Blog Posts
What Is a Nonprofit Organization and How Does It Differ from a For-Profit Business?
Learn how nonprofits differ from for-profit businesses in purpose, structure, taxation, and revenue distribution.
Read More 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…
Read More 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.…
Read More Find the Time to Start Your Nonprofit
Find the Time to Start Your Nonprofit There are people with the same 24 hours a day that you have who find the time to start their nonprofits while juggling work, relationships, children, and more. What is their secret? Read on to see Chisholm Law Firmโs recommendation on how to find the time to start…
Read More 10 Ways to Preserve Limited Liability Protection
10 Ways to Preserve Your Limited Liability Protection Incorporating your nonprofit is not enough to protect you from being personally sued. You will also need to follow these rules regarding how you run your nonprofit to make sure you do not lose the limited liability protection. Limited liability protects you from being penalized as an…
Read More What is a TEAS Application?
What is a TEAS Application? It is crucial to register your name and logo as a trademark when you start a nonprofit. Having a trademark gives you ownership of your name and logo, allows you to make money when licensing other products, markets your nonprofit, and more. However, to get a trademark, you have to…
Read More Protect Your Phone Number
Protect Your Phone Number when Starting Your Nonprofit Many of the legal documents you are required to complete may require you to include a phone number for your nonprofit. Subsequent documents for your nonprofit such as bank accounts, grant applications, etc., may also need your phone number. Because so many documents require a phone number,…
Read More The Cost of Starting a Nonprofit
The Cost of Starting a Nonprofit Many people ask how much it costs to start a nonprofit. While there are many different programs to fund a nonprofit once you get started, the startup costs will likely come from your pocket. I know this firsthand – I started my nonprofit, Revolution Leadership, with my own money.…
Read More The Importance of a Corporate Minute Book
The Importance of a Corporate Minute Book One of the best ways to keep track of all of your nonprofit records and legal documents is to invest in a Corporate Minute Book. A Corporate Minute Book is an elegant, custom-made portfolio engraved with your nonprofit’s name. When you utilize a Corporate Minute Book, you will…
Read More Employment Records Essential for Nonprofits
Employment Records Essential for Nonprofits Employment records are essential for both for-profit businesses and nonprofits. As your nonprofit hires people, you will want to keep accurate and complete records of their employment. Here are some examples of the documents you should keep as records of the employees and vendors of your nonprofit. Employment Agreements Essentially,…
Read More Responsibilities of Board Members
Responsibilities of Board Members Nonprofits serve the public. Therefore, a Board of Directors is required to govern a nonprofit. Before you invite someone to serve on the Board of a nonprofit or agree to serve on a board, it’s essential to know the expectations and responsibilities of board members. Here is a summary of the…
Read More 8 Clauses for a Good Volunteer Agreement
8 Clauses for a Good Volunteer Agreement An important part of starting your 501c3 nonprofit is 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 projects and initiatives. However, you need a volunteer agreement to minimize…
Read More The Amount that can be Written Off on Taxes
The Amount that can be Written Off on Taxes As you talk to donors about giving to your nonprofit, you will most likely get many questions. A popular question may be the donor wanting to know precisely how much they can write off on their taxes. Here are a few general guidelines that you may…
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