Blue Avocado

JULY 15, 2025

In “IRS Speak,” the 990 Form is the annual reporting tax return document required to be filed by all federally tax-exempt organizations. Does your state require any additional documentation to file your 990? Below are the answers to common 990-related questions: What is a 990? Do I have to file with my state? When is your 990 due?

Liability

Blackbaud

NOVEMBER 5, 2024

Let’s take a closer look at each of these documents and how your nonprofit can compile them. This document subtracts total expenses from total revenue to let you know if your organization is bringing in more money than it is spending. Four Main Financial Statements for Nonprofits 1.

Liability

The Fundraising Coach

APRIL 14, 2025

If youre just getting started with nonprofit accounting, one of the most straightforward entry points is to learn about some of the key documents involved in this process. Liabilities (account numbers beginning with 2000): Everything your nonprofit owes, including debt, deferred revenue, and accounts payable. should have input on.

Liability

Planned Giving

NOVEMBER 2, 2023

This document is written to explain charitable gifts to donors, but it is helpful to enlighten nonprofits on the burden of reporting unusual major gifts legally too. Referring to the IRS fair market value guidelines document above, as this is an authoritative, frequently updated source. A gift acceptance policy is no different.

Policy

GrantNews

JULY 19, 2024

Navigating the tax framework supporting grant money requires careful consideration to ensure compliance with IRS regulations and avoid potential tax liabilities. Reporting Requirements When grant money is taxable, the grantor typically issues a Form 1099-G or similar documentation to report the amount received.

Grants

Get Fully Funded

MAY 4, 2021

Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Also share with volunteers about the Volunteer Protection Act , which protects volunteers from liability in cases of ordinary negligence. Is there a liability release everyone must sign? Is orientation required?

Policy

Tech Soup

MARCH 30, 2015

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

Liability

Blackbaud

SEPTEMBER 19, 2024

Below, we provide more detail about this document and why it plays such a key role in successful financial management. Without a clear Statement of Cash Flows, a nonprofit organization may not be maximizing its resources or identifying areas of opportunity or concern. How Do Organizations Use the Statement of Cash Flows?

Finance

Planned Giving

NOVEMBER 14, 2023

Some fear there may be liability issues. They gather important financial documents, type in their relevant information, and voila! … Every online will maker works in essentially the same way to prepare a valid will — they have to, because they’re producing a legal document. the system generates a will.

Nonprofit

GrantNews

MAY 8, 2024

Cost of Incorporation& Tax-Exempt Status Every nonprofit startup must file a legal document known as the articles of incorporation with their state to begin the process. Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. The cost usually runs from $200-$300 a month.

Insurance

Get Fully Funded

AUGUST 16, 2024

While maximized fundraising seems like the solution, the truth is that it takes responsible allocation of your resources to make sure every dollar is used wisely—and this starts with effective documentation. Most COAs are organized into five categories: assets, liability, net assets, revenue, and expense accounts.

Liability

Blackbaud

SEPTEMBER 7, 2024

For nonprofit entities, this summary document is a tool to assess their financial standing and make informed decisions on how to further their mission in the coming months or years. The short answer: they are functionally the same. Summary FAQs What are Common Statement of Activities Mistakes?

Professional Services

Get Fully Funded

MARCH 16, 2023

To protect your organization from legal liabilities, you can incorporate online waivers into this process. Waivers are intended to protect the organization from potential risks and liabilities they could incur if a participant gets injured during the event, for example.

Fundraising

Tech Soup

JANUARY 30, 2014

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

IT

Big Fundraising Ideas

SEPTEMBER 24, 2024

Navigating Liability: Top Digital Waiver Tips for Schools Fundraising is necessary for the vast majority of schools-but that doesn’t mean that it can’t be fun and exciting. When signed, waivers show that the participant has acknowledged any risks and agreed to release the provider from liability for damages.

Liability

Tech Soup

JANUARY 30, 2014

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. Limitations of Liability. Winner Determination.

IT

Red Tape Busters

JULY 11, 2023

Generally, a Grant Writers’ kit simply represents a single place to access all the information and documents that are typically requested when grant writing. They are documents that may only change annually (financials) or not at all (company registration records).

Insurance

Tech Soup

APRIL 16, 2014

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

Liability

Just Write Grants

SEPTEMBER 6, 2023

Balance Sheet : Provides a quick overview of the nonprofit's financial position at a specific point in time, detailing its assets (what it owns), liabilities (what it owes), and equity (the net assets or funds available to the organization). Liabilities) These are amounts the nonprofit must pay, either now or in the future.

