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  • IRS website

    If you're looking for the tax requirements for your nonprofit, this page on the IRS website is a good place to start. Exemption, unrelated business income, employment taxes, filing requirements, etc.

 

 

Legal Documentation for 501(c)(3) Nonprofits

Legal Documentation for Nazarene nonprofit CMCs

Nonprofits have basic legal requirements like other corporations. This section provides articles about legal documentation issues, including articles of incorporation, bylaws, and payroll.

 

How to Form a 501(c)(3) Nonprofit Corporation

  • Concise guide to forming a 501(c)(3). Choosing a business name, bylaws, articles of incorporation, state and federal exemption documents, and several other key topics.

    Source: Nolo.com   |  Published: 2009

 

Annual Filings

  • Up-to-date Federal Filing requirements.

    Source: National Council of Nonprofits   |  Published: 2010

 

How to Obtain 501(c)(3) Tax-Exempt Status for Your Nonprofit

  • An excellent guide to help in the filing of Form 1023, the application for federal nonprofit status. Goes through the process, providing useful tips for each of the areas.

    Source: Nolo.com   |  Published: 2009

 

Nonprofit Payroll: What Records to Keep?

  • Short listing of what each employee's payroll and personnel file should contain, and how long you should keep each record.

    Source: OpportunityKnocks.org   |  Published: 2008

 

A Board Member's Guide to Nonprofit Insurance

  • This is an excellent Q&A with Pamala Davis, president and CEO of Nonprofits Insurance Alliance Group. She answers questions about the most common claims made against nonprofits, Directors & Officers liability insurance, and recommended coverage (in dollar terms). Very helpful and highly recommended.

    Source: blueavocado.org   |  Published: 2008

 

State Liability Laws for Charitable Organizations and Volunteers

  • Beginning with an overview of the liability environment, this 4th edition of State Liability Laws for Charitable Organizations and Volunteers provides a state-by-state review of the evolving landscape of charitable immunity and volunteer protection laws. A 124-page PDF.

    Source: Nonprofit Risk Management Center   |  Published: 2009

 

Stay Exempt

  • The IRS has created animated tutorials, complete with cartoon characters, to help nonprofit organizations maintain their exemption. The topic areas are:

     

     

    1) Tax-Exempt Status - Learn the ABCs of 501(c)(3) tax exemption and how to avoid

         activities that jeopardize it.

     

    2) Unrelated Business Income - Identify when income-producing activities generate

         taxable income and how to report and pay taxes on it.

     

    3) Employment Issues - Learn the differences between employees, independent contractors,

         and volunteers, and the different tax treatment required for each.

     

    4) Form 990 - Walk through the steps of filling out Form 990, and learn how

         good recordkeeping is essential for accurate completion.

     

    5) Required Disclosures - Learn your organization’s responsibilities to disclose

         certain types of information to the general public.


    Source: IRS   |  Published: 2008