Most people, or at least me, like lists of facts. Like the height of Mount Everest is 29,032 feet high. Although it was considered to be 29,028 feet high until December of 2020, when the official height was changed. Facts…
As we approach the 20th anniversary of the September 11th attacks, we couldn’t think of a more deserving organization to be highlighted. The team at Guardian Revival embodies everything it means to give back to the community and acknowledging the…
The following is a guest post from Sandy Rees, Founder and Chief Encouragement Officer of Get Fully Funded.
In a landmark ruling issued at the end of June 2021, the Supreme Court overturned a California law requiring donor disclosure in favor of donor privacy rights.
There are some universal truths when it comes to nonprofits that are not dependent on the size of the organization. This is especially true about money. While yes, the amount of revenue determine which Form 990 the nonprofit is required…
Not all of Foundation Group’s clients limit their charitable activities to the continental U.S. And just like they’ve gone beyond the horizons of the country’s immediate borders, this organization has gone above and beyond in their first year of operations…
A nonprofit’s source of revenue can greatly affect its potential IRS classification of 501(c)(3) status. Often, an organization’s purpose determines any sub-classification. In this article, we’re going to take a look at what happens when it is revenue that determines…
One of the most heart-warming nonprofit charitable purposes is animal rescues. There’s something about an animal’s sweet face looking back at you that makes most people’s hearts melt. Well, the wonderful leaders of HB Ranch Donkey Rescue have managed to…
Nonprofits that file for 501(c)(3) status with the IRS enjoy federal tax exemption when that status is approved. In most states, the IRS determination letter is all that is required to also enjoy state corporate tax exemption. Texas is one…
A group exemption affords the opportunity for a nonprofit organization to share the tax-exemption of another 501(c)(3) without having to apply to the IRS for their own status. There’s a lot to it, so let’s take a closer look.