Posts Categorized: Uncategorized

Annual Filing Requirements for a Foreign Nonprofit Operating in California

March 29, 2024 Posted by Casey Summar in Uncategorized
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working on filing requirements for a foreign nonprofit operating in california

Introduction Nonprofit corporations formed outside of California may be required to file several forms to allow them to legally operate within the state of California. This blog summarizes filing requirements, due dates, and potential ramifications for failure to comply with filing requirements for California “foreign” or “out-of-state” nonprofit corporations. What is a “Foreign Corporation”? “Foreign corporation” is a term that describes a corporation that operates in a state outside …

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Fiduciary Duties of Nonprofit Directors

February 29, 2024 Posted by Casey Summar in Uncategorized
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glasses with the words fiduciary duty in the lense on a piece of paper

The board members of a nonprofit are legally responsible for overseeing everything the nonprofit does. California state law strictly controls how a board manages its affairs and sets high standards for board members’ conduct. Failure to satisfy these legal standards – i.e., the board members’ “fiduciary duties” – can result in personal liability for directors …

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Disclosure Requirements for Nonprofits

January 31, 2024 Posted by Casey Summar in Uncategorized
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a typewriter wither the word disclosure written on the paper.

The IRS and some states require nonprofits to disclose certain documents to the public upon request. Additionally, the IRS and some states even make these documents available to the public. Donors want to be able to ensure that the nonprofits they donate to are spending their contributions wisely. Maintaining transparency – which nonprofits accomplish in …

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Beware the Attorney General: Scrutiny of Director Compensation on the Rise

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Enhanced scrutiny for nonprofit compensation

Recent California Attorney General (“AG”) audits should make every nonprofit board beware the Attorney General. This charity regulator appears to be doubling down on its scrutiny of director compensation. Under the California Nonprofit Corporation Law (the “Nonprofit Law”), the AG has the authority  to look into virtually every aspect of a charity’s operations. This broad …

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COVID-19 Relief for Nonprofit Employers

March 27, 2020 Posted by Kristen Anderson in Congress, COVID-19, Crisis, Employment Matters, IRS, Non-profits, Nonprofits, Taxes, Uncategorized

In the wake of the COVID-19 outbreak, federal and state governments have provided the country with several waves of relief for employers, including nonprofits, to help ease the burdens caused by the pandemic. New programs will affect nonprofit employers by imposing upon them new obligations towards their employees and by providing them with benefits to …

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Nonprofits Already Hit Hard by COVID-19

Nonprofits Hit Hard by COVID-19

Even at this early stage in the COVID-19 pandemic, nonprofits are already reeling from its effects. And they promise to be devastating. It’s too soon to predict the ultimate impact, but it’s a fair projection that economic ruin will fell many organizations – unless they are saved by patrons funders and legislators. Performing Arts Hard …

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