Nonprofit Fraud: Tips for Spotting and Preventing It - "Thankfully, whether your nonprofit organization is large or small, there are steps you can take to reduce the risk of fraud and to detect it if it occurs. In fact, some of the most effective anti-fraud controls are the least expensive to implement.
This publication covers the rules for organizations that are seeking exemption from federal income tax under section 501(a) of the Internal Revenue Code and explains the procedures to follow in order to obtain the appropriate determination letter for an organization's status. (IRS)
Retention is your most important fundraising strategy, and your online donors are seriously at risk. Among all your donors, they are the least likely to renew their gifts – unless you take specific, creative steps to engage and thank them. This webinar will help you discover how to maximize the retention rates of your digital donors. We will examine the attributes of online donors, and outline the retention strategies that work best for this slice of your donor database.
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Donation of Intellectual Property: What Does it Look Like? - A four part series explaining the ends and outs of valuation and tax deductibility of donated intellectual property, e.g. copyrighted materials such as artwork, music compositions, software, etc. (Planned Giving Design Center, 2015)
Instructions for IRS Form 1099-MISC and 1099-NEC, used in reporting Miscellaneous Income and Nonemployee Compensation. (IRS)
Indicators of Financial Crisis - "We all know that a stressed organization operating with the best of intentions can still make ill-advised decisions, especially in the financial arena – and the results can be damaging. We also know that sometimes seeing a financial crisis is difficult. We want to make it easier so you can recover faster. And we want you to see the challenges before you end up in crisis." (The Foraker Group)
Implementing Your Backup Strategy- "Ensuring that your critical data is backed up regularly is essential for keeping your organization up and running, no matter what happens. This article will help you implement an effective backup strategy, with tips on what to back up, and how to choose local and remote backup solutions." (TechSoup Global)
Comprehensive fiscal sponsorship is also known as "Model A" or "direct project" sponsorship and refers to situations where an individual or loose group of individuals approaches the sponsor to become the sponsor's employee or volunteer. (See Fiscal Sponsorship Models Summary to compare other models.)
This sample statement defines self-dealing transactions and describes the appropriate approval process and why prohibition of private inurement is important for all organizations.
Sample Statement for Self-Dealing Transactions
Employer's Supplemental Tax Guide (Publication 15-A) offers guidance on classification of employees, compensation, tax withholding, and related matters. (IRS)