Nonprofit tax exemption 101

In the world of nonprofits, knowing how tax exemptions work can make or break your organization. No matter if you’re an experienced leader or just starting out, this blog will help you understand the impact of tax exemption, how to apply for it, and how to maintain your nonprofit’s compliance. It’s not just about tax […]

What are nonprofit bylaws? Everything you need to know

Nonprofit bylaws are one of the many requirements for nonprofits that are officially setting up their organization. Most people write off the nonprofit bylaws requirement as complicated legalese, but you could take this as an opportunity to set your nonprofit up for future success with clear guidelines!

How to incorporate a nonprofit

Did you know that incorporating your club, shared interest group etc. as a nonprofit is critical to avoiding federal taxes on income from member fees and event tickets? If you’re unfamiliar with the nonprofit incorporation process, don’t worry – we’ve got you covered.

What’s an EIN and how do I get one for my nonprofit?

You’ve probably seen the term EIN if you’re in the process of incorporating a nonprofit, or trying to file your annual taxes. If you haven’t, that’s ok too! It’s simple; EIN stands for “employer identification number,” and it plays an essential part in setting up your club or organization properly. It’s required even if your organization doesn’t have employees.

6 tips for managing your sports team’s finances

When it comes to managing your sports team’s funds, you gotta getcha head in the game Managing your sports team’s funds can be challenging, especially if you are relying on volunteers with little financial experience. Mismanagement of your team’s funds could jeopardize your group’s ability to keep playing the sports that you love. So, what […]

What does a treasurer do for a nonprofit organization?

If you’re considering starting a nonprofit club or are already leading one that’s growing, it’s crucial to understand the significance of effective financial management. Even for small clubs, managing finances can be overwhelming without the right person in charge. That’s where a treasurer becomes essential. A treasurer is a critical member of any nonprofit organization who is responsible for managing and overseeing its finances. The treasurer’s role includes keeping track of income and expenses, preparing budgets, and organizing financial reports. By performing these duties, the treasurer plays a crucial role in ensuring a nonprofit’s financial stability. In this article, we will discuss the role of a treasurer in a nonprofit organization in detail, including their responsibilities and how to elect the best person for the job.

Crowded Raises $6M Seed Round

We are excited to announce our latest round of funding and some of our future plans for Crowded.