How to Create an Effective Impact Story While the effect of a great impact story may not always be tangible, its significance is hard to…
Tracking your cash and non-cash donations throughout the year doesn’t need to be complicated. Cash donations include voluntary contributions, grants and cash gifts from the…
990-N Detailed Overview What is IRS Form 990-N? The 990N is a convenient filing process the IRS makes available to help ease the financial reporting…
Introduction to Foreign Registration Most companies operate primarily within their state of incorporation. However, If you plan to expand your business into other states, you…
Are foreign individuals able to be board members/officers? Currently, there is no law that prevents a foreigner to be an officer. Check your bylaws to…
The answer largely depends on the state you are operating or domiciled in. Some states will allow this; however, individuals cannot sign documents for two…
This one is tricky because the state and IRS rules often conflict. You will need three unique individuals to fill each role to apply and…
While there are many steps necessary to start a nonprofit, there are three foundation steps that are needed to secure 501(c)(3) status: Step 1: Incorporation– Incorporate within…
A private foundation, is typically controlled by members of a family or by a small group of individuals, and derives much of its support from…
What is the difference between a private foundation and a public charity? Private foundations and public charities are distinguished primarily by the level of public…
