Accounting and Bookkeeping for U.S Nonprofit Organizations

Nonprofit organizations have similar financial transactions, accounting and bookkeeping needs as any for-profit organization. Like any other organization, a nonprofit is evaluated by a wide assortment of entities like donors, investors, bankers, creditors, public watchdogs and government to… Read More

Bylaws for Delaware 501c3

Sample Bylaws for Delaware 501(c)(3) Compliant with: Delaware Code and IRS code. {Insert Name of Nonprofit Organization} BYLAWS (A 501 (c) (3) Not-for-Profit Corporation) ARTICLE I: NAME The name of this nonprofit corporation is: {Insert Name of Nonprofit… Read More

Sources for Nonprofit fundraising

The most basic sources of nonprofit fundraising are: Individual donors: As per a report published by Giving USA, funds from individual donors constitute around 3/4th of the total charitable donations in the United States. Corporate giving: Corporate funds… Read More

State Wise Naming Requirements

States have prescribed a list of permissible/required prefixes or suffixes and the list of terms that cannot be used in the name of a nonprofit organization.(Corporations) Statewise naming rules for corporations State Corporate Designators and other naming requirements… Read More

Volunteer personal liability protection for NPOs

Volunteers of a U.S nonprofit organization are protected from personal liability under the Volunteer Protection Act of 1997, 42 U.S.C. 14501. As per the provisions of the Act, all volunteers of a nonprofit organization are protected from personal… Read More