What Is IRS Form 990-N?
As we established in our Form 990 overview post, there are 5 versions of IRS Form 990, one or more of which is required to be filed annually by every 501(c) organization. Form 990-N, the shortest version and the one required…
An Overview of IRS Form 990
Wouldn’t it be great if your nonprofit never had to think about the IRS again, once they approved your 501(c)(3) status, that is? Well, as you can imagine, that simply isn’t the case. Nor should it be, truthfully. As it is, the…
Reader Question – Proxy Voting at Annual Meeting
Jo asks: Can person(s) have a proxy for an Annual Congregational meeting when voting on the annual church budget? Are there any guidelines of when it is permissible to have a proxy if you cannot attend a meeting because of…
Reader Question – Replacing Nonprofit Board Members Who Quit
Maryann asks: We are a board of directors of a +55 nonprofit adult community. We have had multiple board members quit and are down to the President & Vice-President. With only two sitting on the board, how do we make…
Reader Question – Nonprofit Board Not Following Bylaws
Angela asks: What happens when you have a nonprofit foundation that does not follow their own bylaws, does not vote on anything, and board members are added and deleted at the whim of the President with no votes on anything…
Reader Question – Commission for President’s Fundraising
Lori asks: I’m head of a board for a 501(c)(3) where the only employee is also the president and founder of the organization. Her salary is currently 20 percent of our budget and she is asking for a large increase…
The Basics of Donor Management: 7 Strategies to Succeed
Guest Post by Sr. Director of Customer Acquisition at Kindful:
States Increasingly Say That All Revenue Sources Constitute a Solicitation
Nonprofit compliance can be complicated business. That’s been true for as long as there has been a Section 501(c)(3) in the US tax code. That complexity has only gotten more burdensome since the states have stepped up their solicitation registration…
Operating a Nonprofit in Multiple States
If an organization is planning to conduct any type of activity outside its incorporated state, certain measures need to be taken to maintain state-level compliance. An organization must have a clear understanding of what it is planning so it can…
Importance of Nonprofit Board Meeting Minutes
We get a lot of questions from our clients about their organizations’ meeting minutes. Our exemption specialists often give advice on questions like “When should we record meeting minutes?” and “Why are meeting minutes so important?” There is great importance…