4 Steps to Receive a Salary from Your Nonprofit

Image of someone receiving a salary from another person. Both are out of frame.

4 Steps to Receive a Salary from Your Nonprofit One of the most common misconceptions about nonprofits is that nonprofit founders are unable to receive salaries. This idea is untrue! Read our blog to learn four steps to receive a salary from your nonprofit. Is it legal to pay yourself? There are thousands of nonprofits…

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Financial Paperwork is Vital for Your Nonprofit

Financial Paperwork is Vital for Your Nonprofit

Financial Paperwork is Vital for Your Nonprofit You must do a few things regarding accepting donations to protect yourself from financial liability. You’ll need to craft financial paperwork, like donor contribution statements, donor receipts, and donor agreements.  Donor Contribution Statements Technically, the IRS requires a contribution statement for donations over $250 or if you provide…

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Annual Filings You Must Complete Every Year

Annual Filings You Must Complete Every Year

Annual Filings You Must Complete Every Year A critical part of running or managing a nonprofit is ensuring that you are current with your annual filings. Although you can hire someone to handle it for you, it is good to understand the basics of what you will be filing. Read on to see the annual…

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6 Easy Ways to Recruit Volunteers

6 Easy Ways to Recruit Volunteers An important part of starting your 501c3 nonprofit will be assembling a team of volunteers to help you execute your vision. Volunteers can be a huge benefit because they provide you with a team that can carry out various projects and initiatives. That’s why it’s vital to recruit volunteers.…

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