Nonprofit Organizations Articles
BDO Nonprofit Standard Newsletter | Winter 2023
Posted by Sarah Hopkins on December 16, 2023
Take a look inside the Winter 2023 Nonprofit Standard Newsletter.
Hiring Considerations for Nonprofit Organizations
Posted by Jenna Sheehan on December 13, 2023
If your nonprofit is expanding your program offerings, you may automatically consider new hires. First, do an assessment to determine if the assignments can be performed by volunteers or passed to current staffers, and ultimately consider if you can afford these new employees.
Does Your Nonprofit Pass the Commercial Doctrine Test
Posted by Jill Johnson on December 06, 2023
Is your nonprofit operating more like a for-profit entity? Follow the IRS operational test to avoid putting your exempt status in jeopardy.
Exempt Status Rules of IRS Defined Business Leagues - 501(c)(6) Organizations
Posted by Robert Torella on November 29, 2023
Trade associations are defined by the IRS as ‘business leagues’. There are different rules that apply for these organizations to maintain their exempt status.
Board Meeting Minutes are Critical Documents
Posted by Amina Diallo on November 22, 2023
Nonprofit board meeting minutes are only as good as the details they contain. You’ll want to provide all necessary information without going overboard. Here are some tips to keep in mind.
Availability of Financing for Nonprofits
Posted by Cathleen Karpik on November 15, 2023
Do you have options beyond traditional bank financing to fund your nonprofit?
Nonprofits: Educate Donors About Planned Giving
Posted by Sarah Hopkins on November 08, 2023
Here we cover how your nonprofit can educate both your staff and donors on planned giving, and three most common gifting methods.
Ways to Improve Diversity of Board Members
Posted by Elizabeth Krause on November 01, 2023
A board exercise will allow you to diversify your board to better match those you serve.
Stay Informed of Key Changes Proposed to Uniform Guidance Impacting Nonprofits and Higher Education
Posted by Sarah Hopkins on October 26, 2023
The Office of Management and Budget (OMB) is proposing revisions to OMB Guidance for Grants and Agreements. These revisions would be good news for nonprofit and higher education recipients of federal financial assistance because they would reduce administrative burdens and streamline processes.
How Nonprofits Can Create For-Profit Subsidiaries
Posted by Cathleen Karpik on October 25, 2023
Nonprofits can successfully launch a for-profit subsidiary that creates an income stream without losing charity status.