Category: 501c3 Tax Exempt Status

Six more things you must know before starting a nonprofit. Part 2: A Nonprofit Organization is Complex

8/31/2020

Part one of the “Must Read Series for Nonprofit Founder” talked about the governing structure of a charity and the Board of Directors. Now we’ll look at ways that charities are different from for-profit businesses and how starting a charity is more complex.

It is expected charities will supersede the originating founder and Board of Directors. If there is not a long-term need for an organization, then the proposed services should be taken up by an existing charity.
The Board of Directors is legally responsible to make decisions in the best interest in the long-term sustainability of the organization.

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Mentor Kimberly Massey

In addition to my work in the social impact field, I have a great husband of 27 years and an incredible 20 year old daughter. Our family lives in central Mississippi and we provide a loving, but sometimes chaotic home to two awesome dogs and a turtle.

I don't know any other way to describe my interest in social issues, equity, and health improvement other than "passionate." I am imperfect but believe in forgiveness for myself and others. I believe that if you care about a person or issue, you should never give up. I have been described as tenacious, but it may not have been a compliment.

Please, join in with your thoughts, questions, or cares. We are all in this great world together, and we are better for walking the journey as friends.

HOW TO START A LIFE-CHANGING NONPROFIT

Six more things you must know before starting a nonprofit. Part 2: A Nonprofit Organization is Complex

Mentor Kimberly Massey

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