Your nonprofit organization has received donations. Fantastic news! But… do you need to concern yourself with the state’s fundraising registration process? You see words like charitable solicitation, but what does that mean? What actions give rise to a nonprofit needing…
One of the things that you learn quickly when starting and operating a 501(c)(3) organization is that you have to handle money wisely. A nonprofit is no different than any other business in that you must make ends meet. Otherwise,…
Over the course of our many years in business, we have found the public support test to be among the least understood topics by nonprofits, especially smaller organizations. But, it is absolutely critical to understand how it works, lest your nonprofit…
The system for registering to solicit contributions isn’t the easiest to understand. Even if it’s only one state you are endeavoring to comply with, the expectations aren’t that easy to follow. When it’s a multi-state registration your nonprofit is facing,…
This article was provided by UpMetrics. Starting a new nonprofit often requires navigating a maze of regulatory requirements and administrative hurdles. Getting past basic compliance and federal standards is a massive achievement for new organizations, but checking those initial boxes…
If you have experience in the for-profit world, you have likely heard the common advice that you should incorporate a new business in the state of Delaware. More than 60% of Fortune 500 companies are incorporated in Delaware. There are…
Nonprofit executive compensation is at the top of the list of IRS hot button issues. In recent years, the IRS has been ramping up its oversight and enforcement of nonprofit executive compensation. With all the rancor surrounding executive perks and bonuses…
When it comes to staying compliant with state regulations governing fundraising, it’s pretty safe to say you want to do things the right way. And, if you are fundraising in multiple states, you will want to comply with the registration…
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…
The concept of who owns a nonprofit organization can be hard for some to grasp, especially given that the answer is, “No one!” We encounter this confusion with new clients on a fairly regular basis. And, given people’s understanding of how basic…