Many nonprofits see IRS Federal Form 990 as an informational return that they send to the IRS every year, but in reality, the Form 990 is much more than that. Your organization’s 990 is open to public inspection, which means that your current and prospective donors may have access to at least the last three years of your organization’s 990s. Using the Form 990, donors can learn about your organization’s governance (or lack thereof), operations and programs.
Everyone starts somewhere, even nonprofit board members. Serving on a board is not only gratifying, but it also gives you an opportunity to share and develop your expertise and skills to help an organization grow. As a board member, you will grow your professional network by making new contacts and building connections with new businesses and organizations.
Nonprofits spend a lot of time and effort looking for donors. However, for all the effort put into attracting and getting gifts from new benefactors, many organizations drop the ball when it comes to retaining those who have given in the past. While it is important to continually attract new donors to your nonprofit, your organization must be cognizant of whether new donors are giving past their initial contribution.