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Nonprofit Organization Articles
This section of the LaunchX Business Startup library contains helpful articles and reference information to assist you in starting and running your nonprofit organization.
First Five Steps to Starting a Nonprofit Organization
While there are dozens of steps to get from idea to launch when starting a nonprofit organization, these are the first five steps you should take to start a new nonprofit organization. Read more about the first five steps to starting a nonprofit...
Fiscal Sponsorship -- An Alternative to Launching a New Nonprofit
Fiscal sponsorship is the practice of existing nonprofit organizations providing
their legal and tax-
Want to Start a Nonprofit? Five Facts That Might Change Your Mind
Starting a nonprofit can be a great opportunity to do good, leave a legacy, and take control of your own work life. Before you move forward with your idea, consider these five facts that might change your mind about starting a nonprofit. Read more about five facts that might change your mind about starting a nonprofit...
Five Reasons Not to Start a Nonprofit
Many people decide to start a nonprofit based on a misguided motivation. If one of these is your reason for starting a nonprofit, consider these alternatives. Read more about five reasons NOT to start a nonprofit...
Want to Start a Nonprofit? Harsh Realities (and How to Deal With Them)
People who selflessly commit their worklife to the nonprofit world will tell you that there are some harsh realities that come along with doing good, especially for the founders of nonprofit organizations. Here are some things you should know if you are thinking about starting a new nonprofit, and a bit of advice if you will be going ahead with your plans! Read more about some harsh realities when starting a nonprofit...
How Entrepreneurship Will Save Nonprofits
Simply implementing basic business concepts and an entrepreneurial perspective can alter the future of just about any nonprofit, refocusing the efforts on making a real impact, rather than mere survival. Read more about how entrepreneurship will affect nonprofit organizations...
Models of Fiscal Sponsorship for Nonprofit Organizations
Fiscal sponsorship can be an excellent option for getting through a short-
Nonprofits and Tax-Exemption Status
Obtaining tax-
Understanding the One-Third Support Test for Nonprofit Organizations
The one-
The Problems with Fiscal Sponsorship of Nonprofit Organizations
Fiscal sponsorship can be an excellent opportunity for certain situations. Before you approach an organization seeking fiscal sponsorship, you need to be aware of these problems that can arise and how to avoid them. Read more about common problems with fiscal sponsorship of nonprofit organizations and how to avoid them...
Social Entrepreneurship -- What it Should Mean for Nonprofits
Social entrepreneurs, those who combine entrepreneurial skills with social responsibility,
are bringing a business-
The Best Nonprofits to Start in 2010
There are many opportunities in the nonprofit realm right now, with lots of problems in desperate need of attention. Here are five areas that contain the best nonprofits to start in 2010. Read more about the best nonprofit organizations to start in 2010...
Three Things to Know Before Starting a Nonprofit
Starting a nonprofit organization can be an excellent way to make a difference, meet an unmet need in society, or contribute to solving a specific problem. Before you launch your nonprofit, consider these three things you should know. Read more about three critical things to know before starting a nonprofit...
Starting a Nonprofit...Where Will the Money Come From?
Perhaps the single largest concern for a founder of a nonprofit organization is where
the money will come from to fund the startup, the programs, and the ongoing operations
of the organization. Because a nonprofit organization typically raises almost half
its funds from non-
Business Basics are Critical to Starting a Nonprofit Organization
Many nonprofit organizations are started based on a passion of the founder to solve a problem or right a wrong. In order to successfully fulfill their mission, however, nonprofit organizations must pay attention to the fundamentals of running a business, including leadership, financial management, and strategic planning. Read more about how business basics are critical to starting a nonprofit organization successfully...
Increase Donations Through Your Nonprofit Organization's Website
Many nonprofits have found using the internet has substantially increased the donations they receive. Use these five key factors to optimize your nonprofit organization's website to encourage donations to your cause. Read more about increasing donations through your nonprofit organization’s website...
Five Ways to Increase Traffic to Your Nonprofit's Website
Promoting your nonprofit website is essential to getting all you can out of your internet presence. Use these five methods to increase traffic to your nonprofit organization's website. Read more about five easy ways to increase traffic to your nonprofit’s website...
Online Presence as Part of Nonprofit Sustainability
It is as true for nonprofits as it is for for-
Can Passion Translate to Success for a Nonprofit Organization?
You must have a passion for your mission in order to start a nonprofit organization. However, passion alone is not sufficient to guarantee the success when starting a nonprofit. Couple your passion with skills, knowledge, and hard work to sustain the organization for the long term. Read more and find out if passion alone is enough to start a nonprofit organization...
Want to Start a Nonprofit? Watch Out for Myths and Red Flags
If you are thinking of starting a nonprofit organization, consider these myths and
red flags that indicate you may be better served with a for-
Is Nonprofit Status the Right Decision for Your Venture?
When determining whether to establish your venture as a nonprofit organization, it is important to understand what nonprofit status will mean for your organization and for you personally. Most of the effects of nonprofit status are related to the tax obligations of the organization. Read more about whether having nonprofit status will be right for your organization...
Keeping Track of the Cash -- Top 5 Mistakes Nonprofits Make
Managing the money is important to the sustainability of a nonprofit organization. Take note of these five mistakes that nonprofits make and plan to avoid them in your organization. Read more about the top five financial mistakes that nonprofiits make...
Starting a Nonprofit? You are Still an Entrepreneur!
Many founders of nonprofit organizations don't see themselves as entrepreneurs, the reality is that they are every bit as much an entrepreneur as the person starting a for profit business. Nonprofit founders rely on the same initiative, risk management, and motivation to start their organizations. Read more about using entrepreneurial traits to make your nonprofit organization a success...
