Is your nonprofit tax exempt? Being a nonprofit organization doesn’t mean you are exempt from paying taxes. This post explores the criteria for tax exemption.
Accounting Software for Nonprofits
Hiring a nonprofit accountant is critical to a nonprofit’s success in fulfilling its mission. Selecting an accountant with the proper skills and understanding can be a daunting task. Before you hire your next nonprofit accountant, be sure they have the knowledge to ensure compliance and accountability.
Nonprofits sometimes get caught up with donor restrictions imposed on donations and how to use these funds to pay expenses. What is the best way to pay expenses using donor restricted funds and remain compliant? [Read more…] about Restricted Donations: Real World Answers on Expenses
Not-for-profit organizations must understand nonprofit accounting practices to avoid jeopardizing their status. What are the key ways to remain compliant? [Read more…] about Nonprofit Accounting Practices: Key Ways to Remain Compliant
Your nonprofit board is made up of passionate individuals who want the best for your organization and will do everything in their power to get you there. Having an effective decision-making board can strengthen a nonprofit in many ways. Overall, these individuals aim to ensure your organization has adequate resources to advance its mission and steer you toward a sustainable future[Read more…] about Building a High-Impact Nonprofit Board: 4 Tips for Nonprofits