One of the primary responsibilities of any nonprofit board member is to maintain the financial integrity of the organization they serve. Board members act as trustees of the organization's assets and must exercise due diligence and oversight to ensure that…
Your nonprofit is up and running. Now there's more work to be done than you can do yourself, or than your board of directors or employees have time to do. What next? You need to find some help. It may…
Timely and accurate filing of Form 990 is essential to the ongoing success of your nonprofit. We often run into the false notion that since it is a nonprofit filing the return, that the IRS really doesn't pay that much…
We talk a lot about IRS Form 990 around here, and for good reason. It's the most critical annual compliance filing you have. What we don't talk a lot about, however, is how best to prepare for Form 990 season.…
At Foundation Group, we know how incredible our clients are and how hard they work to accomplish their respective exempt purpose. Gentle Lion is no exception to this across their many years of operation. So, we want to shine a…
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…
There are lots of reasons why your nonprofit's annual IRS Form 990 is critically important. Chief among those reasons is that it is legally required that your organization file one each year. But another important consideration is the public transparency…
So, you're planning on starting a new nonprofit sometime soon. Maybe you've heard something about incorporating, but you don't fully understand what that means. Or, someone told you to form an LLC instead. There's a lot of misinformation and misunderstanding…
With the New Year comes new responsibilities. Similar to how we all anxiously await for our employers to issue us our W-2s at the beginning of the year to get our taxes and out of the way (and hopefully not…
The instructions for IRS Form 990, the long form, are 103 pages long. IRS Form 990-EZ, its mid-range form, instructions are 48 pages long. IRS Form 990-PF, only for private foundations - but required of all private foundations regardless of…