Nonprofits are organizations that exist to promote social welfare or public interest. There are many different kinds of nonprofit organizations. Some are social welfare groups, while others are religious institutions. Still, others focus on education, health care, or environmental protection. A … [Read more...] about Chicago Attorney for Non Profits
Non-profit organizations are businesses and every business needs a business structure, even if the sole purpose of creating and operating the organization is not to generate profit for shareholders. Deciding on how to structure a non-profit organization is one of the first and most important … [Read more...] about What Should My Business Structure Be?
The idea of starting and running a non-profit may put some people off. In addition to state and federal requirements, there is considerable administrative work that goes into starting and continuing a non-profit organization. But it’s possible to do a non-profit mission or project without … [Read more...] about How Can Fiscal Sponsorship Help My Non-Profit?
Nonprofits can enjoy a range of benefits through their tax exemption. Organizations such as public safety, religious, scientific, and those dedicated to the prevention of cruelty to both humans and animals can enjoy tax exemption. Donations can be tax-free for supporters who provide … [Read more...] about Requirements To Maintain A 501(C)(3) Tax Exempt Status In Chicago, IL?
The role of nonprofits has always been to generate social change that helps steer us to a better world. While many nonprofits start with compelling goals and a can-do attitude, it’s usually not enough to keep the organization alive. Sure, it takes money, people, and resources to begin a … [Read more...] about Top Reasons Nonprofits Fail In Chicago, IL