What are Nonprofit Bylaws?

nonprofit bylaws

What are nonprofit bylaws? Bylaws are your organization’s operating manual. They set out the rules that govern the internal management of an organization. You must keep a copy at the nonprofit corporation’s principal place of business. A copy of the bylaws, signed by a corporate officer, must be submitted when applying for federal IRS 501(c) tax-exemption. […]

Ready to write a nonprofit mission statement? Let’s get started!

Close-up of a blue pen and a spiral-bound notebook, ready to write your nonprofit mission statement.

A nonprofit mission statement is meant to convey the purpose of your organization in one to two clear sentences. This statement will be used to describe your organization’s work. It will be part of your pitch as you recruit board members, employees, volunteers, and donors. It will serve as a touchstone for your organization since your mission statement should guide all of your organization’s initiatives…

Did your Nonprofit Change its Name or Address? Better Inform the State & IRS

Did your nonprofit move?

State Updates – Corporate changes Nonprofit corporate changes occur on a state level. So, if the organization changes its name, address, or registered agent, or adopts amendments to its Articles of Incorporation, it is required to file notice of the changes with the Secretary of State and pay the applicable fees. Each state has different […]

What Does It Mean for a Nonprofit to Lose Tax-Exempt Status?

Several people are raising their hands, with many questions about losing nonprofit status.

Since 2011, more than 500,000 tax-exempt entities have lost their tax-exempt status automatically. This started in 2011 when 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 three consecutive years. Since then, organizations have continued […]