You Run a US Nonprofit
Four steps to keep a US nonprofit in good standing and ready for grants.
Step 1: Know your filings
Know which annual federal return you file, your state registration and renewal dates, and who is responsible for each.
Topic: Organization: Governance, People and OperationsStep 2: Keep the board and bylaws in order
Check the bylaws match how the board actually works, and keep minutes of every decision.
Topic: Organization: Governance, People and OperationsStep 3: Keep restricted money separate
Track money given for a set purpose separately from general funds, and report it that way.
- Restricted and unrestricted funds (Decision guide)
Step 4: Adopt the policies funders expect
Conflict of interest, whistleblowing, document retention and procurement come up most often.
- Conflict of Interest Policy Template (Template)
- Whistleblowing Policy Template (Template)
- Document Retention Policy Template (Template)
- Procurement Policy Template (Template)