Category Archives: Uncategorized

Are Nonprofits “Follow the Money” Obsessed?

Have the leaders of nonprofits been overly incentivized to “follow the money,” resulting in a troubling shift in the composition of boards? The answer is yes according to a recent article in the Stanford Social Innovation Review. The trend may … Continue reading

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990s to Get Greater Scrutiny

Late last month, the IRS announced enhanced electronic processing of Forms 990 that will result in their getting greater scrutiny to ferret out inconsistencies and missing information. According to IRS tax law specialist (and former Los Angeles-based colleague of The … Continue reading

Form 990 Filing Site Hacked

Form 990 Filing just got more complicated. The online service where 990s are filed electronically has recently been hacked. The Urban Institute, which operates the online filing site for the annual returns nonprofits must file, announced that it “recently discovered … Continue reading

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IRS Targets Nonprofit Self-Declarers

It’s official. IRS targeting of nonprofit self-declarers will begin this year. Most organizations that qualify for federal tax-exemption other than non-church 501(c)(3) charities do not need to apply for tax-exemption. Whereas may do, they can simply self-declare that they are … Continue reading

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Bad Month for Walmart

June is not starting out well for Walmart. At the start of the month, Walmart 1 Percent, a project of union-backed Making Change at Walmart, released a report with a title that packs a punch:  “The Phony Philanthropy of the … Continue reading

Contempt Charges Against Lerner Green Lighted

Lawyers for the House of Representatives have concluded that the House Oversight and Government Reform Committee has legal standing to pursue contempt charges against Lois Lerner. Lerner is the former head of the exempt organizations division of the IRS. The … Continue reading

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