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Follow on Google News | NonProfit Compliance Tips Offered from Non Profit DestinationNonProfit Destination, a professional organization helping non for profit companies, offers services in the areas of grant writing, research, fund raising and marketing.
By: Non-Profit Destination Running a non profit organization requires more than just a passion. There are at least five different regulatory bodies that each nonprofit must report to. The agencies are IRS, Franchise Tax Board, Board of Equalization, Attorney General and Tax Assessors Report. Non profit organizations are required to report on received grants from a foundation or endowment to each governing agency. Provide a comprehensive compliance analysis and review current status for all reporting agencies, including: IRS, Franchise Tax Board, Board of Equalization, Attorney General, Tax Assessors Report. In most cases a review of past two years tax returns, and any forms will be required as well. The company offers a Grant Strategic Plan, which includes a mission statement; project outcomes; outcome measurements; “The most common reason for running afoul of the IRS is that many nonprofits are started based on passion- a need to make a difference. As much as that is a great reason, it’s all the more incentive to run your nonprofit like a business. The more money you have- the more you can help. We will make you “Grant-worthy.” “We find in many cases the Board or Executive Directors don’t know what they don’t know. Almost 23% of the collective 160,000 nonprofits are religion-based organizations and many are in jeopardy; parishioners may get an unwelcome surprise and find that their contributions are no longer tax-free. That group is the largest followed by Education, Arts, and Culture making up the next largest groups,” add Mr. Nelson. The company has many unique services to raise funds for non profit organizations, making them marketable and popular. For more information about Non Profit Destination services, visit http://www.nonprofitdestination.com or call 213-986-8390. End
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