So, you’re wondering if you should start a nonprofit. Well, you’re not alone, because that thought crosses quite a few minds. Currently, there are approximately 1.5 million nonprofits in the United States, and more and more are being added on a daily basis. No matter what your background or expertise is, you may have a …
Navigating a global pandemic and its effects on our local communities is new territory for most of us. But for nonprofits, who are uniquely positioned to help their target demographics thrive, the COVID-19 pandemic presents a unique challenge. Luckily, most nonprofit leaders, fueled by unwavering passion and a desire to do good, see this as …
A nonprofit structure comes with a lot of benefits, including the ability to receive grant funding and tax exemption. But keep in mind that while tax-exempt nonprofits may not have to pay federal taxes, they do still have a responsibility to the IRS. Each year, you will need to fill out and submit a 990, …
