Most exempt organizations are required to file an annual tax return with the IRS.
Unlike the deadline for individual tax returns, which is the same for everyone, your organization’s filing deadline is the 15th day of the fifth month following the end of your fiscal year. So, if your organization’s fiscal year is the same as the calendar year and ends on December 31,…
Even though we’re only four years in, this has been a rough decade for nonprofit organizations. Despite the bump of hope we saw during the pandemic, charitable giving to nonprofit organizations in all sectors continues to decline. This has resulted in the inevitable handwringing, nail-biting, and flurry of “beyond hope”…
The board president (or in some organizations, board chair) plays a large role in the success of any nonprofit organization. The president manages the board and its committees and sets the tone for the culture of the board. As the bridge between the board and chief executive, the president works closely with the organization’s chief executive. Additionally, the president may interact with…
For me, like so many others, Labor Day weekend signals the transition to fall. I often spend the three-day weekend wrapping up the procrastinated summer household and garden tasks to clear my docket for the fall list of house and garden projects that I’ll endeavor to complete before the snow flies. Each year, I promise myself that I’ll do a better job of staying on top of things in the weeks…
The quality of our questions determines the usefulness of the answers. Right now, we aren’t asking the right questions. This is understandable—we are still imagining that this pandemic is a tunnel that we need to ‘get through’ and once we do, things will return to “normal.” This may sound harsh, but we aren’t going back. Too much has happened. We know too much. We can’t unlearn what we…
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