What a mess! Now that May 17, 2010 has come and gone, we are waiting to see just how many 501(c) organizations around the country have lost their tax exemptions. For those of you who have been keeping up, you…
Doomsday is coming…May 18, 2010 to be exact. No, it has nothing to do with the Mayan calendar ending (that’s 2012!). May 18 is the day that nearly 1/4 of all US nonprofits find that the IRS has automatically revoked…
So…you want to start a nonprofit. Fantastic! That puts you in pretty good company. In any given year, as many as 75,000 applications for 501(c)(3) tax exemption are filed with the IRS. Less than half survive the process, but there…
Developing a proactive, comprehensive fundraising plan to make sure your organization is fully funded is just one part of a total plan for your organization. There is another plan you need to create – one that is just as important…
Difficult people. Whether it be a co-worker, a neighbor, or even that very special “in-law”, we all have them in our lives. Chances are, you will have one serving on your nonprofit’s board of directors…if not now, eventually. Sort of…
We all have our moments of discouragement. There are times when we are getting beaten up so badly that we would rather throw in the towel than continue to get pummeled. This situation can occur in just about any area…
It seems that there has been some confusion regarding last week’s article on IRS Form 990, particularly Schedule O. In this short article, I want to expand a bit on that discussion and clear up some misconceptions. We had a…
I can already hear some of your sarcasm… “Tell me something I don’t know!” “You’re kidding! The IRS? Really?” Point taken. It seems like the IRS always wants to know a thing or two about you. Whether it is your…
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…
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…