A sizable amount of the funding received by nonprofit organizations consists of restricted gifts meant for specific programs or projects. Many nonprofits use unrestricted operating revenue to cover the cost of managing their restricted funds, leaving the organization with insufficient unrestricted cash. These management costs, however, can often be met by the restricted fund itself. Â
While Federal tax laws are the same nationwide, state laws governing EOs can vary dramatically among the states. This article lists the most common violations by tax-exempt organizations and the agencies in charge of enforcement.
According to the National Alliance for Public Charter Schools, charter schools serve more than 3 million students throughout the nation, however, charter schools do not
Everyday nonprofits seek to change the world on what often seems to be pennies on the dollar. Nonprofit leaders commonly think of grant money and tax-deductible donations when fundraising, but in many states being a nonprofit allows certain nonprofits to legally conduct gambling activities that would otherwise be criminalized under state law. Inadvertently violating these gambling laws can have steep consequences so if your organization is planning an event that involves some form of gambling, it pays to do it right.
Forty-one states regulate charitable solicitation and require some form of registration before fundraising in the state.
Cryptocurrency is emerging as a mainstream form of currency, which opens the door to new fundraising opportunities for nonprofits. Some organizations have already begun accepting donations in
Charitable Gambling in Arizona is a popular fundraising tool. However, charitable gaming in Arizona can easily violate Arizona’s gaming laws. Nonprofit organizations can raise money
Nonprofit sponsorships are common but the correct way to provide acknowledgments for nonprofit event sponsorship is not well understood. Fundraising galas, breakfasts, golf tournaments, and
Statutes & Volunteer Protection Statutes Individuals volunteering for nonprofit organizations often wonder about the potential to be held personally liable if something goes wrong. Fortunately,
Charities that seek to maintain nationwide state charitable solicitation registration know that the various states’ laws, practices, and procedures are constantly changing. Recent changes to
Most states require you to register your organization if you solicit donations from their residents. Many states also require registration if your organization collects substantial or ongoing donations from their residents, even if you aren’t specifically targeting donors in that state. Download our comprehensive list of each state’s requirements.
Download our free guide to learn about the many elements needed to run a successful nonprofit organization, as well as how to avoid common pitfalls and mistakes.