Not-For-Profit Organizations have a number of options when it comes to generating revenue, but fundraising is generally the easiest. Making sure the organization is properly accounting for special event fundraising revenues and expenses is an important step in planning your next event! Learn more.
An active and engaged board is important in safeguarding charitable assets and furthering an organization’s mission. The treasurer and finance committee performing a monthly review of the organization’s finances is vital in keeping the board informed. Learn more by reading the full article.
Volunteers often accrue substantial expenses, which can have a negative affect on volunteer retention and recruitment. Many non-profits promote tax deductions to entice new donors, but does your organization use volunteer-related tax deductions to recruit and retain volunteers? Find out more.
There are important nonprofit deadlines to remember for organizations with a year-end of December 31, 2023. Read more for a complete list of due dates.
Numerous reputable charities embrace various kinds of assets or property (e.g., clothing, household appliances, furniture, artworks, and etc.) to support their charitable mission. The non-cash charitable contributions, however, must satisfy rigorous substantiation criteria to qualify for the deduction. Read more.
An exempt organization is required to file Form 990-T when it has $1,000 or more gross income from unrelated business. An organization must pay estimated tax if it expects its tax for the year to be $500 or more. Read the full article to learn more.
Whether or not nonprofit organizations can refund a donor’s contribution, however, depends on the size of the gift, the state’s regulations, and the impact of returning the gift. Learn more.
There are deadlines that may be applicable to nonprofit organizations with a year-end of June 30, 2023. Read more about deadlines to remember.
Does your nonprofit organization think it may be time to purchase customer relationship management software (CRM) to streamline and organize operations? If so, click to keep reading for additional information!
The filing requirements for nonprofits can vary greatly depending on the state in which the non-profit resides. In North Carolina, the obligations aren’t as extensive as some other states. Find out more.
