No one wants to hear the “A” word from the IRS. A tax audit is a serious event with potentially far-reaching consequences for a nonprofit. The IRS audits organizations for a wide variety of [...]
A merger of two organizations is a complicated process, involving changes at every level. Nonprofits sometimes choose to merge to improve efficiencies, expand access to fundraising sources, or [...]
Federal and state law provide churches with numerous exemptions and exceptions to taxes of various kinds. Many tax advantages apply automatically, while others may require some paperwork. All of [...]
From time to time nonprofits need to cut ties with an executive level employee. Although the hope is always that employees will keep the best interests of the organization in mind at all times, [...]
Speculation about when the next recession will hit has become a cottage industry in the media. No one can say for sure when the next financial downturn will come, but veterans of the nonprofit [...]
For a variety of reasons, most directors of nonprofits do their work on a voluntary basis. As a volunteer, a nonprofit’s director can set an example for the community by donating time and energy [...]
The resignation of nonprofit’s executive director can be an opportunity to bring fresh insights and talents to the organization’s leadership team. At the same time, an organization that is [...]
The laws of the United States provide several avenues for organizations to promote political ideas without being subject to income tax. The favorable treatment these organizations receive allows [...]
In the nonprofit world, success often leads to growth, which in turn makes running an organization more complex. Few directors have unlimited time to dedicate to running a nonprofit. [...]
Building and maintaining trusting relationships with donors is essential for every nonprofit. Even when an organization keeps a close eye on its communications with donors, whether they gave in [...]