WE MAKE IT EASY TO RUN A NONPROFIT
Find a team
It’s important to have a team of officers and other volunteers to spread out the work.
An organization’s bylaws provide the rules for how to operate.
Adopting a budget, and having financial controls in place, is key to operating properly.
You may need to update the signature cards for the organization’s bank account(s).
Reconcile & report
The bank account(s) should be reconciled monthly, with reports and bank statements available to all to review.
File on time*
The IRS requires 501(c) groups to file a 990-series tax return, and most states require an annual corporate report, fundraising and sales tax renewals.
RENOSI files required reports and registrations for its members so that they don’t lose their status.
* State filing fees may apply.