Planning is Key to Effectiveness
You got to be careful if you don’t know where you’re going, because you might not get there. – Yogi Berra Imagine a scene with me…You are on a plane and you strike up a conversation with the person seated…
Nonprofits Must Navigate Stormy Economic Waters
Reading the headlines these days is enough to give anyone heartburn. Just yesterday the stock market posted its largest drop since early 2009. The odds that a double dip recession may be around the corner are rising and most Americans…
IRS Releases Guidance for Tax Exemption Reinstatement
As you are likely aware, the IRS finally released its long-delayed Nonfiler Revocation List last week. On it were the names of 275,000 nonprofits that had their 501(c) status revoked (see previous post). There has been some confusion and some…
275,000 Nonprofits Lose Tax Exempt Status
Well, it’s official. We’ve known this day was coming since the Pension Protection Act was passed into law in almost 5 years ago. On the afternoon of June 8, 2011, the IRS released the initial list of nonprofits that have…
Why People Hate Nonprofit Board Service
Tonight, the stakeholders (parents) of my daughter’s school will be voting to approve the list of new board members to replace those who are rolling off at the end of the school year. I am on the new member list,…
10 Business Essentials for Nonprofits
It often seems that when otherwise business-savvy individuals become involved in a nonprofit organization, they set aside all they ever learned in business and proceed to operate their nonprofit as if business rules do not matter. As most soon find…
IRS To Publish Revocations of Tax Exemption
The day some nonprofits have dreaded is coming soon. The IRS announced on February 24, 2011 that it will soon publish the list of 501(c) nonprofit organizations that had their tax exemption automatically revoked for nonfiling of Form 990 information…
Thoughts on Nonprofit Leadership Part II
This is installment #2 in our ongoing series on leadership. Our first installment was more of an introduction. In this post, we are going to explore the concept of governance vs. management. Governance and management: For many, these are interchangeable…
Thoughts On Nonprofit Leadership (Part I)
The word “leader” conjures up a variety of images: your old Little League coach, a military general, your boss…even the president of the United States. Regardless of who (or what) comes to mind, there is the common thread of someone…
IRS News for Nonprofits
It’s the beginning of another new year. And along with everything else that comes with a flip of the calendar, the IRS has several things up its sleeve for nonprofits in 2011. Let’s take a look two of the most…