• Mark_Hager

    Member
    January 10, 2024 at 1:59 pm

    Michael: I’ve kept one eye on the nonprofit dissolution question the last couple decades, but I can’t say I’ve seen clear legal guidance on what must be kept. The National Council on Nonprofit keeps a pretty nice summary of general considerations (https://www.councilofnonprofits.org/running-nonprofit/governance-leadership/dissolving-nonprofit-corporation), but there’s nothing in particular there about how long records must be kept. I’d guess there might be general guidance relating to corporations that could vary from state to state.

    If you were in the big city, I’d suggest hiring a vendor that would scan all those documents down into a thumb drive. I don’t know if that’s an option where you are —

    Mark

On October 8, 2025, Join Us for a National Town Hall on the Financial State of the Nonprofit Sector

Nonprofit GPS is a new, action-based community designed to help nonprofits navigate today’s disrupted revenue landscape. Built in consultation with organizations nationwide, it focuses on the real financial challenges nonprofits face — business model risks, capital management, budgeting, governance, and more. Together, we’ll share practical strategies and highlight bright spots of practice that strengthen missions, even in the most disruptive times.

At this event you will hear: an analysis of the current economic landscape for nonprofits and the implications for practice; what array of critical new resources will be offered by Nonprofit GPS over the next three months and beyond; and how to become involved as a practice leader in this community.

Join a space designed to foster support, inclusivity, and respect for every voice.

Ask questions, share experiences, and connect with peers and experts who value your insights. Your contribution is invaluable - forum members bring a wealth of knowledge and experience, crucial for mutual growth and learning. We cherish your expertise and would love to have you enrich our forum! Let's build together, learn together, and support one another.