Finance

Get Fully Funded

MARCH 20, 2023

Printing/postage Fundraising expenses Phone/internet Marketing expenses (graphic design, advertising) Professional development (training and conferences) Memberships, affiliations (dues & subscriptions) Travel/mileage/parking Insurance (liability for the facility, errors and omissions for Board, worker’s comp, etc.)

Budget

Blue Avocado

FEBRUARY 13, 2024

Prior to the Good Samaritan Act, many corporations felt they could face liability for donating food, and people who salvaged it without documented donation could face prosecution. Beyond knowing about laws, the GSA (and other laws like it) is also a testament to the political power of nonprofits.

Lobbying

Red Tape Busters

NOVEMBER 1, 2023

Ignoring the Fine Print – Hidden Pitfalls Tender documents are often lengthy and packed with information. For instance, when tender writers fail to thoroughly review insurance requirements, penalty clauses, or dispute resolution processes, it can leave their organisation vulnerable to unexpected liabilities.

Contracts

Planned Giving

FEBRUARY 18, 2025

A DIY will, or do-it-yourself will, is a legally binding document that you create independently, without the direct involvement of an estate attorney. In such cases, professional legal advice is recommended to ensure all aspects of your estate are adequately addressed and to minimize tax liabilities.

Pass-Through

Tech Soup

JULY 1, 2014

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

Liability

Tech Soup

OCTOBER 7, 2014

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

Liability

Tech Soup

JANUARY 8, 2013

Of course we’ll use mobiles more and more, but for heads-down work on longer documents, spreadsheets, presentations, serious data base projects, graphic design, and anything else that involves looking at a screen for hours at a time and using a proper keyboard – I’ll be keeping my laptop and will be glad to have it.

Nonprofit

Get Fully Funded

JANUARY 16, 2024

Budgeting Your nonprofit’s annual budget is a key financial planning document that guides your organization’s spending and fundraising efforts. Make sure the document can easily be updated as your nonprofit grows—you may eventually need more involved procedures for handling different types of funding. Statement of financial position.

Policy

Get Fully Funded

FEBRUARY 20, 2023

Every nonprofit has a Board of Directors. Yet most people don’t understand exactly what the Board’s job is. And this is a problem. You see, it means that hundreds of people are sitting on nonprofit Boards and have NO IDEA what they said “yes” to. It’s surprising. And concerning.

Strategic Plan

Tech Soup

JANUARY 13, 2015

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

Liability

Allied Grant Writers

OCTOBER 19, 2021

Secure and prepare your documents. File these documents. This is to protect both the board and staff from legal liabilities. Since application papers are important legal documents, it will be wise to get the help of a seasoned attorney. This is for proper identification of your group when tax documents are filed.

Grant Writing

Allied Grant Writers

OCTOBER 19, 2021

Secure and prepare your documents. File these documents. This is to protect both the board and staff from legal liabilities. Since application papers are important legal documents, it will be wise to get the help of a seasoned attorney. This is for proper identification of your group when tax documents are filed.

Grant Writing

Get Fully Funded

JUNE 29, 2021

So work with an insurer or an insurance broker to understand the coverage you need to best protect your organization and its liability. Some people in the nonprofit sector even think of the Form 990 as a marketing document, another way to share your organization’s good work. There’s always that possibility.

Policies Procedures

Tech Soup

MARCH 30, 2015

The individual or group must also agree to sign and return, upon request of Sponsor, any assignments, releases or other documents that Sponsor may require so as to perfect, effect or record such grant of rights in submission. b) Limitations of Liability. Winner Determination.

Liability

Greater Giving

DECEMBER 19, 2023

Essentially, this term refers to the process of pulling your documented financial data and communicating it to stakeholders. Also called a balance sheet, this statement lists your nonprofit’s assets, liabilities, and net assets to provide a snapshot of your organization’s financial health. Statement of financial position.

Nonprofit

Tech Soup

MARCH 15, 2017

The person posting (on behalf of him/herself and/or the posting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith. b) Limitations of Liability.

Liability

GiveSmart

MARCH 21, 2024

Along with permits and licenses, consider getting event insurance , which offers liability protection if someone gets hurt or damages the venue’s property. If your event includes alcohol, make sure your plan covers liquor liability claims, as many basic plans exclude coverage when alcohol is sold due to increased risk.

Budget

Qgiv

AUGUST 10, 2022

It’s meant for them to take the reports they see, the minutes they review, and the documents they sign very seriously. You should introduce them to any policy documents, such as conflict of interest policies. This is also a good time to discuss liability issues and your board liability insurance (which you have, of course.)

Finance