Tag Archives: 501(c)(3)

Update on IRS Tax Exemption Revocations

It’s been almost two months since most tax-exempt organizations were required to file their annual IRS Form 990.  As we have discussed at great length on these pages, the due date for tax year 2009 was the doomsday date for … Continue reading

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Get More Out of Your Fundraising Efforts

Let’s face it.  Times couldn’t be tougher for many nonprofits, especially when it comes to raising money.  And in the nonprofit world, things often run in inverse proportion:  The tougher the economy, the greater the need…and the scarcer the resources.  … Continue reading

Posted in Funding, Managing a Nonprofit | Tagged , , , | 3 Comments

This Year’s Form 990 is a Very Big Deal

The filing deadline for the 2009 Form 990 is May 17, 2010 for 501(c)(3) and other tax-exempt organizations running on a calendar year basis.  There is nothing particularly new about that.  What IS new is that this year’s filing obligation … Continue reading

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News For Nonprofits

As long-time readers of our articles know, most of our posts focus on tips and best practices for effective nonprofit management.  This post is going to be a little different.  There is so much going on right now that affects … Continue reading

Posted in Education, Hot Topics, Managing a Nonprofit, Starting a nonprofit | Tagged , , , , , | 15 Comments

Avoiding 501(c)(3) Founder’s Syndrome

Founder’s syndrome.  It affects nonprofits and for-profits alike.  And it can be crippling to any organization.  Understanding what it is and how to avoid it is crucial to the future of your 501(c)(3). Taken from that most-reputable of sources, Wikipedia, … Continue reading

Posted in Education, Managing a Nonprofit, Starting a nonprofit | Tagged , , , , | 16 Comments

How Year-End Contribution Statements Can Raise Money

It’s one of those administrative tasks that must be done every year:  mailing your donors a year-end statement of their contributions.  Even if you are receipting on a per gift basis, a year-end itemized report is a best practice that … Continue reading

Posted in Funding, Managing a Nonprofit | Tagged , , , | 1 Comment

Are You Misappropriating Your Nonprofit’s Funds?

One of the things that you learn quickly when starting and operating a 501(c)(3) organization is that you have to handle money wisely.  A nonprofit is no different than any other business in that you must make ends meet.  Otherwise, … Continue reading

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Year-End To-Do List for Nonprofits

Well, we are pretty much down to it.  There are only a few, short weeks left in 2009…and during much of that time, most of us will be preoccupied with all things Christmas.  But in all the hustle and bustle, … Continue reading

Posted in Education, Managing a Nonprofit, Nonprofit Payroll | Tagged , , , , , , | 1 Comment

Six Ways to Really Scare Away Your Donors

Halloween is upon us…and there is no more appropriate topic that we could cover than how to effectively scare away donors.  In the, um, spirit of the season, let’s look at six ways to guarantee donors will want nothing to … Continue reading

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Surviving an IRS 501(c)(3) Audit – Five Rules

In our last post, we took a look at five of the most common sources that could spark an IRS examination or audit of your 501(c)(3) organization (or other nonprofit).  In this article, we’re going to equip you with five … Continue reading

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IRS 501(c)(3) Audits – 5 Potential Sources

There is one phrase in the English language that generates more fear and trepidation than any other out there:  IRS AUDIT.  Just hearing the words is enough to cause many a fearless person to break out in a cold sweat … Continue reading

Posted in Education, Hot Topics, Managing a Nonprofit, Nonprofit Payroll | Tagged , , , , , , | 4 Comments

Nonprofit Board Members – Choose Wisely

No decision you make regarding your nonprofit organization carries more importance than who is chosen to lead it.  The members of your board of directors make up the governing body of your nonprofit and are legally accountable for its actions.  … Continue reading

Posted in Education, Managing a Nonprofit, Starting a nonprofit | Tagged , , , , | 13 Comments

Thrift Store Redux – It’s Back!

In case you missed our blog about this story earlier in the year, the nanny-state strikes again.  Back in January, we told you about a new consumer “protection” law, the Consumer Product Safety Improvement Act, that was going into effect … Continue reading

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Happy Birthday to Foundation Group!

September 15, 2009 is Foundation Group’s 14th birthday.  As one of the founders of this company (the other being Mr. Blair Dudley), I’ve been here since day one.  Believe me…there are days when it seems like a lot longer than … Continue reading

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The Challenges of Expanding Your Nonprofit

One of the most challenging situations your nonprofit organization can face is the need to expand.  It is also an exciting challenge.  Compared with the alternative of diminishing effectiveness and shrinking support, growth is a good thing.  At least it … Continue reading

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