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…
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. …
It seems like the hits just keep on coming. First it was the Form 990-N rule changes that will cost a yet-to-be-determined number of nonprofits their tax exemption. Now organizations are waking up to the news that the controversial new…
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…