All nonprofit organizations have boards of directors, but many have advisory boards as well. Unlike boards of directors, advisory boards have no formal governance or fiduciary responsibilities, nor any decision-making authority. Their role is to provide guidance to the executive staff and board members on strategic or tactical objectives. (more…)
Nonprofit Insights
NextFundraising and State Registration Requirements
Are you up to date on your state registration and reporting? It’s estimated that as many as 90 percent of nonprofit organizations failed to register to solicit funds in one or more states, even though they were required to do so by state law.
The IRS and state governments are taking notice. (more…)