Ethics & Accountability
description of ethics & accountability
Transparency inspires confidence.
In return for its favored tax-status, a charitable nonprofit promises the federal government that it will not engage in “political campaign activity” and if it does, IRS...
Once you have received your determination letter from the IRS, the real work begins.
Once you have determined the need for a new nonprofit and put core plans in place, you will next need to build the structure for your organization.
Tax-exempt nonprofits are required to provide copies, upon request, of their three most recently filed annual information returns (IRS Form 990) and their application for tax-exemption.
If your nonprofit makes an arrangement with a business to receive a percentage of sales – or if a business offers that deal to your nonprofit – beware.