To keep nonprofit status, organizations must file a Form 990 for three consecutive years by May 15. The deadline was extended to July 15 this year due to COVID-19. It appears that many who filed by July 15 still lost their tax-exempt status if they submitted their forms after May 15.

Margit Brazda Poirier is the founder of Grants4Good, an organization that helps nonprofits find, apply for, and secure grants. This means Margit’s work isn’t just vital for nonprofits – it facilitates investment in programs that build healthy communities around the country.

When most people think of concepts like return on investment, talent acquisition, and scaling, for-profit businesses immediately come to mind. But we often have different expectations for nonprofits – many expect to see low overhead, employees taking lower salaries, and so on. After all, they’re called nonprofits for a reason, right?

One of the top priorities for any effective charitable organization should be securing and maintaining nonprofit status. Official recognition by the U.S. government allows nonprofits to operate tax-free, receive tax-deductible donations, and apply for a wider range of public and private grants.

November 3rd marks the next U.S. presidential election, and nonprofits have a critical role to play in boosting voter turnout. At a time where political parties, candidates and interest groups spend billions of dollars on elections, the social sector still has influence and an opportunity to make a difference at each step in the voting process.

For many nonprofits, grants are important resources that help fund access to essential technologies. The government, foundations, and private companies all offer funding to help nonprofits make technological advancements within the organization to support daily operations and extend the reach of services.