Naming a non profit organization

Once it has been decided to start a non profit organization , the members need to decide and reserve a name for the non profit organization. A good name should be indicative of the activities proposed to be… Read More

Exceptions to the limited liability clause

One of the most important benefit of Incorporation is that, its protects the individual members from being held personally liable for the the liabilities of the corporation. However in a few situations, Individuals involved with an incorporated nonprofit… Read More

Glossary of Non profit Jargons

501 (c) (3) – A section of IRS under which it identifies different kinds of organizations eligible for tax exemption of various kinds. Annual report – A report published annually (or periodically) containing a description of activities undertaken by… Read More

Incorporation of Non Profit Organization

Introduction to Incorporation – Incorporation of a non profit organization is a vast subject and needs a comprehensive treatment. ‘To’ or ‘Not-to’ Incorporate ? While making this choice , We would recommend an organization to incorporate if –… Read More

Types of Nonprofit Organizations

There are many types of nonprofit organization and they have been classified into different categories as per Section 501 of the IRS rules. We will first discuss charitable organizations that fall into the category of Section 501 (c)(3)… Read More