For more than 70 years, 501(c)(3) American Council on Education (ACE) has administered the General Educational Development Test (GED), used by many to get a high school diploma. That is about to change. Starting in January, the GED will be run by for-profit company GED Testing Service, a joint venture of ACE and Pearson, one …
Posts Categorized: News
Filing FTB Form 199: It's Now or Never
As we tweeted earlier this week, if your nonprofit operating or incorporated in California has not filed its Franchise Tax Board (FTB) Form 199 recently, now is the time to do so. Come September, 2013, the FTB will start automatically revoking those exempt organizations that have not filed a series 199 for three years in …
Choose Grant Recipients Wisely
How carefully does your nonprofit’s board choose grant recipients? If you don’t know, here is a wake-up call. One Fund Boston, the 501(c)(3) established to assist victims and families affected by the Boston Marathon bombings, recently approved payment of $480,000 to an individual who is now charged with defrauding the fund. There’s good news for …
Another View on Nonprofit Effectiveness
Has all the recent news about how to measure nonprofit effectiveness left your charity confused? The Direct Marketing Association Nonprofit Federation, a national association of charities and their direct marketers, thinks it has the answer – a set of fundraising principles. The Federation based these principles on how it believes “legitimate” charities conduct fundraising. It …
Modifying a Nonprofit's Original Mission
How does a nonprofit stay within its original mission but remain relevant? Petersen Automotive Museum is trying to do just that. It is liquidating nearly 1/3 of its 400 classic cars in order to finance a major reconfiguration of the organization, including a greater emphasis on motorcycles and French art deco vehicles. According to a …
Is Your Organization Misclassifying its Workers?
If you’re not sure or if you have any questions, join CalCPA’s quarterly Nonprofit Discussion Group on July 18 from 8-10am. A panel of employment attorneys will discuss whether to classify a worker as an intern, volunteer, independent contractor, or exempt employee. This is a critical topic for all nonprofits as the IRS and Employment …