Introduction and Overview

CONSEQUENCES OF FAILURE TO COMPLY

The compliance manual that accompanies the “favorable determination letter” that the IRS will ultimately issue provides that the organization’s continued tax-exempt status will depend on its compliance with the applicable requirements “in operation”. The IRS is ex…

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Welcome

Allow me to introduce myself.

My name is Mike Goulding, and I’m the Chief Executive Officer ("CEO") of Nonprofit Guru LLC.

I am a nonprofit governance consultant, which basically means that I help the directors and officers of nonprofit organizations to “govern” t…

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FOR-PROFIT VS. NONPROFIT

n our capitalist economy, businesses are generally designed and operated to earn a profit. These for-profit entities typically sell products or services that are in demand, and they are required to pay income tax on their net income. Any profit that they earn typi…

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TWO INITIAL STEPS TO CREATE A TAX-EXEMPT NONPROFIT

Maybe you have already established a nonprofit corporation, or you are considering creating one to serve a purpose—a Mission—to improve the world in some significant way. There are two initial steps to the creation of a charity. The first step is to identify the M…

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OPERATIONAL COMPLIANCE--THE ONGOING OBLIGATION

The IRS and your state government expect your new nonprofit to begin operating like a tax-exempt corporation as soon as it's incorporated. In fact, the IRS review of whether your nonprofit deserves tax-exempt status begins on the date of incorporation, and its fav…

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Need Help with Your Nonprofit?

Contact us to schedule a free no-obligation consultation and see how we can help you and your organization to thrive! We will respond promptly to set up a video conference at a mutually-convenient time. 

NLLI is registered as a California nonprofit public benefit corporation and as a law corporation authorized by the State Bar of California to practice law in its corporate name and recognized by the IRS as a tax-exempt public charity under section 501(c)(3) of the Internal Revenue Code.