Tips For Capturing Effective Board Meeting Minutes
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
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.
Does your non-profit’s board of directors mirror its community and clientele? Identifying if your board lacks diversity is the seemingly easy part. Determining what to do about it can prove
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