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…
Several months ago, we posted an article and accompanying video about Beneficial Ownership Information (BOI) filings for nonprofits. We’re almost one year into this new requirement, and with 2025 on the horizon, what changes and/or updates do you need to…
There are few topics that generate more confusion to nonprofit managers than unrelated business income (UBI). It is also one of the areas than can cause the most problems for your organization. It can cost you money in the form…
Running a highly effective nonprofit organization is no small feat. The mission-driven focus of nonprofits places a high demand on resources, time, and energy. However, in the process of making a difference, many nonprofits find themselves grappling with compliance issues…
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,…
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,…
Here’s a factoid you’ve probably heard before: The majority of small business startups fail within the first 5 years. Sadly, the same is true for nonprofits. There are a multitude of factors that come into play that help to determine…
To fulfill a church’s mission, its leaders are tasked with administrative duties, such as managing staff and overseeing the bookkeeping process. That’s why volunteer roles are crucial to propel other church initiatives forward—volunteers offer much-needed support that drives outreach, evangelism,…
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…
Healthy things grow. That goes for both people and organizations. All but the smallest of businesses grow and evolve over time. Often it is a necessity to keep up with changes in the business environment, regulatory change, or simply changes…