Starting and Managing a Nonprofit Organization: A Legal Guide

by Bruce R. Hopkins

Nonprofits must comply with stringent federal and state regulations due to their special tax-exempt status; the government's ultimate threat is revocation of a nonprofit's tax-exempt status, which usually means the nonprofit's demise. Written in plain English, not "legalese," this book provides essential guidance for those interested in starting new nonprofits, as well as valuable advice for directors of established organizations. This easy-to-read resource contains essential information on virtually every legal aspect of starting and operating a nonprofit organization from receiving and maintaining tax-exempt status to tips for successful management practices.

The Fifth Edition includes updates to areas that have changed dramatically in the wake of new law. These areas corporate governance principles, compensation issues, private benefit doctrine, political campaign activity, the new form 990, endowment funds, and IRS audits activity.

Genres: Business, Nonfiction

364 pages, Paperback

First published January 19, 1989

Reviews

[Steve · Rating 4 out of 5]

Covers the basics necessary.

[Kara · Rating 5 out of 5]

I would recommend this book to anyone who is either on the board of directors or holds a director level position at any type of nonprofit organization. It is easy to read for the most part and provides great questions you should know the answer to about your organization as well as legal answers. There is a more updated version available.