Stephen Halasnik is a Managing Partner of Financing Solutions. Over the last 25 years, Stephen has built 6 companies and he passionately believes that every business should have a line of credit to turn to as cash back up plan. That belief, learned over years of working with banks for his own business needs, drove him to start Financing Solutions so credit lines could be easier to set up.
Can Nonprofit Organizations Lobby

Grantmaking Foundations: A Funding Option for Nonprofits  

Nonprofit Financing, Finance, Fundraising, Grants & Loans for Nonprofits Articles & Information

COVID-19 has brought several new challenges for the nonprofit sector, particularly in the United States. Nonprofit organizations still have an obligation to fulfill their charitable purposes and still need to […]

Read more...
Nonprofit boards

Why Do Nonprofit Organizations Fail?

Nonprofit Operations, Management, Leadership and Board Articles & Information

Passion only gets a nonprofit so far before it is faced with the numerous responsibilities tied to operating in the nonprofit sector. Nonprofit organizations have been steadily growing in numbers […]

Read more...
nonprofit 990

When are Nonprofit 990s Due

Nonprofit Accounting, Budgeting, Forecasting & Financial Reporting Articles & Information

Nonprofit 990 forms are required for certain nonprofits that are exempt from federal income tax. These nonprofits must annually file a Form 990 on the 15th day of the 5th […]

Read more...
nonprofit taxes

When are Nonprofit Taxes Due?

Nonprofit Tools, Tips & Financial News Articles & Information

There are many perks to operating a nonprofit organization, one of which is being exempt from federal income taxes according to the Internal Revenue Service (IRS) subsection 501(c). The tax […]

Read more...
Nonprofit boards

What to do When Nonprofit Boards Go Bad?

Nonprofit Operations, Management, Leadership and Board Articles & Information

Nonprofits typically sound simple in theory. People from all walks of life come under one mission and aim to reach the nonprofit’s goals. However, just like any group of people, […]

Read more...