The position of Registered Agent is an essential part of the corporate landscape. Both for-profit and nonprofit corporations need one, but their role is often misunderstood. So, what is a Registered Agent, and why do you need one?
Your board of directors is one of the most important assets your nonprofit has. Assuming they understand their role and are there for the right reasons, your board members provide invaluable insight, direction, and oversight. They volunteer their time and…
Nonprofit organizations play an important role in addressing societal issues and providing services to communities. The board of directors is a critical component of these organizations, as they are responsible for overseeing the organization’s strategy, finances, and operations. In this…
Starting any type of business is a risky endeavor. Whether you’re starting a consulting firm, a food truck, or a nonprofit food pantry, entrepreneurs face unique risks. And given that nonprofits can’t have owners, many social entrepreneurs face an even…
There’s a lot that goes into starting a nonprofit. Here’s 11 things to consider…because 10 is never enough!
Foundation Group has joined BryteBridge to expand resources and expertise for nonprofits nationwide, while continuing its trusted formation, compliance, and bookkeeping services.
Whether you are talking about a commercial business or a nonprofit, every organization runs more smoothly when it has solid operating policies. Way too often, however, these are an afterthought, and you find yourself needing to refer to a policy…
In working with thousands of nonprofit startups over the years, one of the most frequent challenges we face when working with clients is conflict-of-interest concerns. New 501(c)(3) organizations are particularly vulnerable to this for a number of reasons, chief among…
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…
You think you’re pretty well versed in the English language, right? If you grew up in an English-speaking country, you’re pretty sure you have this thing down pat. Maybe you do, and maybe you don’t!