The reporting status of these type of entities depends on their type, and method of establishment:
A domestic entity, such as a statutory trust, business trust, or foundation, is classified as a reporting company only if its formation involves filing documentation with a secretary of state or similar office.
Similarly, a foreign entity achieves reporting status if it registers to conduct business in the United States by filing with a secretary of state or equivalent office.
State laws vary as to whether certain entity types, such as trusts, require a filing with the secretary of state or similar office for formation or registration.
Entities must also determine whether an exemption applies. For example, a foundation may be exempt from reporting beneficial ownership information if it qualifies for the tax-exempt entity exemption.
Utilize the Exemption tool to determine if your business qualifies for any exemptions.
Related articles: What are the details about exemptions?
What is the Large Operating Company exemption?