If your non-profit consistently faces staffing shortages, you might decide to enlist the assistance of independent contractors or freelancers to alleviate the workload. If this is the case for your
If your non-profit is considering international expansion in 2024, be cautious. The rules for non-profit activities in the United States, like asking for donations, finding members, hiring workers, and selling
Sponsorship and advertising dollars can provide a real boost to your non-profit’s income. However, if a ‘substantial benefit’ is received by sponsors or advertisers or if providing benefits isn’t a
As December 31 nears, your non-profit is likely immersed in the final stages of year-end fundraising. This is because individuals who itemize their deductions can claim eligible charitable contributions on
Contrary to numerous forecasts, U.S. employers have consistently expanded their workforce, maintaining a low unemployment rate of 3.7% as of November 2023, according to the Bureau of Labor Statistics. If
Charlotte believed she knew everything about overseeing a non-profit community hospital. To her surprise, the CEO was taken aback when the IRS reached out to her hospital regarding the potential
Non-profit organizations, including trade associations and chambers of commerce, typically meet the criteria for tax exemption under Section 501(c)(6) of the Internal Revenue Code rather than Section 501(c)(3). These entities,
If you believe the documented minutes of your non-profit’s board meetings are merely a formality, think again. These minutes can become crucial documents, especially in situations such as an IRS
Higher interest rates and stringent lending criteria pose challenges for even for-profit organizations seeking approval for bank loans. So, non-profit organizations, often lacking sufficient collateral or consistent cash flow, encounter
While most established non-profits are equipped to solicit and accept planned gifts, your non-profit may be new to planned giving and doesn’t yet understand the long-term advantages of deferred gifts.
