants or loans on or after that date.