The Distinctions Between Private Foundation and Public Charity
When filing for IRS 501(c)(3) status with the IRS, one distinction that may be unclear is the difference between a private foundation and a public charity. The preferred status for most nonprofit organizations is the public charity, however not all organizations qualify. Read more about the distinctions between private foundation and public charity...
Social Entrepreneurship -- For-Profit and Nonprofit
Social entrepreneurs include any innovative, independent business owner who uses
entrepreneurial skills to contribute to the betterment of society, whether through
a nonprofit organization or a for-
Need a Job? Don't Start a Nonprofit!
Many entrepreneurs look to starting a nonprofit as a way to accomplish two goals
simultaneously -
Requirements to Become an IRS 501(c)(3) Tax-Exempt Organization
If you are starting a nonprofit organization and expect to apply for tax-
Starting a Nonprofit Organization? There is No Personal Profit in a Nonprofit
There are many great reasons for starting a nonprofit organization, but personal financial gain cannot be one of them. Due to both the nature of nonprofit organizations and IRS rules, a nonprofit organization cannot provide personal profits to an individual or business closely related to the nonprofit. Read more about starting a nonprofit organization...
Starting a Youth Athletic Nonprofit? Know How to State Your Purpose for the IRS
For recognition as a 501(c)(3) organization by the IRS, you must have properly stated the purpose of your organization. This can be tricky for youth athletics, so follow these helpful hints to get it right. S Read more about stating your purpose for the IRS when starting a youth athletic nonprofit...
The All-Volunteer Nonprofit Organization
Nonprofit organizations can be either all-
Should Your Social Entrepreneurial Idea be a Business or a Nonprofit?
Social entrepreneurs often believe that because they want to do good, they must be registered as a nonprofit organization. The rules to qualify as a nonprofit significantly limit the types of organizations that qualify, and many social entrepreneurs will find that starting a business is the right choice. Read more about deciding whether to start a business or nonprofit organization...
Basics of IRS 501(c)(3) for Nonprofit Organizations
If your nonprofit organization wants to make it possible for your donors to claim their contribution to you as a deduction on their personal taxes, you will need to obtain designation by the Federal IRS as a 501(c)(3) organization. The basics of 501(c)(3) designation are to establish your nonprofit corporation, file the application, and keep your organization moving forward during the review process. Read more about the basics of IRS 501(c)(3) for Nonprofit Organizations...
Understanding the Nonprofit Board of Directors
The Board of Directors of your nonprofit is very similar to the Board of Directors
of a for-
Your Nonprofit Organization: Benefits of Incorporating
While nonprofit organizations are not required to be incorporated, the benefits of incorporation are numerous and worth the time involved in to incorporate for most nonprofit organizations. Read more about the benefits of incorporating your nonprofit organization...
Your Nonprofit Organization: What's a Founder To Do?
Once you have your nonprofit organization launched, you will need to decide what role you, as the founder, will play in the organization. Will you join the board of directors or will you fill the executive director role. Consider these factors when making your decision. Read more about the founder’s role in a nonprofit organization...
Launching a Nonprofit? Should You Incorporate?
While most nonprofits are organized as corporations, it is not always necessary to do so. It is important to understand and evaluate the relevancy of the benefits and limitations of choosing corporate status before committing the time, effort, and money to developing your nonprofit as a corporation. Read more about whether you should incorporate your nonprofit organization...
The Quandary of a Nonprofit Founder
Launching a nonprofit is very different from running your own for-
Before You Launch a New Nonprofit
Launching a nonprofit is serious business, so it is important to seriously consider
your decision before you commit. The nonprofit world is highly competitive and funding
is limited, but a good nonprofit idea and a well-
Ethics in Nonprofit Organizations
When starting a nonprofit organization, it is vitally important to establish and maintain a culture of the highest ethical behavior. Nothing turns off donors and supporters faster than unethical actions. Use these ideas to ensure your nonprofit is adhering to the highest standards of ethics. Read more about ethics in nonprofit organizations...
Starting a Nonprofit? Understand the Basics
The effort that must go into a successful nonprofit is very similar to launching
any type of business. By nature, non-
Not-for-Profit vs. Nonprofit -- Is there a difference?
For people new to the world of nonprofits, there is often significant confusion about
the use of the terms "nonprofit" and "not-
The Future of For-Profit and Nonprofit Organizations
Whether incorporating charitable or cooperative features into a for-
Social Entrepreneurs Need to Understand the Differences Between Nonprofits and For-Profit
Businesses
The social entrepreneur who wants to make a difference in a specific area has two
fundamental vehicles to make that difference, the nonprofit organization or a for-
Nonprofit Fundamentals are Business Fundamentals
Whether you are starting a nonprofit organization or a for-
What is a Social Entrepreneur?
The social entrepreneur is a new breed of entrepreneur, focused on creating great organizations that not only succeed, but also give back to the community at large. Are you ready to join their ranks? Read more about being a social entrepreneur...
Social Entrepreneurship – For-Profit or Nonprofit?
The single largest question facing a social entrepreneur is whether to start a for-
What is a Nonprofit Organization Exactly?
While there are lots of organizations that are not making a profit, the true nonprofit organization has a specific definition. The primary characteristic that each operates for the purpose of a particular public interest and not to earn profit for the benefit of individual shareholders. Read more about the definition of a nonprofit organization...
Nonprofit Organization Essentials
There are a few fundamentals required of the social entrepreneurs who will succeed at making an important impact in the world around them. In order to succeed in developing a new nonprofit, you will need a viable cause, commitment and resources. Read more about the fundamentals of nonprofit organizations...
Business Values -- For-Profit and Nonprofit Ventures
The nonprofit world has strived to set themselves apart from for-