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The 10 roles and responsibilities of a nonprofit Board of Directors

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Every nonprofit has a Board of Directors. Some Executive Directors are a little unsure what their Board should be doing, but they’re pretty sure it’s more than what they’re doing now! Let’s look at the 10 basic roles and responsibilities of a nonprofit Board of Directors. And this is a problem. It’s surprising. And concerning.

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

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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! and others.

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How to Start a Nonprofit: 12 Essential Steps for Success

Bloomerang

What questions should you ask before starting a nonprofit? Before taking the steps to start a nonprofit, ask yourself these questions: What need or problem will the nonprofit address? For example, different states have different processes for filing articles of incorporation and the fees required.

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How to Minimize Risk Throughout Your Grant Cycle

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Depending on how your application is set up, you can add an open-ended question or discuss it during a follow-up conversation. Here are some questions you can ask potential grantees, either as part of the application or as a follow-up conversation: Who at your organization can approve grant spending?

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The New Nonprofit Checklist: From Finances to Management

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This checklist is a great starting point, and don’t be afraid to reach out to an expert like a nonprofit accountant for help or answers to any questions that arise. A good mission statement is specific and answers the following questions: Who does this nonprofit serve? Appointing your board of directors. Why does it serve them?

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The 990: From Compliance to Communication 

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All Form 990s had been released as TIFF image files making it both time-consuming and expensive to extract useful data from them. As a result of these efforts, coupled with legal actions, in 2019, the IRS began mandating the electronic filing of all 990s as open data. Richards, Executive Director of the James F. and Marion L.

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Volunteer Management 101: A Guide to Online Waivers

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Not only is the amount of paper they generate cumbersome for your staff to file and organize, but paper waivers make it difficult to find specific files if an incident does occur. Some of the benefits of using online waivers include: Waivers are stored electronically rather than in cluttered physical files.