Tax, Legal & Compliance
Due to the lack of volunteers and a shift in government support, nonprofits may have to halt programs and readjust their goals.
Minnesota Attorney General Keith Ellison has filed a lawsuit against Minnesota nonprofit ThinkTechAct Foundation, as well as its founder/president, a board member and executive director, alleging they ran a sham nonprofit and misused nonprofit funds.
There are 99 reasons why you should care about the IRS Form 990, but let’s stick to four helpful tips and why it matters most to you.
Is your board just not getting it? If we need our board members to be more engaged, we need to engage them. Here’s a plan to do so.
In this episode of The NonProfit Voice, Amanda Cole, editor-in-chief of NonProfit PRO, is joined by Lisa Elsass, executive director of Rio Concho Retirement Community, and Lenna Kennedy, risk management consultant at Philadelphia Insurance Companies, to discuss how nonprofits can address property damage.
Fundraising events are often necessary for nonprofit organizations for several reasons. First, such events bring in much-needed funding to help carry out the organization's mission. Nonprofit fundraising also drives awareness of certain causes, and it provides a source to attract new supporters, donors and volunteers.
The IRS reminded tax-exempt organizations that many have a filing deadline of May 16, 2022.
With planned giving rising in importance, ethically executing responsibilities is a critical question that nonprofits should address.
The Employee Retention Credit (ERC) was one of the government tax incentives passed to encourage eligible employers to continue paying employees and keep their businesses running during the economic fallout of the coronavirus.
No nonprofit leader relishes the unfortunate task of ending an employee's employment — be it for performance problems, misconduct or operational reasons. It is a difficult process, and poorly handled and rushed terminations create serious risks, such as a wrongful termination claim.