Foundation Group, the nation’s leading provider of nonprofit formation and compliance services, has announced the launch of GroupSync™ — a new group tax exemption service pairing expert compliance guidance with a management platform to help central organizations navigate the IRS’s…
If you have experience in the for-profit world, you have likely heard the common advice that you should incorporate a new business in the state of Delaware. More than 60% of Fortune 500 companies are incorporated in Delaware. There are…
Running a highly effective nonprofit organization is no small feat. The mission-driven focus of nonprofits places a high demand on resources, time, and energy. However, in the process of making a difference, many nonprofits find themselves grappling with compliance issues…
Nonprofit executive compensation is at the top of the list of IRS hot button issues. In recent years, the IRS has been ramping up its oversight and enforcement of nonprofit executive compensation. With all the rancor surrounding executive perks and bonuses…
When it comes to staying compliant with state regulations governing fundraising, it’s pretty safe to say you want to do things the right way. And, if you are fundraising in multiple states, you will want to comply with the registration…
This article was provided by Double the Donation. Starting a new charitable organization is an incredibly exciting journey, but it’s also highly overwhelming for forward-thinking leaders. Founders must navigate complex legal rules, strict government regulations, and operational setups before they…
So, you’re planning on starting a new nonprofit sometime soon. Maybe you’ve heard something about incorporating, but you don’t fully understand what that means. Or, someone told you to form an LLC instead. There’s a lot of misinformation and misunderstanding…
This article was provided by Brightmont Academy. Fundraising has always been about bringing people together around a shared purpose. However, with the growing popularity of fully online events, many organizations are wondering how digital engagement fits into their long-term fundraising…
One of the assumptions that we run into a lot in the course of our work is the idea that, for tax purposes, churches and ministries are essentially the same category of nonprofit. Turns out, that’s not exactly how it…
The concept of who owns a nonprofit organization can be hard for some to grasp, especially given that the answer is, “No one!” We encounter this confusion with new clients on a fairly regular basis. And, given people’s understanding of how basic…