Find answers here to some of the most frequently asked questions that nonprofits have about the Adffordable Care Act. (National Council of Nonprofits)
Outside Resource
The Handy Reference Guide to the Fair Labor Standards Act in addition to the guidelines on Wages and the Fair Labor Standards Act includes an overview of the FLSA and explanations of minimum wage, overtime pay, recordkeeping, and child labor. (US Department of Labor)
This article by Sonya Campion explains why engaging board members in advocacy is such an important and powerful tool to give nonprofits a voice. (The Chronicle of Philanthropy)
In the nonprofit arena, charitable solicitation licenses are a necessity for certain fundraising efforts. If you are an organization or individual that asks the public for contributions or donations to support a charitable purpose, a charitable solicitation license ("CSL") is needed, unless specifically exempt by law. As many states have laws regulating the solicitation of funds for charitable purposes, it is important to check the requirements for each state your organization operates in to ensure compliance.
"A broad economic crisis can magnify a nonprofit's pre-existing financial difficulties. Getting through such crises requires communication, transparency, and planning." (Nonprofit Finance Fund) NFF recommends these tips for sound financial planning.
An organization may be required to pay a tax on it's unrelated business income. This IRS article on Unrelated Business Income Tax provides more information on the tax and contains a link to instructions on filling out Form 990-T. (IRS)
Explore the most environmentally friendly options for disposing of used computers- is it donation or recycling? This guide will walk you through the top ten tips. (TechSoup Global)
The Tax Guide for Churches & Religious Organizations serves as a reference for the federal tax laws as they apply to churches and religious organizations and any income sources that may be subject to taxation. (IRS, 2015)
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)