Monthly Archives: April 2017

Creating An Operating Reserve

By | 2017-04-21T12:32:32+00:00 April 13th, 2017|Nonprofit, Saving|

Consider the consequences for your nonprofit if an unexpected event were to deplete your cash on hand. You could be forced to divert funds from essential programs to cover the shortfall. When cash flow is tight or funds are needed due to unforeseen circumstances, an operating reserve fund can help sustain your organization. Building Reserves [...]

Boosting Morale: A Win-Win

By | 2017-04-21T12:32:45+00:00 April 13th, 2017|Morale, Nonprofit|

When resources are limited and demand for services is high, it’s no surprise that workers at nonprofits may feel stressed and discouraged. If left unchecked, low morale can make fulfilling your mission a lot more difficult. You may be able to turn things around at your organization with these morale-boosting ideas. Cultivate Mutual Respect A [...]

Moving Day

By | 2017-04-21T12:32:56+00:00 April 13th, 2017|Moving, Nonprofit, Tips|

Moving can be a chore, but planning ahead may minimize disruptions and downtime. Don’t Keep It a Secret As soon as possible, notify your donors, vendors, suppliers, constituents, and any other individuals or businesses that come in contact with your nonprofit that you’re relocating. Send email messages, mail out postcards, and put up signs at [...]

Vehicle Donations: Helping Your Cause

By | 2017-04-21T12:42:25+00:00 April 13th, 2017|Donation, Nonprofit, Vehicle|

Not-for-profit organizations typically engage in a variety of fundraising activities to support their programs and further their tax-exempt purpose. One activity that often resonates with charities and donors alike is the sale of donated vehicles. If your organization currently has or is considering a vehicle donation program, following IRS rules can keep your program running [...]

Protect Your Tax Exemption

By | 2017-04-21T12:42:44+00:00 April 13th, 2017|Exempt, Nonprofit, TAX, Tax Services|

Charities that conduct vehicle donation programs may jeopardize their tax-exempt status by operating the program in a manner that improperly benefits private parties. Generally, a charity’s tax-exempt status won’t be affected if it does any of the following with donated vehicles: Sells the donated cars and uses the proceeds exclusively to fund its charitable programs [...]

Telling Your Story With Form 990

By | 2017-04-21T12:43:02+00:00 April 13th, 2017|IRS, Nonprofit, TAX, Tax Services|

Attracting and retaining donors can be among the more challenging tasks for your nonprofit organization. So you’ll want to take every opportunity to help potential supporters recognize the value of your mission. IRS Form 990, Return of Organization Exempt From Income Tax, offers a convenient vehicle for getting your story out. The Internal Revenue Code [...]