Even though non-profits can’t make money in certain ways because of their tax-exempt status, you might be able to start a for-profit subsidiary that makes money without these restrictions. This
The IRS has increased its oversight of tax-exempt organizations in recent years. If a non-profit fails to file Form 990 three years in a row, they’ll lose their tax-exempt status
Mergers are typically associated with the corporate world when companies combine to expand sales territory, gain competitive advantages, and boost profits. However, merging non-profits can provide similar advantages, including greater
If your non-profit has never been asked to return a donation by a donor, it’s likely only a matter of time. While it’s uncommon, donors can change their minds. They
In just one month, a Minnesota woman was charged with skimming more than $300,000 from her animal rescue charity, a Florida man was charged with multiple felonies for running several
Does your non-profit subject its board members to term limits? If not, you may want to consider adopting this common best practice. Some board members lose enthusiasm for the job
An increasing number of U.S. workers are advocating for “pay transparency,” and non-profit employers should consider listening and proactively responding. Pay transparency is the idea that employers should openly share
If you’re seeking an affordable method to attract and retain staff members without straining your non-profit’s finances, you might want to explore the option of implementing an accountable plan. This
If most of your non-profit’s fundraising energy is focused on the holiday season and year end, it makes sense given that 26% of charitable giving to non-profits happens in December,
Few regions of the United States have remained untouched by some type of natural disaster or extreme weather this summer. While the recent focus has been rightly on wildfires, floods,
