Most people say the hardest thing about growing a small nonprofit is figuring out the funding. When you have a thousand things to do to run your programs, recruit volunteers, manage your Board, and spread the word about your good…
Your board of directors is one of the most important assets your nonprofit has. Assuming they understand their role and are there for the right reasons, your board members provide invaluable insight, direction and oversight. They volunteer their time and…
We get a lot of questions from our clients about their organizations’ meeting minutes. Our exemption specialists often give advice on questions like “When should we record meeting minutes?” and “Why are meeting minutes so important?” There is great importance…
In Parts I and II of our series about fundraising registration, we took a look at an overview of the topic in general, then asked, Is All Fundraising Considered Charitable Solicitation? In today’s discussion, we are going to talk about…
Part II of our Charitable Solicitations Registration Series When it comes to fundraising, what constitutes a charitable solicitation? In other words, when does the “ask” really become an “Ask” that requires a nonprofit to register with a particular state’s Division…
One of the least understood compliance issues facing nonprofits is charitable solicitations registration. Consequently, this also makes it the filing that an organization is most likely to be delinquent concerning. And that’s a recipe for trouble...trouble that is unnecessary and…
Bring up the subject of a nonprofit's bylaws and you are sure to get an interesting response. For many nonprofit's, their bylaws are just some forgotten document, full of legalese, gathering dust in a file cabinet somewhere. No one on…
No decision you make regarding your nonprofit organization carries more importance than who is chosen to lead it. The members of your board of directors make up the governing body of your nonprofit and are legally accountable for its actions. …
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,…
Private foundations are a unique class of 501(c)(3) organization...so unique, in fact, that they have their own exclusive version of IRS Form 990, called Form 990-PF. In this post, our 5th in this series, we’re going to examine just what…
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