As a California 501(c)(3) tax-exempt nonprofit organization, you will have ongoing filing requirements. Here is a breakdown of the federal and California nonprofit filing requirements: Read more
A common misconception is that 501(c)(3) tax-exempt nonprofit organizations cannot engage in legislative advocacy, or lobbying. While nonprofit lobbying laws strictly prohibit tax-exempt nonprofit organizations from supporting or contributing to a political candidate, they do not entirely prohibit them from lobbying. Read more
Nonprofit organizations are finding it more and more challenging to access much needed capital to carry out their mission-related activities. With increasing competition for a decreasing supply of grants from institutions and the government, nonprofits have had to get creative by turning to alternative sources of funding, including crowd source funding among others. You may have asked yourself, “can nonprofits sell products?” Yes, but with some restrictions!
One often overlooked method to build a sustainable nonprofit is by generating income through the sale of goods or services. Unfortunately, many nonprofits rule out this source of capital because they mistakenly believe that nonprofits must rely solely on grants and donations. Read more
Crowd source funding, or crowdfunding, is an innovative method for businesses and organizations to raise small amounts of money from a large base of individuals. Crowdfunding is particularly helpful for nonprofit organizations, as it allows them to carry out their programmatic activities without being heavily reliant on donations and grants from wealthy individuals, institutions, and the government, while at the same time engaging members of the community. But nonprofit entrepreneurs are well advised to pay close attention to nonprofit crowdfunding laws of different states. Read more