Publisher's Synopsis
Because of their special tax-exempt status, non-profit companies must comply with stringent US federal and state regulations. This study provides essential guidance for those interested in starting new non-profit organizations, 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 non-profit organization - from receiving and maintaining tax-exempt status to tips for successful management practice. The author takes a financial organization (Campaign to Clean Up America) through all the typical legal steps for organizing and qualifying as a non- profit organization. This 2nd edition is revised and expanded to include updated information on changes in laws, rules and regulations governing the nonprofit sector. It includes charts and tables as well as easy-to-use checklists and an expanded glossary of important legal terms
