Regaining your tax-exempt status if you failed to file Form 990

Jul 27, 2020 | Nonprofits

There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and campaign activities, receiving excessive unrelated business income and allowing board members to financially benefit from their positions. But...

Donor care during the COVID-19 pandemic

Apr 17, 2020 | Nonprofits

One of the many challenges of operating a not-for-profit organization during the coronavirus (COVID-19) pandemic is that just when you desperately need financial support, many donors are unable to help. Widespread unemployment, stock market volatility and general...

CARES Act offers new hope for cash-strapped nonprofits

Apr 3, 2020 | Nonprofits

On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. How is this massive $2 trillion recovery package poised to help your not-for-profit organization? It depends on your group’s size, financial condition, and other factors....

What COVID-19 legislation means for nonprofits and their staffers

Apr 3, 2020 | Nonprofits

Whether your not-for-profit is newly deluged with demand for services or you’ve closed doors temporarily, it’s important to keep up with legislation responding to the coronavirus (COVID-19) crisis. On March 18, the Families First Coronavirus Response Act was signed...

Conflict-of-interest policies are too important to neglect

Jan 27, 2020 | Nonprofits

Does your not-for-profit organization have a conflict-of-interest policy in place? Do your board members, trustees and key employees understand how the policy affects them? If you answer “no” to either (or both) of these questions, you have some work to do. A duty...

Protecting youth sports leagues from fraud

Nov 4, 2019 | Nonprofits

Who would defraud a kids’ organization? The answer, unfortunately, is that trusted adults sometimes steal from not-for-profits benefiting children. Youth sports leagues and teams are ripe for fraud. Cash transactions are common, and coaches and board members usually...