In one of our recent articles, we discussed the importance of having a strong organizational structure and the role of a board of directors within a nonprofit organization. That article will give you a general introduction to the various pieces of…
If your nonprofit is in the midst of shopping for new accounting software, here are a few tips to keep in mind for a pain-free switch. Selecting the right nonprofit accounting system: Accounting software is not one size fits all, so…
All you want for Christmas is… accounting software made for nonprofits. You may be one of the many nonprofits spending the holiday season shopping for better accounting software for your nonprofit. Foundation Group is pleased to announce that we are…
The Internal Revenue Service has issued new guidance (in the form of Revenue Procedure 2014-11) for small nonprofits looking to regain lost tax-exemption. The process outlined in the Rev. Proc. significantly changes the reinstatement process…mostly for the better. Under the…
Just this morning the CEOs of Guidestar, Charity Navigator and BBB Wise Giving Alliance released a co-signed letter calling for an end to what they call “The Overhead Myth”. This marks the first time the three leading nonprofit information providers…
Does your nonprofit need a better website? Or maybe you don’t have one at all, but wish you did? What if someone created a way to do-it-yourself, simply, at very little cost? Interested? Then I’ve got something you need to…
We have discussed at great length the fact that all tax-exempt organizations are required to file some version of IRS Form 990 each year. As we have also discussed, failure to file a Form 990 for 3 consecutive years results…
It’s that time of year, again…time to start thinking about your nonprofit’s Form 990 filing for the 2012 tax season. It seems like we just had this conversation, doesn’t it? To help get us in the spirit of compliance, the…
File this one in the “this should be interesting” column. According to Bloomberg this morning, Senator Lisa Murkowski (R – Alaska) and Representative Walter Jones (R – North Carolina) are working with Democrats on possible legislation that would change disclosure…
This is a heads-up about a great, upcoming webinar from our friend, Sandy Rees. Sandy is teaming up with Kimberly Seitz to present, How To Engage Your Board. This 90-minute presentation will assist you in getting your board fully involved…