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Creating Financial Transparency with Your IRS 990 Series (and Maintaining Tax Compliance)

sgEngage

With an ever-changing landscape of fundraising, economic conditions, and tactics for expanding mission-related programming, finding time for IRS tax reporting and filing 990 Series returns can be beyond challenging. Tax compliance can be an intimidating topic, so in this article, we’ll be re-framing the process.

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Five myths and misconceptions about Candid’s grant data

Candid

In service of this, in this blog, we’re highlighting five things we’ve heard about our grants data that aren’t quite accurate. tax exempt nonprofit organizations must file various Forms 990 with the Internal Revenue Service (IRS) each year. This also means clearing up mis information when we come across it.

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Solving the Challenges of Donor-Advised Funds

Allegiance Group

This makes DAFs a hot topic — and a controversial one. It’s like a 401k retirement account and comes with similar tax advantages. Philosophical Issues with DAFs Again, with a typical foundation setup, 5% of its assets must be distributed yearly to retain the special tax status. What Are DAFs, and How Do They Work?

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Tools to Grow Your Nonprofit Mission

NonProfit Hub

Tax status, donations, grants, bylaws, and boards are just a smattering of the unique variables in the voluntary sector. What’s the Risk of Starting a Nonprofit [BLOG]. Why Nonprofits Need Them [BLOG]. The Accounting Basics Every Nonprofit Team Member Should Know [BLOG]. Three Common Nonprofit Board Myths [BLOG].

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Does your nonprofit mission statement drive donations?

Candid

Candid made it easy for us to search for nonprofits that serve the homeless and have tax statements on file. We then compared that emotional polarity score with the organizations’ financial data from the 990 tax documents. appeared first on Candid Blog. My colleagues and I randomly chose 200 U.S.-based

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How to find free things: nonprofit students edition 

Candid

You can review nonprofits’ tax returns on GuideStar to find out more about their budgets, expenses, and how much top salaried employees are paid. On-demand trainings can be taken any time, with recent topics including fostering an inclusive culture , finding funding , and writing grant proposal budgets. Candid.org .

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Tools to Grow Your Nonprofit Mission

NonProfit Hub

Tax status, donations, grants, bylaws, and boards are just a smattering of the unique variables in the voluntary sector. What’s the Risk of Starting a Nonprofit [BLOG]. Why Nonprofits Need Them [BLOG]. The Accounting Basics Every Nonprofit Team Member Should Know [BLOG]. Three Common Nonprofit Board Myths [BLOG].

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