Remove Application Remove Liability Remove Lobbying
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An Essential Guide to Nonprofit Financial Management (Best Practices and Tips)

DoJiggy

Add it to your Form 990 to account for your assets and liabilities. Other examples of internal controls include: Requiring team members to log out of applications or computers when not using them. Avoid supporting political or lobbying campaigns. The IRS requires you to file no fewer than four audited financial statements.

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501c.yada, yada, yada

Sharpshooter Communications

link] I saw this on an application recently and thought, “Well, that’s easy.” The nonprofit isn’t sure that the land isn’t a liability so, to protect the organization, they create a separate entity to be the owner. They are allowed to lobby as a primary activity but they cannot support political candidates.

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How Lessons Learned From Fighting Food Insecurity Can Help Your Nonprofit

Blue Avocado

Once you have identified what resources you are saving and how you think they should be utilized, do your due diligence to make sure you’re following all applicable federal, state, and local laws as well as relevant court decisions. After many years of lobbying and hard work, the GSA was passed, enabling all parties to help people.