If you’re considering starting a nonprofit or just recently founded one, you likely have a lot on your plate. From financial challenges to meeting all your goals, you’ll inevitably need some help in the form of staff members and volunteers. One thing you’ll need to consider is hiring or appointing a registered agent. A registered […]

It's important to distinguish between a nonprofit and a family-owned business. A nonprofit conducts business without shareholders or a motive to make a profit. It is a sole entity that may have been started by a family or various family members. While family members can be involved in a nonprofit, there is a caveat. The […]

The requirements regarding the minimum amount of board directors in the USA vary by state. Mostly, it is either 1 or 3 (with the exception of New Hampshire, where five members are required). Minimum Board members for all states: State Minimum Board members Alabama 1 Alaska 3 Arizona 1 Arkansas 3 California 1 Colorado 1 […]

Recent statistics suggest that over 1.5 million nonprofit organizations exist in the United States, and for good reason. It’s important to note, though, that the label ‘nonprofit’ can be pretty deceptive. Just because an organization is founded as a nonprofit doesn’t mean it can’t make money. So, can the founder of a nonprofit receive a salary? […]