Outside Resource

  • IRS Online Course on Tax-Exempt Status

    This IRS video course explains eligibility, the benefits of exemption, and how to apply for nonprofit tax status, and an interactive Form 1023 to help you fill out the application. (IRS.gov)

     

     

  • Exemption for Certain Employees Under the Fair Labor Standards Act

    Fact Sheet #17A: Exemption for Executive, Administrative, Professional, Computer & Outside Sales Employees Under the Fair Labor Standards Act - "The FLSA requires that most employees in the United States be paid at least the federal minimum wage for all hours worked and overtime pay at time and one-half the regular rate of pay for all hours worked over 40 hours in a workweek. [...] Job titles do not determine exempt status.

  • Drafting a Memorandum of Understanding

    A memorandum of understanding (MOU) often lacks the needed detail to resolve misunderstandings between a nonprofit and another party. In MOUs versus Contracts, the author suggests ways to approach contracts that are socially agreeable as well as mitigiate legal risk. (Charity Lawyer)

  • Donation of Intellectual Property: What Does it Look Like?

    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

    Instructions for IRS Form 1099-MISC and 1099-NEC, used in reporting Miscellaneous Income and Nonemployee Compensation. (IRS)

  • Indicators of Financial Crisis

    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

    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)

  • Guidelines for Comprehensive Fiscal Sponsorship

    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.)

  • Business Move Checklist and Coordination Tasks

    Business Move Checklist is a thorough checklist of everything you need to do to move your organization to a new location or facility, starting three months out from the move date. (Hughes Marino)

  • Managing the Risk of Insider Theft

    Managing the Risk of Insider Theft - One of the most difficult risks to assess and address in a nonprofit is the possibility of theft of financial and other assets by insiders—the people the nonprofit depends on to achieve its mission. One starting point for preventing workplace theft is understanding why and how people steal from their employers. (Nonprofit Risk Management Center)

     

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