5 Mistakes Nonprofits Make When Filing Taxes

filing taxes

Tax season often brings anxiety to nonprofit leaders because even small mistakes can have significant consequences. Many organizations face hurdles such as missing deadlines or choosing the wrong tax form. The same goes for submitting inaccurate information, overlooking state filing obligations.  Not seeking expert help makes things worse, as well. This is why we wrote … Read more

How to Build a Nonprofit Board That Drives Success

nonprofit board

Building a nonprofit board that fuels organizational growth and impact is essential for any mission-driven organization. As we already covered in this guide, a strong board not only provides governance and oversight but also acts as a key driver in fundraising, strategic planning, and community outreach.  In this post, we’ll walk through actionable steps to … Read more

Spring Cleaning for Your Nonprofit: What to Focus On

spring cleaning nonprofit

Spring is a season of renewal, a time when nature reinvents itself with bursts of color and life. It’s also an ideal moment for nonprofit leaders to adopt a similar approach and refresh their organizational operations. Just as you might declutter your living space and reorganize your home, a nonprofit “spring cleaning” involves reviewing and … Read more

The Importance of Building a Nonprofit Budget Early

nonprofit budget

Running a nonprofit organization comes with many challenges. As we mentioned in our previous guide about nonprofit governance, executive leadership needs “Strong financial oversight and budget management skills.”  You can read more about that by clicking here. In any case, budgeting isn’t just about tracking income and expenses. It’s a strategic tool that ensures sustainability, … Read more

Navigating the 501(c)(3) Application Process: Tips and Tricks

501(c)(3) Application

Embarking on the journey of forming a nonprofit is an exciting prospect—one filled with aspirations to bring positive change to your community or champion a cause that matters deeply to you. Yet, amid the inspiration and passion, there’s a more technical side to the process: securing 501(c)(3) status. This special tax-exempt designation from the Internal … Read more

Navigating Reporting and Compliance for Nonprofit Founders in the USA

nonprofit

Nervous about your nonprofit’s tax-exempt status? Having trouble understanding the rules around reporting and compliance? Follow this guide and you’ll see that there’s nothing to worry about. For US-based founders who want to start and run a nonprofit organization, staying in the good graces of the IRS is crucial. Understanding the requirements for reporting and … Read more

The Art of Fundraising: Essential Strategies for Nonprofit Founders in the USA

fundraising

Having trouble raising money for your nonprofit organization? Need some help coming up with fundraising ideas? By following this step-by-step guide, you’ll be on your way to securing your nonprofit’s financial health. Starting a nonprofit organization is a challenging prospect. At the heart of this challenge is the critical task of fundraising. The foundational pillar … Read more

How to Apply for Tax-Exempt Status for Your Nonprofit

tax-exempt

Want your nonprofit to be exempt from paying taxes? This guide will show you how to do that. Starting a nonprofit involves navigating the legal and financial aspects that can be daunting, especially when it comes to applying for tax-exempt status in the USA. That’s why at BrightLeaf Consulting, we manage the entire nonprofit startup … Read more