28d • General discussion
Thinking About Applying for Grants? Here’s What You Should Have in Place First.
Many nonprofits start with passion and a strong mission, but staying compliant is what keeps the organization alive and eligible for funding.
Every nonprofit big or small needs to stay on top of a few key requirements:
✔ Annual IRS filings (Form 990 series)
✔ State-level annual reports and renewals
✔ Proper record-keeping and board documentation
✔ Updated bylaws and policies
✔ Charitable solicitation registration (if required in your state)
✔ Maintaining active tax-exempt status
✔ Clear financial reporting and transparency
When these things are not handled, it can lead to penalties, loss of tax-exempt status, or problems when applying for grants and funding.
There are many nonprofits that don’t realize they are already behind on filings or compliance updates but it’s never too late to get everything back in order.
If anyone has questions about keeping their nonprofit compliant or understanding what filings they need, feel free to ask. Staying organized ensures your mission can grow without setbacks.
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Thinking About Applying for Grants? Here’s What You Should Have in Place First.
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