Nonprofit Sector
The two broad categories in the nonprofit sector.
The application fee to file Form 1023, Application for recognition of Exemption.
What is $600?
What is Taxpayer Bill of Rights 2?
Modern tax-exemption law can trace its roots to England with the passage of this law in 1601.
What is Statute of Charitable Uses?
This organization's mission is "connecting and empowering our community through food."
Who is Beacon of Hope?
The most common type of nonprofit under the US Tax Code.
What is a 501(c)3?
One of the 4 types of organizations that are exempt from filing the 1023.
Name of the top leader in a nonprofit
Who is Executive Director or CEO?
This Supreme Court case in 1924 ruled that tax-exempt organizations were permitted to run profit-making enterprises provided that the net profits were funneled to tax-exempt purposes.
What is Trinidad vs. Sagrada?
This organization's mission is "to promote and facilitate healthy, safe, and affordable housing through advocacy, education, and resource development."
What is Community Housing Coalition?
This is one of the 5 things that, according to Salamon and Anaheier (1996) all nonprofits have in common.
Board Members should NOT vote when _______ are at issue
What are Conflicts of Interest?
Volunteers that provide strategic direction for organization and supervise the Executive Director?
Who are the Board of Directors?
This form is meant to provide a standardized process that charities can use when they are required to submit information to many states with respect to solicitation activities.
What is the URS (Unified Registration Statement)?
This organization's mission is "to unite people and inspire communities" by delivering the world's most exciting sports and entertainment experience, while also upholding the integrity and evolving the game of football for long-term success."
Who is the National Football League?
The statement that explains the purpose of a nonprofit organization
What is the mission statement?
The law that states that officers, directors, employees and members of a corporation are not personally liable for lawsuit judgements and debts of the organization, except for in unusual circumstances.
What is limited liability?
This legal duty of a board member states that board members must act in the best interest of the organization.
What is Duty of Loyalty?
This provision of the Personal Responsibility and Work Opportunity Act of 1996 allowed religious-based social service organizations to receive federal funding.
What is the "Charitable Choice" provision?
This organization's mission is to develop, improve, and conserve natural resources and to provide employment and other economic opportunities to the people of an eight-county area of Western North Carolina
Who is Mountain Valleys Resource Conservation and Development Council?
What acronym is used for global nonprofits?
NGO - non governmental organizations
The name of the tax form for nonprofits with income higher than $25,000.
What is the 990?
Types of nonprofit that can do lobbying
What are 501c4 or 501c6?
Due to the 2010 Supreme Court Decision, Citizens United vs. FCC, applications for this type of tax-exempt status doubled due to the fact these organizations are not required to disclose their donor's names.
What is 501(c)4?
This organization champions the well-being of children and families by fostering innovative change that weaves a fabric of resilience in homes, schools, and communities.
Who is Crossnore Communities for Children?