For every nonprofit, understanding and fulfilling tax obligations is critical to legal compliance. Form 990, the IRS annual report that nonprofits must file, is central…
Public Charity vs. Private Foundation For nonprofit organizations, understanding the distinctions between being classified as a public charity or a private foundation is fundamental, especially…
Nonprofit organizations play a crucial role in serving communities and addressing societal needs. However, beyond the altruistic mission lies a crucial administrative task—complying with IRS…
As the 2024 nonprofit tax season unfolds, it’s crucial to revisit the essentials of Form 990 to ensure your 501(c)(3) organization remains in compliance with…
Unlocking the Power of Purpose: A Guide to Defining and Refining Your Nonprofit Mission Statement Crafting a compelling nonprofit mission statement is the first step…
Demystifying Nonprofit Annual Report Compliance As a committed nonprofit leader, maintaining compliance with state regulations is paramount. In compliance, the annual report is a crucial…
There’s a misconception about nonprofit organizations and grant funding. While all 501(c)(3) nonprofits are grant eligible, many are not grant-ready. A grant-ready nonprofit understands the…
A brand is many things – a name, design, symbol, or other features that distinguish one business from another. For nonprofits, a brand builds a…
There are multiple ways to launch a new business. The most common forms are limited liability companies (LLCs) and corporations, typically designed by Inc. Both…
A Nonprofit Strategic Plan is a guide to operating your nonprofit for the foreseeable future. It should be continually referred to and read by all…