Nonprofits
See how your mission can thrive as a nonprofit. Get tips on starting and structuring your organization, filing annual reports, and more.
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Can a Nonprofit Have a For-Profit Division? Key Facts and Compliance Tips
A nonprofit can legally create a for-profit division or subsidiary, but it must follow strict IRS regulations to maintain its tax-exempt status.
· 6 min read
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How to Create a Nonprofit Annual Report for Your Organization
An NPO annual report can build trust, demonstrate impact, and motivate engagement with your cause. Learn the key parts of an effective annual report.
· 12 min read
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How to Open a Nonprofit Bank Account
Learn how to open and manage a nonprofit bank account so you can keep your finances organized, build donor trust, and support your mission.
· 6 min read
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501(c)(3) vs. 501(c)(4): What's the Difference?
The differences between a 501(c)(3) and a 501(c)(4) include purpose, eligibility for tax deductions, and ability to participate in political activities.
· 7 min read
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Nonprofits: Unincorporated vs. Incorporated
If you've formed an unincorporated association for the purpose of doing public good, incorporating as a nonprofit corporation or applying for IRS tax-exempt status might be a good idea.
· 4 min read
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How to Start a Nonprofit in Florida
Forming a nonprofit organization in Florida can be a complex and time-consuming process. Learn the procedures for forming a nonprofit and securing both state and federal tax-exempt status.
· 4 min read
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What Is a 501(c)(6)?
Charitable organizations are probably the best known of the IRS's 501(c) tax-exempt statuses, but entities such as business leagues and professional associations may qualify for tax-exempt status despite not having a charitable purpose.
· 3 min read
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How to Start a Nonprofit
Starting a successful nonprofit requires a clear mission, doing your research, and preparing a solid business plan.
· 15 min read
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What Is an L3C? (Low-Profit Limited Liability Company)
Forming an L3C may be a good alternative to forming a nonprofit, but carefully consider its risks and limitations, and be sure the L3C structure is available in your state.
· 3 min read
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Rules for Accepting Donations as a Nonprofit Organization
Ensuring that contributions to your nonprofit qualify as 501(c)(3) donations is essential. Know your charitable purpose, stick to it, and offer complete written acknowledgments to keep those gifts coming.
· 3 min read
