Good governance is one of the most important foundations of a well-run nonprofit organization. A board is not simply a group of people who meet occasionally to approve plans or hear updates. Board mem...
Nonprofit organizations often receive favorable tax treatment, but the word "nonprofit" does not mean that every transaction is automatically free from tax. A charitable organization may be exempt fro...
Tax-exempt status does not necessarily mean that every dollar a nonprofit organization earns is exempt from federal income tax. Many nonprofits raise money through activities that go beyond traditiona...
Running a nonprofit involves more than raising money and delivering programs. The organization also has to maintain accurate financial records, meet reporting requirements, satisfy donors and grantmak...