Recent changes in beneficial ownership information (BOI) reporting requirements have significant implications for all business types, including nonprofits. The Corporate Transparency Act (CTA), enacted as part of the National Defense Authorization Act for Fiscal Year 2021, mandates new federal reporting…
So, you’re planning on starting a new nonprofit sometime soon. Maybe you’ve heard something about incorporating, but you don’t fully understand what that means. Or, someone told you to form an LLC instead. There’s a lot of misinformation and misunderstanding…
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…
Nonprofit websites are essential tools for engaging supporters.
One of the assumptions that we run into a lot in the course of our work is the idea that, for tax purposes, churches and ministries are essentially the same category of nonprofit. Turns out, that’s not exactly how it…
There are 156 million unchurched people in the U.S., and nearly half of that population is open to being invited to church. If you’re interested in reaching these people by starting a church, you must plan the logistics of your…
Foundation Group is proud to announce the opening of Compass Charitable Partners, a new fiscal sponsorship 501(c)(3) solution for those needing this unique structure.
Whether you’re already a church leader, or you’re starting an initiative from scratch, you know that the calling to start a ministry can’t be ignored. However, you may not know how to start a ministry, especially since the process can…
CRMs can be powerful tools for setting new nonprofits up for success.
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…