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

sgEngage

And then there is your annual IRS 990 series filing deadline. 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. This couldn’t be more inaccurate!

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Digging in: who donates to the nonprofits you care about? 

Candid

How much you can find out about individual donors depends on how much information a nonprofit or donor is willing to make public. While the IRS doesn’t require public disclosure of contributions to most nonprofits, it does require disclosure of contributions to private foundations.

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Five myths and misconceptions about Candid’s grant data

Candid

tax exempt nonprofit organizations must file various Forms 990 with the Internal Revenue Service (IRS) each year. Other public information. Candid staff also scan websites, press releases, social media, and news sources for grantmaking information. In fact, only a small number of grants are web-scraped from other public sources.

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Former United Way Exec Sues For $12 Million

The NonProfit Times

A former United Way executive has filed a $12 million lawsuit against the nonprofit alleging sexual discrimination and workplace retaliation. The lawsuit was filed Wednesday in the Virginia Circuit Court for the City of Alexandria where United Way is headquartered. United Way leaders declined to comment on the lawsuit.

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Are corporations making good on their racial equity pledges?

Candid

On one hand, the IRS requires company-sponsored foundations to share details of their grantmaking via their Form 990-PF filing.[ Microsoft has also made public some of the exact amounts they’ve donated to specific organizations. Here is a brief snapshot : Three challenges in tracking progress on corporate pledges .

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Boy Scouts Of America Rebrands To Scouting America

The NonProfit Times

The rebranding is being supported by marketing and public relations agency FleishmanHillard. The New York City-based agency has worked with the BSA intermittently for years, and was reportedly brought on as agency of record, with a mandate to focus on the rebrand, in November 2023.

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4 Tips to Get Your Nonprofit Ready For Tax Season

Achieve

Throughout it all, you probably weren’t thinking about where to categorize data and how new fundraising will impact your tax forms. . Many nonprofits are so focused on the acquisition of funds during their fundraising campaigns that they forget there’s a step afterward – filing your 990 with the IRS. . You’re not alone! Even worse?

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