Tag Archives: tax-exempt organizations

nonprofit resolutions

A New Year’s Resolution for Your Non-Profit?

You worked hard to get your 501(c)(3) determination from the IRS. Now you need to keep it. Here are the basic Ten Commandments for staying exempt.

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contracts

Can’t We Skip the Contract?

Our nonprofit wants to collaborate with another organization on an event. We trust each other and have agreed on who’s doing what. Can we skip the contract?

If you care about the success of your collaboration, then take it seriously. Make use of the trust between you to clarify the work you plan to do together, ownership and use of materials, financial commitments, and the possibility of things not working out. These items, put together in writing, are essentially a contract. So, yes — you need one. Here’s why.

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