Donor Stewardship Keeping donors engaged with your nonprofit organization should be a priority. The start of the new year is a great time to ensure that donors from the past year were ...
Who’s in Charge Here? Role of the Board of Directors vs. Role of the Executive Director
The nonprofit board vs. executive director balance can sometimes become a tug of war! Running a successful nonprofit takes an active board of directors and a dedicated staff led by a capable ...
Year-End Legal Checklist: Annual Meeting, Donor Acknowledgements, 990s, Grant Reports, State Reports
We're making a list...checking it twice! A legal checklist, of course. There are several items your nonprofit needs to complete by year end. Here are some items for nonprofits ...
Nonprofit Law Basics: What is the Difference Between a Public Charity & a Private Foundation?
The terms of nonprofit entities can be so confusing ... public charity ... private foundation ... private nonoperating foundations … private operating foundations … public charities that act ...
Nonprofit Law Basics: What is UBIT (Unrelated Business Income Tax)? What is UBTI (Unrelated Business Taxable Income)?
What is UBIT (Unrelated Business Income Tax)? Is this the same as UBTI (Unrelated Business Taxable Income)? The acronyms UBTI and UBIT are often used interchangeably. UBTI (Unrelated Business ...
Are Nonprofit Board Members Liable?
Are nonprofit board members liable? An active board of directors is essential to the success of any nonprofit organization. Generally, the members of the board of directors are the governing body ...
Are you doing what you say you will? Check & review your Nonprofit Mission Statement & Activities
Nonprofit mission statements define a nonprofit organization; they state what your organization does and whom it serves. [If writing your first nonprofit mission statement, you may want to ready: ...
You’ve Automatically Lost 501(c)(3) Tax-Exempt Status – Now What?
In the summer of 2011, the IRS announced that 275,000 nonprofit groups — about 18% of the nation’s tax-exempt organizations — lost their tax-exempt status because they failed to file IRS Form 990s for ...
Ready to write a nonprofit mission statement? Let’s get started!
A nonprofit mission statement is a statement of purpose for your organization. It is meant to convey what your nonprofit is all about. Some nonprofits prefer a brief one to two clear sentences as a ...
Nonprofit Q&A: What is a nonprofit conflict of interest? How can a policy help?
What is a nonprofit conflict of interest and how can a policy help? When a member of a board of directors assumes office, the law requires that the best interest of the nonprofit prevail over the ...
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