A common mistake made by both businesses and nonprofits alike is the failure to budget income and expenses. Far too often, it’s a see-what-comes-in mentality that rules the day, with no attempt to plan, manage, or adapt to changing financial…
What happens when a good idea for revenue starts pulling you away from your mission? You’ve poured your heart into building a nonprofit that’s making a real difference. The mission drives you, and the impact keeps you going. But as…
With a recent decline in church attendance, there is a growing need to expand your ministry’s outreach. If you’re looking for ways to engage churchgoers and successfully spread your faith, church planting is a great solution. Whether you’re already a…
What are your goals as a church leader? Are you passionate about ministering to others? Perhaps you want to offer hope to an entire community. Like any organization, churches need a clear vision of their purpose and the tools to…
After incorporating in your state and setting up your nonprofit’s 501(c)(3) status with the IRS, the biggest regulatory concern that you’ll have is maintaining ongoing compliance with the law. The regulatory filings required for both state and federal entities are…
Some days, there are pieces of mail you really wish you didn’t receive. Bills, late notices, warranty expirations, or recalls on your car are all examples of items we’d rather not get. But one piece of mail you really don’t…
Wouldn’t it be nice if every time we start to do something stupid, someone would be there to intervene before we did it? But what if I told you that, right now, you are possibly doing five things to undermine…
When it comes to nonprofit compliance, one of most challenging issues is navigating the regulations surrounding multi-state charitable solicitations. The rules and regulations from state to state are not only complex but constantly evolving. As nonprofits expand their fundraising efforts…
Transparency is about more than complying with laws. It’s about empowerment. When nonprofits are open about their operations, they garner more than public trust. They gain stronger partnerships, sustainable fundraising, and a more engaged community. From fundraising to hiring, many…
UPDATE (03/03/2025): BOI might finally be dead as of this morning. The fast-moving changes to the Beneficial Ownership Information saga is enough to give you whiplash. This latest change, however, may very well be the end of it. The US…