The presence or absence of sponsors can make or break your nonprofit’s events. Your team has likely poured many hours into the planning process to ensure your venue, marketing materials, and event content are innovative and engaging for your attendees.…
Your nonprofit organization has received donations. Fantastic news! But… do you need to concern yourself with the state’s fundraising registration process? You see words like charitable solicitation, but what does that mean? What actions give rise to a nonprofit needing…
You know who your donors should be. You know where you should be able to find your donors. You know the type of person that should be interested in what your nonprofit organization does and should care about its purpose…
Bookkeeping is an essential component of any ongoing enterprise. It is the meticulous process of recording and organizing financial transactions, and represents the backbone of the financial system for both small businesses and nonprofit organizations. And while the fundamental principles…
So you want to start a new nonprofit. Great! Now how do you pay for it? Starting and operating a new organization is not easy… or cheap. And, how do you convince people to give to an organization that doesn’t…
Funding your nonprofit organization and making a difference in your community is not an inexpensive feat. So, you start fundraising! And hopefully, you are successful in finding people who want to donate. But what does that look like in your…
There’s a well-worn cliché that says, “If it’s not in writing, it didn’t happen”. When it comes to your nonprofit, no truer statement was ever uttered! But, unless you are the uber-organized type who just instinctively writes everything down, documentation…
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,…
Mixing business and charity seems like it’s all the rage. Done well, it can be an effective way to both further the mission and raise financial support. In this post, we’re going to explore examples of each.
When starting a 501(c)(3) organization, there are generally two choices of how the organization will be classified. It can be a public charity or a private foundation.