Brenda's Tax Consulting
Starting & Managing A Nonprofit Organization
Checklist for Starting and Managing a Nonprofit Organization
- What should be the form of the organization?
- - Why?
- - In what jurisdiction should it be formed?
- Who should be its directors and officers?
- - Why?
- - What about their personal liability?
- - Should there be employees?
- - Should there be consultants?
- - Should there be compensation arrangements?
- What will be the organization's programs?
- - Will they be related? or unrelated?
- How will the organization achieve its' goals at the community level?
- - What will be the criteria for its members?
- How can the organization be exempt from Federal and State Taxation?
- How will it be funded?
- - By gifts?
- - By grants?
- Will it be public or private?
- To what extent will the gifts be deductible?
- What reports must be filed with Federal and State agencies?
- What are the state law fund-raising requirements?
- Should the organization engage in lobbying or political campaign activities?
- How many directors does the organization have?
- - What are their voting rights?
- - How is a quorum ascertained?
- - How is notice properly given?
- - What is the length and number of their terms of office?
- What officers are in organization?
- - What are their duties?
- - What is the length and terms of office?
- - Can more than one office be held by the same individual?
- How frequent must the governing board meet?
- - Will they meet in person?
- - Can board members vote by mail or unanimous consent?
- - Can they use proxies?
- What are members rights?
- - When must they meet?
- - What notice of the meetings must be given?
- - How can they vote?
- - What issues must be decided by members? By directors?
- - May there be an executive committee of the governing board?
- - Duties?
- - What limitations are there on its functions?
- What about an advisory committee?
- - Which are standing committees?
- How are the organization's governing instruments amended?
- What is the process for dissolving the organization?
- - For distributing its assets and net income upon dissolution?