Recent Articles

Non-Profit Organization

A loosely used term that is generally accepted as a 501(c)3 type of organization. Many organization are non-profit but not necessarily tax exempt or are allowed to receive tax deductible gifts.

Form 990 – Return of Organization Exempt from Income Tax

07/29/2013

Section 6033 of the Internal Revenue Code requires tax exempt organizations to file an annual report.  Form 990 fulfills this requirement.  Many citizens utilize the information from Form 990 to evaluate the non-profit organization they donate to [...]

What is an Audit?

03/07/2013

An audit is defined as a methodical examination.  Audits are grouped into two principal sets – financial and organizational compliance (usually related to licensure).  For the small business entrepreneur, it is almost unheard of for them to have [...]

Fundraising with Bowling – An Effective Event

01/16/2013

Raising money while having a good time as a charity can be a challenge.  The primary goal of any charity event is to have a good time and remind the participants of the mission of the organization.  The secondary goal is to raise money.  Bowling [...]

The 501(c)3 Organization

12/12/2012

I have had many clients come to me to ask how they could start a non-profit organization.  The main purpose of starting a nonprofit is to gain the contribution advantage the Internal Revenue Service (IRS) provides.  Why do you need the IRS to [...]