Whether you are talking about a commercial business or a nonprofit, every organization runs more smoothly when it has solid operating policies. Way too often, however, these are an afterthought, and you find yourself needing to refer to a policy…
40 states, plus Washington DC, require 501(c)(3) nonprofits to register prior to soliciting donations. And, since most states now consider all forms of revenue generation by your nonprofit to be a solicitation, you simply must be aware of what is…
In working with thousands of nonprofit startups over the years, one of the most frequent challenges we face when working with clients is conflict-of-interest concerns. New 501(c)(3) organizations are particularly vulnerable to this for a number of reasons, chief among…
The following is a guest post from DNL OmniMedia. Starting a nonprofit requires establishing your mission, determining your organization’s structure, ensuring you have the necessary resources to operate, and filing important legal compliances. You will also need to determine what…
Maintaining timely and accurate financial records is one of the most important responsibilities facing every nonprofit organization. But doing it right is time-consuming, and the rules are complicated.
Sometimes, those operating a charitable activity do not wish to fully formalize what they’re doing into an actual 501(c)(3) nonprofit entity. The reasons for this vary, but often the services of a fiscal sponsor is needed. Properly setup, fiscal sponsorships…
Founder’s syndrome. It affects nonprofits and for-profits alike. And it can be crippling to any organization, regardless of the form it takes. Understanding what it is and how to avoid it, or fix it, is crucial to the future of…
Risk is relative. For some people, jumping out of an airplane is a typical weekend adventure. For others, driving 5 miles per hour over the speed limit makes your pulse quicken and beads of sweat break out on your forehead. …
The following is a guest post from Donately. Donors are the lifeline of your organization. To retain their support, your nonprofit has to go the extra mile to keep donors engaged and passionate about your cause. However, how can you…
The end of the year is THE BEST time of year for fundraising. And it’s a great time to get your Board involved in helping you raise money. But if you’re like most, your Board doesn’t do a whole lot…
