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Reply To: Nonprofit dissolution — required records to archive?

Hi Michael and Mark…I have been through this – twice! – and we followed the same retention periods that were in place when the organization…

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Reply To: Checklist / costs for closing down?

@Gwen Propel developed a guide here is a link to the web page https://propelnonprofits.org/resources/strategic-sunsetting/

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Reply To: Does anyone self-insure for Unemployment Tax

Hi Holly…you ask a good question and just happen to be stumbling upon a fellow North Carolinian! I have generally seen more organizations opt to…

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Reply To: Checklist / costs for closing down?

Gwen: Back when I was writing my graduate thesis (late 1990s), I interviewed a number of nonprofit reps who had been in an organization that…

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Reply To: Nonprofit dissolution — required records to archive?

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…

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Reply To: Experimenting with AI: Potential Benefits & Pitfalls

I’ve gotten good mileage out of AI (while also taking my two grains of salt). It has helped me to write, brainstorm, and proofread. It…

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Individual Donor Funded – Resources List

The “contract” between a nonprofit and its donor base requires specific structure and infrastructure, and comes with two major risks.

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Checklist / costs for closing down?

Has anyone been through the exercise of costing out the process of closing down? Though happily, I haven’t had to do this and hope not…

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Does anyone self-insure for Unemployment Tax

After 12 years, we are finally large enough to become employees vs. independent contractors. I’m trying to set up the payroll and have encountered a…

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Nonprofit dissolution — required records to archive?

I’m assisting a nonprofit child care center with its dissolution. One thorny situation left unresolved by legal and accounting counsel is what specific records must…

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