The day some nonprofits have dreaded is coming soon. The IRS announced on February 24, 2011 that it will soon publish the list of 501(c) nonprofit organizations that had their tax exemption automatically revoked for nonfiling of Form 990 information…
This is installment #2 in our ongoing series on leadership. Our first installment was more of an introduction. In this post, we are going to explore the concept of governance vs. management. Governance and management: For many, these are interchangeable…
The word “leader” conjures up a variety of images: your old Little League coach, a military general, your boss…even the president of the United States. Regardless of who (or what) comes to mind, there is the common thread of someone…
It’s the beginning of another new year. And along with everything else that comes with a flip of the calendar, the IRS has several things up its sleeve for nonprofits in 2011. Let’s take a look two of the most…
If you are operating a nonprofit organization, chances are good that you have questions…lots of questions. And, it probably wouldn’t surprise you to know that your contemporaries in other nonprofits have lots of questions, too. Here at The Foundation Group,…
Ok, it’s confession time. As a lot of preachers do with their sermons, this article rises of out some self-evaluation I’ve been engaging in since I picked up Timothy Ferriss’s book, The 4-Hour Workweek. While my goals are certainly different…
Every nonprofit in existence needs money. Your ability to pay the bills depends upon it, not to speak of your ability to accomplish your mission. But do you really understand what it takes to be attractive to donors? Is your…
Just yesterday, I was interviewing a new student intern candidate in my office. During the course of our wide ranging discussion, the conversation turned to some of the interesting misconceptions we encounter with clients. I made the comment that we…
Noncompliance. As the word suggests, noncompliance is the opposite of compliance. But what does noncompliance mean as it relates to your nonprofit? More important still, what is the true cost of noncompliance? If you have been a client or follower…
The IRS has finally announced its decision regarding the extension it promised to small charities facing the loss of tax exemption due to not filing Form 990N. Now, small nonprofits have until October 15, 2010 to file Form 990N and…