Posts Categorized: Non-profits

Nonprofit Board Operations: Agendas

Meetings, meetings, meetings. A necessary part of any nonprofit organization, they are where ideas and issues are discussed, new initiatives are introduced, and action items are assigned. While they may seem cumbersome at times, a good meeting keeps your organization focused and goal-oriented. But how do you maintain the productivity of meetings – especially recurring …

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Nonprofit Board Operations: Minutes

It’s the room where it happens. Where the decisions are made, goals are discussed, and milestones are celebrated. When your board of directors formally gathers, it is a meeting of the minds that keeps your nonprofit organization’s operations moving forward and reaching toward new heights. And with such important items being discussed and decided upon …

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Best Practices for Acknowledging Charitable Contributions

Charitable contributions are a main source of funding for most non-profits. In order for your donors to receive a tax deduction for making charitable contributions, they must be properly and appropriately acknowledged by the nonprofit. You may be surprised to learn that there are several important things your organization must do to ensure that donors …

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IRS Now Mandates Electronic Filing for All Nonprofits

July 27, 2021 Posted by Casey Summar in Form 990, IRS, Non-profits, Taxes

On July 15, 2021, the IRS released an Exempt Organization Mandate that requires all Forms 990-EZ be filed electronically. The mandate is effective for filings for tax years that end July 31, 2021 (i.e., for tax years beginning August 1, 2020). Not sure what this means for your organization? Read on. What is Form 990-EZ? …

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Is Fiscal Sponsorship Right for You?

Many individuals looking to develop a charitable program assume that they need to create a nonprofit organization to solicit tax-deductible contributions. While establishing a nonprofit is often the best course of action, for many there is another way – fiscal sponsorship. Fiscal sponsorship is a partnership with a 501(c)3 tax-exempt organization – the fiscal sponsor …

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At What Stage of the Nonprofit Lifecycle is Your Organization?

Understanding the nonprofit lifecycle is the key to identifying the transitional points that can be opportunities to expand an organization’s capacity to serve the community they set out to help.    Simply put, capacity is a nonprofit organization’s potential to effect meaningful change. Building capacity is necessary to accomplish an organization’s mission in a way …

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