There is no “I” in Team: Common Private Benefit Problems for Booster Clubs

Booster clubs are commonly used by parents and students to help offset the costs of school or extracurricular activities such as participation in an athletic team, marching band, or academic decathlon team. Booster clubs are often parent controlled and formed; may conduct fundraising through a variety of efforts such as car washes, general solicitations, and corporate sponsorships; and may involve […]

Compensation Strategies and Best Practices for Nonprofit Organizations – Part Two

“Best Practices in Nonprofit Compensation” The laws regarding nonprofit compensation are another element that can make compensation a disliked topic in an organization. The penalties are severe and there are no precise formulas for generating a compensation plan. With public charities, the IRS mainly focuses on certain individuals such as directors and key employees. Excess […]