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What is an IRS Determination Letter

What is an IRS Determination Letter?

folder_openFinancial Management for Nonprofits, Nonprofit Terms
An IRS Determination Letter is the official written recognition from the Internal Revenue Service that your organization qualifies as tax-exempt under section 501(c)(3) (or another applicable section) of the Internal Revenue Code. This letter confirms: ✅ Your nonprofit’s tax-exempt status ✅ Donations to your organization may be tax-deductible ✅ You can access certain grants and…
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How Dollar For is Transforming Medical Debt Relief

How Dollar For is Transforming Medical Debt Relief

folder_openNonprofit Spotlight, Podcast
In this episode of the Charity Charge Show we chat with Jared Walker, the founder of Dollar For, to discuss the organization’s mission to alleviate medical debt through a comprehensive database of hospital charity care policies. He explains how Dollar Four automates the application process for patients, the challenges of funding through philanthropy, and the…
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Financial Accounting Standards Board

FASB Standards: Nonprofit Accounting Rules

folder_openFinancial Management for Nonprofits, Nonprofit Terms
The Financial Accounting Standards Board (FASB) is an independent, private-sector organization that establishes and improves accounting standards for entities that operate in the United States. Its mission is to ensure that financial reporting provides useful, clear, and consistent information to investors, donors, creditors, and other stakeholders. For nonprofits, FASB is the authority that defines how…
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Understanding Donor-Restricted Contributions

Understanding Donor-Restricted Contributions: A Guide for Nonprofits

folder_openFinancial Management for Nonprofits, Nonprofit Terms
Donor-restricted contributions are gifts or donations made to a nonprofit organization with specific instructions or limitations on how the funds can be used. These restrictions are set by the donor at the time the gift is made and must be honored by the organization. For example, a donor may specify that their $10,000 contribution be…
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Microsoft for Nonprofits - A Full Breakdown

Microsoft for Nonprofits: A Full Breakdown

folder_openTechnology for Nonprofits
When it comes to empowering nonprofit organizations with the right technology, Microsoft for Nonprofits stands out as a leading solution. Through tailored programs, discounted services, and grants, Microsoft helps nonprofits maximize their impact, drive efficiency, and improve collaboration. In this guide, we’ll break down everything you need to know about Microsoft for Nonprofits — from…
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Chart of Accounts - Nonprofit Guide

Chart of Accounts: A Complete Guide for Nonprofits

folder_openFinancial Management for Nonprofits, Nonprofit Terms
In the world of nonprofit finance, organization is everything. A Chart of Accounts (COA) acts as the blueprint for your accounting system, categorizing each transaction so you always know where your money is coming from and how it’s being used. Whether you’re applying for grants, preparing for an audit, or managing internal budgets, a well-structured…
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Portland Nonprofits

15 Portland Nonprofits Strengthening Communities

folder_openNonprofit Spotlight
Portland nonprofits are at the forefront of driving meaningful change across the city — tackling everything from food insecurity and homelessness to environmental sustainability, education equity, and community health. These organizations are deeply embedded in the fabric of Portland, offering vital services, resources, and support to individuals and families in need. What makes Portland’s nonprofit…
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Silent Auction Software Tools for Nonprofits

7 Silent Auction Software Tools for Nonprofits

folder_openTechnology for Nonprofits
Silent auction software has become an essential tool for modern fundraising, empowering nonprofits, schools, and community organizations to host seamless, engaging events—both in-person and online. While traditional silent auctions once relied on clipboards and paper bids, today’s digital landscape demands intuitive, mobile-friendly solutions that enhance the donor experience and maximize fundraising potential. In this guide,…
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