Everything You Need to Know to File Timely Annual Reports
Updated March 2022
Annual reports are entity information updates due to the secretary of state on a predetermined, scheduled basis according to the statutes and rules of each state. Business entities, such as LLCs, corporations, and nonprofits, must file annual … Read more
Nonprofit Sector Update: NYS Suspends Schedule B Requirement and More
The July 1, 2021 decision by the Supreme Court of the United States (SCOTUS) in Americans for Prosperity Foundation v. Bonta has started a ripple effect in the world of charitable solicitation regulation.
Nonprofits should expect charitable solicitation registration requirements … Read more
Get Ready for 990 and Fundraising Registration Renewals Due May 15!
May 15 is a big deadline for charitable solicitation registration renewals and IRS Form 990 filings. For nonprofits operating on a calendar tax year, Form 990 is due May 15. Currently, 13 states also require those organizations to file their … Read more
Conversion & Domestication: Changing an Entity’s Structure or Home State
As organizations grow, what worked in the past doesn’t always fit with present needs or future plans. Maybe it’s a name that no longer adequately describes what they do, or revenue has grown to the point where a new structure … Read more
Changing Your Nonprofit’s Address: A Comprehensive Guide
Moving is never fun. And when it’s your nonprofit that’s moving, the process is even more taxing. Failure to change an address or doing so in the wrong way may seem like a simple oversight, but can have significant implications … Read more
Registered Agents and Business Addresses
In every state where your business or nonprofit is registered to operate, you must appoint a registered agent to receive notices of lawsuits and other official state documents for your organization. A registered agent must have a physical address … Read more
Six Things to Do Once Your Nonprofit Has Registered for Fundraising
If your organization has invested in meeting all of your state charitable registration requirements, congratulations! By simply registering, you’ve already demonstrated your commitment to transparency in the nonprofit sector and accountability to your donors. You may, however, still be wondering … Read more
What Good Standing Really Means
Demonstrating your organization’s good standing is a normal part of doing business. Whenever you open a bank account, expand into new states, or apply for a license, a certificate of good standing is usually part of the required paperwork. The … Read more
Pros and cons of fundraising under a fiscal sponsorship
I’ve assisted in founding two nonprofits, helping fill out Form 1023 to get the ball rolling with the Internal Revenue Service (IRS). The last organization I assisted was the Chicago Brewseum, which is looking to build the most comprehensive … Read more
Beyond Fundraising Registration: 5 Licensing Areas Many Nonprofits Overlook
Posted on
September 14, 2017, by Harbor Compliance in Nonprofit Compliance.
A preschool hosts an annual summer carnival for a scholarship fund. A community theater plans a silent auction to support the winter performance season. An animal shelter hosts a carwash at the county park to raise money for pets stranded … Read more