Mistakes? Oh no!

The following lists some of those issues, in no particular relevance or order:

  • Poor choice for organization name;
  • Unqualified individuals serving as officers on the board of directors; (make sure BOD officer knows laws required)
  • Lack of a Mission Statement or Vision Statement;
  • Lack of properly executed program description;
  • Obtaining EIN at the incorrect time;
  • Lack of “primary” individual at the helm;
  • Not hiring qualified staff to manage day-to-day organization activities;
  • Failure to document board meetings, votes, and agreements; poor planning and record keeping;
  • Shortage of qualified funding for organization management;
  • Poorly designed fundraising techniques;
  • Not recognizing that “tax-exempt” does not mean “nonprofit!”

These are some of the issues that often arise when developing and running a nonprofit organization. For suggestions in resolving such issues, check back here every week for new articles and information!

Have a question or need help setting up your tax-exempt, 501(c)(3), nonprofit organization? Call us at Email us directly, and we’ll get back with you ASAP! Just click HERE to send an email!

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