How to Pay Your Nonprofit’s Staff
A few months ago, we looked at some key points regarding nonprofit executive compensation. This week, we want to take a closer look at best practices for paying everyone else your organization employs.
Why Nonprofit Overhead Matters: Debunking The Overhead Myth Once and For All
Expressed in the most gut-level of ways, nonprofits exist to make the world a better place. They feed the hungry, shelter the homeless, educate the children, and support countless other worthy causes. Yet, ironically, many nonprofits still operate under the…
Private Foundation vs Private Operating Foundation: Understanding the Key Differences
We have talked at length about the differences between the two primary categories of 501(c)(3) – public charities and private foundations. What we haven’t addressed as much is the lesser understood category of private operating foundations. In this article, we going…
Recordkeeping Basics for Nonprofits
There’s a well-worn cliché that says, “If it’s not in writing, it didn’t happen”. When it comes to your nonprofit, no truer statement was ever uttered! But, unless you are the uber-organized type who just instinctively writes everything down, documentation…
Nonprofit Rules Enforcement: Who Should You Fear the Most?
Most people involved with nonprofits know that there are certain rules that must be followed. Now granted, there is a lot of misunderstanding with regard to what the rules mean and how to properly follow them. And it goes without…
Fiduciary Responsibility of Nonprofit Board Members
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…
Breathe New Life Into Your Website: 4 Tips for Nonprofits
Your nonprofit’s website is the hub of its digital presence and activity. From spreading awareness of your mission to bringing in online donations to providing avenues to get involved in events and programs, your website is critical to your organization’s…
Navigating Campaign Rules for Nonprofits – What You Need to Know
Nonprofit organizations do amazing work—feeding the hungry, helping the homeless, supporting community initiative — but you know that already. When it comes to politics, however, especially during election season, nonprofits need to be extra careful. Whether you’re running a charity,…
Should I Incorporate My Nonprofit in Delaware?
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…
Top 5 BEST Reasons to Start a Nonprofit
Work with startup nonprofits for as long as we have, and you’re bound to hear virtually every idea someone could come up with. We had a lot of fun in our last post exploring the terrible ideas people have that…