A Line of Credit... Just in Case

Nonprofit files a 990

Where to Get Business Loans for Nonprofit Organizations

Article summary: Many people think there is no need for business loans for nonprofit organizations. On the contrary, nonprofits have revenue, payroll and expenses just like for profit businesses. However, commercial banks are no longer your only source for this type of funding. It’s important to know where to go, what terms you can expect, […]

Tags: , , , , ,

Read more

If Your Nonprofit Files a 990 You Can Get a Line of Credit

Understanding When and How Your Nonprofit Files a 990

Many people believe nonprofits have it easy. A volunteer workforce, government funding and not having to pay taxes seems like a dream come true. The truth, of course, is that you do have to pay your employees, funding is scarce and it’s necessary that your nonprofit files a 990 with the IRS. While there are […]

Tags: , , , , , , ,

Read more