5 Things Nonprofits Should Know About Ballot Measure Advocacy in California

Published on: May 7, 2014May 12, 2014 by Michele Berger

Ballot measure advocacy can be an important and powerful way to advance an organization’s mission and purpose. Last week, the Alliance for Justice hosted a Webinar to discuss the ways in which a 501(c)(3) organization may engage in ballot measure advocacy. Here is a list of 5 things nonprofits should know about advocating for […]

Dissolution and Transfer of Remaining Assets: An Alternative to Merger

Published on: April 17, 2014February 13, 2017 by Michele Berger

Organizations may decide to merge for multiple reasons, including to better advance a common purpose or to expand the range of services offered to common beneficiaries. In a merger of two nonprofit corporations, the surviving corporation assumes all of the assets and liabilities of the disappearing (merged out) corporation. But there is an alternative way […]

IRS: When Charities Lose, Everybody Loses

Published on: September 23, 2010 by Gene Takagi

Tax-exempt organizations that fail to satisfy annual filing requirements for three consecutive years automatically lose their tax-exempt status. The IRS is providing one-time relief that will allow small exempt organizations to come back into compliance and retain their tax-exempt status even though they failed to file for three consecutive years. If an organization loses its […]

Inactive Organizations & Revocation of State Tax Exemption – California FTB

Published on: August 6, 2010 by Gene Takagi

I recently responded to a comment on a listserv regarding an action by the California Franchise Tax Board (FTB) to revoke a charity's state tax-exempt status for reporting no income on its annual registration renewal for several years running. The charity reported zero income between 2006 and 2009, resulting in the FTB revoking tax-exempt status […]

Nonprofit Mergers – Due Diligence Items

Published on: January 21, 2010February 1, 2020 by Gene Takagi 1 Comment

I had a nice opportunity today to talk with the folks at La Piana Consulting, a national firm dedicated to strengthening nonprofits and foundations, about nonprofit mergers from a legal perspective. La Piana Consulting was founded by David La Piana, a leading expert on strategic restructuring – including mergers, joint ventures, consolidations, and joint programming […]

Tweets of the Week – 1/15/10

Published on: January 15, 2010 by Gene Takagi

Here are some of my favorite tweets of the past week: GTak: Hybrids: B corporation … L3C … H corporation? http://bit.ly/4X9NZq (Cal Lawyer); http://bit.ly/8nLMoN (Katovich Law) GTak: CA FTB Update: Sending revocation letters to nonprofits that have been suspended – if revoked, need to reapply w/Form 3500 (not 3500A) GTak: CA AG Update: Franchise Tax Board will be notified of suspension/revocation of […]

Tweets of the Week – 1/8/10

Published on: January 8, 2010 by Gene Takagi

Here are some of my favorite tweets of the past week: GTak: @p2173 Bioviolence: a terrifying forecast. How should nonprofits prepare for trends we don't want to think about like terrorism & pandemics? GTak: IRS – Statistical Information About Tax-Exempt Organizations - http://is.gd/5Ox3w GTak: Q: What's a "church" under federal tax laws? A: See this 2009 case - http://bit.ly/4MGmHs […]

Department of Treasury 2009-2010 Priority Guidance Plan

Published on: January 4, 2010 by Gene Takagi

The joint Department of Treasury/IRS priority guidance plan for 2009-2010 (10/1/09 – 9/30/10) includes the following items of interest to tax-exempt organizations: Revenue procedure to provide terms for hosts of CyberAssistant software (used to generate Form 1023 exemption applications for a reduced user fee). Final regulations on the new requirements for Type III supporting organizations. […]