That’s just what AmeriCorps supporters are hoping. The future of the government program, which pays stipends to individuals spending up to a year helping nonprofits “move communities forward,” is in doubt. So eighteen nonprofits, including many that rely on AmeriCorps such as City Year and Teach for America, are joining a three year campaign to …
Posts Categorized: News
Nonprofit Growth Outpaces For-Profits 50:1
Those of us who work in the nonprofit sector sometimes point out that nonprofits employ 10% of the of American workers. But did you know that the growth in nonprofits during the last decade exceeded that of for profits by a ratio of 50:1? According to the Urban Institute, between 2001 and 2011, the number …
Where's My Application? Good Question.
Until January 2014, you could go to the IRS website to find the answer to the question, where in the queue is my exemption application? For example, if in January you visited the IRS’s “Where Is My Application?” webpage, it reported that the IRS was “assigning applications received in May 2012.” As of last month, …
Misleading Notices Target Nonprofits
As happens every year, nonprofits are being targeted by businesses that send misleading corporate compliance notices. The first batch for 2014 has just been mailed with the headline “Annual Minutes Compliance Notice.” Don’t fall for these rip-offs. As the California Secretary of State advises, these “letters are being sent to California businesses encouraging them to …
Lady Gaga Boosts New Tax Plan
Earlier this week we told you that the House Ways and Means Committee is trying to force nonprofits to be more “effective” through a new tax plan. Thanks to Lady Gaga, the Committee has a new example of why such a tax plan is needed. Yes, Lady Gaga. Lady Gaga and her mother co-founded the …
House Releases Scathing Report on Lerner
Lois Lerner, former head of the IRS division on exempt organizations, may have pleaded the Fifth (twice), but that has not stopped the House Oversight and Government Reform Committee from issuing a damning report about Lerner’s role in the recent 501(c)(4) scandal. Released Tuesday, the report accuses Lerner of leading efforts to scrutinize conservative groups, …