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A Guide for Private Foundations: Tax Exemption and 990-PF Filing Requirements

Blue Avocado

The sheer volume of forms and documents can easily overwhelm even the most organized nonprofit. Finally, private foundations should never engage in any activity that is against the law. Alternatively, your organization may be eligible to file Form 1023-EZ , provided it meets certain requirements. Taxes aren’t a walk in the park.

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Don’t Make These Common Mistakes When Filing Your Form 990

sgEngage

Your tax-exempt status may keep you from having to file traditional tax returns, but maintaining the designation comes with its own labyrinth of forms, requirements, and deadlines. Here are nine common mistakes Nikita and her team at Tax990 see nonprofits make when filing their form 990s.

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Breaking Free: Navigating Contractual Pitfalls When Switching Nonprofit Software

Bloomerang

Depending on your location and the specifics of the contract, these actions could cross the line into breach of contract or even violate consumer protection laws. Ambiguity in contracts : If the language in your contract is vague, the law usually interprets it against the person who wrote it—in this case, the software provider.

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Class Action Denied In Blackbaud Data Breach Case

The NonProfit Times

Blackbaud “omitted this material information about the scope of the attack, and misleadingly characterized the risk of exfiltration of such sensitive donor information as hypothetical” in a required August 4, 2020 SEC filing where it stated “only that the cybercriminal removed a copy of a subset of data,” according to the federal agency.

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Treasurers of All-Volunteer Organizations: Eight Key Responsibilities

Blue Avocado

Although some AVOs have permanent locations (such as in the back room of a historical home or at the library for a Friends of the Library), many do not — and meetings and documents move from home to home as officers change. Manage the Filings Keep a calendar of filing requirements and assign responsibility.

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How to Start a Nonprofit: Complete 9-Step Guide for Success

Kindful

Filing your articles of incorporation allows you to be recognized as a business entity in your state. You should be able to find information on how to file your articles of incorporation on your secretary of state’s website. File for state tax exemptions. Incorporate your nonprofit. Create your bylaws.

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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

To mitigate risk throughout your grant cycle, you need to know your grantees through relationships and documentation, support their internal controls, and set up a process for whistleblower complaints. Mitigate Risks by Knowing Your Grantees The more you know about your grantees, the better decisions you can make.

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