Your organization works hard and pays good money to follow the accounting rules – is it fair that Charity Navigator doesn’t? The charity evaluator uses metrics by which it analyzes and rates charities. These ratings are then viewed by thousands of potential donors. In an under-the-radar move, Charity Navigator recently revised its financial performance efficiency metrics to …
Posts By: The Law Firm for Non-Profits, P.C.
People Aren’t the Only Victims of Identity Theft
You have probably heard of identity theft. But that only happens to people, right? Wrong. Nonprofits have an identity too and can be victimized by identity theft just like people. The corporate version of the Social Security Number is the employer identification number, and if it’s misused it can do big damage. Large nonprofits have …
How to Make it to Hollywood
The Academy Awards are announced this Sunday. Why is this mentioned on a 501(c)(3) law blog? Believe it or not, Oscars and nonprofits have something in common! Of course, many documentaries and shorts are produced by or with funding from nonprofits. But this year, the big prize could go to a feature film funded by …
Arthur Rieman Honored as 2013 Super Lawyer
The Law Firm for Non-Profits is thrilled to announce that our managing attorney, Arthur Rieman, has been selected as a 2013 Super Lawyer in his specialty of Non-Profit and Business and Corporate Law. This honor is bestowed by the Journal of Law and Politics in conjunction with Los Angeles Magazine based on peer evaluation. Nominations …
The History of the Charitable Deduction
As happens intermittently in Congress, the charitable deduction is once again closing in on the chopping block. But before you get involved with the debate, have you ever wondered where the charitable deduction came from? The charitable deduction first appeared during World War I, when it was enacted to help charities survive the war since …
Update on CA Benefit and Flexible Purpose Corps
According to the California Secretary of State, as of November 4, 2012, there were 79 benefit corporations and 21 flexible purpose corporations. In case you don’t remember, these are the new corporate forms that incorporate elements of a traditional for-profit corporation while also promoting the public purposes of a nonprofit. They have been available in …