Approximately 1.5 million in the U.S.
How many nonprofit organizations are there?
Individuals
What is the largest sources of donations in the nonprofit sector in the U.S?
Board of Directors
Who has the ultimate authority over and responsibity for a nonprofit organization?
The agency that you apply for 501(c)3 status with?
What is the IRS?
Religion and Education
What types of organizations do most people give?
10-12% of the population.
Approximately what percent of the population is employed by the nonprofit sector?
Donor pyramid
What is the graphic that is used to visualize giving and different groups of donors?
Duty of Loyalty
Duty of Obedience
What are the three legal duties of a board of directors?
What are the Articles of Incorporation?
Form 990
What does a nonprofit organization have to file annually?
As of April 2024, this represents what - $33.94/hour, according to Independent Sector
What is the value of a volunteer hour?
Utah
What state is the most charitable?
If a board member has a conflict of interest between a personal interest/where they work and the nonprofit program this can lead to a breach of which duty?
Duty of Loyalty
A nonprofit organization that is not required to file with the IRS.
What is a nonprofit organization with less than $$50,000 in gross receipts?
Budget of $250,000 or less and 6 or few employees?
$499.33 Billion in 2022
What is the total in charitable giving?
About 30% of Americas do this.
What is volunteer?
Hire, evaluate and fire the executive director.
What is one of the most important responsibilities of the board of directors?
What is Unrelated Business Income
Approximately 67% of donors also do this.
What is volunteer?
30% in the month of December
What time of year do most people donate?
What is the trend with total dollars donated and number of donors?
The Rule Book that guides a Board of Directors.
What are the by-laws?
Organizations with gross receipts of less than $200,000 and assets of less than $500,000 can do this annually.
Was started by 40 of America’s wealthiest people in 2010 including Warren Buffett and Bill and Melinda Gates?
What is the Giving Pledge?