A charitable organization can lose its tax-exempt status even if its original mission sounds fully charitable. Under IRC Section 501(c)(3), an organization must be both organized and operated exclusively for exempt purposes. That means unrelated activities must remain insubstantial, and any private benefit must be incidental rather than central to what the organization does. A …
Nonprofit organizations are entrusted with using their resources to serve a defined mission, and with that trust comes responsibility. Boards are legally and ethically obligated to safeguard organizational assets and ensure they are used exclusively for exempt purposes. As financial risks such as fraud, embezzlement, and mismanagement continue to rise, strong governance structures have become …
The 2025 Tax Act created a new deduction for qualified overtime compensation, giving employees a potential tax benefit for the overtime “half” portion of time-and-a-half pay. This article explains who qualifies, how the deduction works, and what employers need to know about IRS transition relief and overtime reporting for tax year 2025.
The IRS has resumed issuing group exemptions after more than five years, but with stricter rules under Revenue Procedure 2026-8. This article explains the updated requirements for central organizations, subordinate oversight, annual SGRI reporting, and the transition steps nonprofits should take before the 2027 compliance deadline.
Nonprofit professionals rely on trusted online resources to strengthen fundraising strategies, stay updated on industry trends, and learn from sector leaders. This guide highlights valuable websites offering donor prospect research tools, nonprofit industry news, and curated podcasts designed to support nonprofit leadership and development.
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