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Faster, Leaner Nonprofits


How to become a tax-exempt nonprofit organization with the IRS? A nonprofit organization is an entity that is established to advance a social cause or further a charitable purpose. The major difference between nonprofit organizations and for-profit entities is that nonprofit organizations retain their profits to advance their causes while for-profit organizations distribute their profits to [...]

Faster, Leaner Nonprofits2018-06-05T20:55:57-04:00

The Nature of Nonprofits


Nonprofits can be organizations that serve the public at-large or more specifically provide benefit exclusively to their members. Thus, state statutory provisions have been tailored by their respective legislators to provide distinct requirements for the different types of nonprofit organizations. As many states have adopted all or at least parts of the 1987 Revised Nonprofit Corporation [...]

The Nature of Nonprofits2018-06-05T20:13:45-04:00

Corporate Advantage


Is there an advantage to being a nonprofit organization? Nonprofit organizations definitely enjoy certain benefits that are distinct from for-profit entities, that could be inviting to those interested and qualified to become nonprofit. As an overview of nonprofits and their status within law and taxation, you’ll see that most nonprofits have the advantage of being exempt [...]

Corporate Advantage2018-06-05T20:20:30-04:00