Category Archives: Accountability

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

Tagged , , , ,

Does Your Nonprofit Pay Its Payroll Taxes?

According to a recently released report from the Treasury Inspector General for Tax Administration (TIGTA), although most exempt organizations pay their federal taxes, more than 64,200 of the nearly 1.7 million organizations recognized as exempt (or 3.8%) had nearly $875 … Continue reading

Tagged , , ,

A New Charity Reporting Option

There are many resources for finding out information about a nonprofit. The best option is to review an organization’s documents yourself. But if you don’t have time for that, where should you go for reliable reporting on nonprofits? The Direct … Continue reading

Tagged , ,

Another Win for NY AG Schneiderman

New York Attorney General Eric T. Schneiderman is following his big win earlier this month with a $522,000 pay out from a Brooklyn rabbi who collected hundreds of thousands of dollars for fake charities. Rabbi Yaakov Weingarten pled guilty in … Continue reading

Tagged , , ,

Florida Enacts Tighter Regulations on Charities and Fundraisers

Do you remember when, in April, we told you that Florida’s lawmakers were concerned that 11 of the 50 worst charities were based in Florida. Now they are following through on their promise to do something about it. Last month … Continue reading

Tagged ,

Florida Considering Tightening the Reigns on Charities and Fundraisers

Remember when we told you about the nation’s 50 worst charities? Florida’s lawmakers noticed that 11 of those worst offenders were based in Florida. In an effort to clean up Florida’s charities, Agriculture Commissioner Adam Putnam has proposed a plan … Continue reading

Tagged , ,

Lady Gaga Boosts New Tax Plan

Earlier this week we told you that the House Ways and Means Committee is trying to force nonprofits to be more “effective” through a new tax plan. Thanks to Lady Gaga, the Committee has a new example of why such … Continue reading

Tagged , , , ,

The IRS Wants Your Responsible Party to Keep in Touch

Several times each year we receive letters form the IRS for former clients who failed to update the IRS of changes in their contact information. The result of failing to keep the IRS, or any other regulator, apprised of new … Continue reading

Tagged , ,

Who’s Protecting My Donation from a “Significant Diversion”?

Donors around the country are asking themselves that since The Washington Post published a series of articles reporting that more than 1,000 nonprofit organizations have reported a “significant diversion” of assets since 2008. A significant diversion is one that is … Continue reading

Tagged , , , ,

Choose Grant Recipients Wisely

How carefully does your nonprofit’s board choose grant recipients? If you don’t know, here is a wake-up call. One Fund Boston, the 501(c)(3) established to assist victims and families affected by the Boston Marathon bombings, recently approved payment of $480,000 … Continue reading

Tagged , , , ,

Contact The Law Firm for Non-Profits to learn more about how we can help in
launching, guiding or advising your tax-exempt, non-profit organization.