Choosing your board is a critical component to effective nonprofit management, obtaining 501(c)(3) status, and qualifying for grant funding.
Tips for 501(c)(3) Compliance
Launching your 501(c)(3) and receiving that coveted letter of determination is just the beginning. In order to maintain your 501(c)(3) status, there are compliance regulations you must adhere to. Without complying with these regulations, you can lose your tax exempt status or even have your organization administratively dissolved due to failure to adhere to administrative compliance regulations.