When Nonprofit Boards Fail: The Domino Effect of Neglected Duties December 9, 2024 The following scenario happens far too often. A renowned non-profit, celebrated for its impactful work, faces a sudden downfall. Donors...
The Perils of “Keeping Up with the Joneses”: When Association Pricing Crosses the Antitrust Line October 21, 2024 Imagine an association establishing its dues based solely on what their “competitor” association charges. However, this practice can lead to...
Key Updates to the Federal Corporate Transparency Act August 15, 2024 On January 1, 2024, the Federal Corporate Transparency Act (CTA) went into effect. This law affects mostly small businesses by...
Overly Detailed Board of Directors Minutes: A Legal Liability? July 25, 2024 Here’s a hypothetical scenario for you. The board of directors of a well-respected nonprofit organization was sued by a disgruntled...
Bylaws: A Governance Document; Not Your Operations Manual June 25, 2024 Bylaws serve as an organization's governing roadmap, outlining the rules and procedures that guide operations and strategic focus. Well-crafted bylaws...
Why Proper Documentation is Vital for Nonprofit Corporate Sponsorships February 27, 2024 Corporate sponsorships and underwriting have become key strategies for many nonprofits and associations nationally. These types of non-dues revenue can...
What You Need to Know About the Federal Corporate Transparency Act October 16, 2023 The Federal Corporate Transparency Act (CTA), enacted by Congress as a component of the Anti-Money Laundering Act of 2020, goes...
