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…
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,…
Mixing business and charity seems like it’s all the rage. Done well, it can be an effective way to both further the mission and raise financial support. In this post, we’re going to explore examples of each.
Starting a new nonprofit is exciting! You have a chance to make a difference and change lives. Paying for it can be nerve-wracking or even downright scary, especially if you haven’t done much fundraising before. There are registration fees to…
Giving Tuesday is a global day of giving that has grown into the world’s biggest giving movement and gets bigger every year. Donors in the United States gave a whopping $2.47 billion to nonprofits on Giving Tuesday in 2020, up…
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…
The following is a guest post from Sandy Rees, Founder and Chief Encouragement Officer of Get Fully Funded.
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…
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…
Many nonprofits tend to focus primarily on their federal compliance filings, such as IRS Form 990, and for good reason. All tax-exempt nonprofits must file a version of Form 990 each year. But for organizations based in other states, particularly…