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Nonprofit Board Must Know What To Do If Their Tax-exempt Status Is Revoked
May 10, 2021

What to Do If Your Tax-Exempt Status Is Revoked

Once your organization receives its notice of 501(c)(3), it gains specific tax advantages. Having said that, your nonprofit doesn’t get to keep its tax-exempt status forever. Regardless of what services your nonprofit provides, it has to continually meet the guidelines…

Understand The Definition And Terms Of Being A 501(c)(3) Organization
April 26, 2021

What Is a 501(c)(3) Organization?

In the world of charitable activities, it’s common to hear people using the terms nonprofit organization and 501(c)(3) in reference to all charitable organizations. There’s a good deal of truth in that, but it’s not quite that simple. The federal…

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