The classic legal guide to nonprofit management, substantially revised and updated

Starting and Managing a Nonprofit Organization: A Legal Guide provides invaluable insight for non-lawyers who lead tax-exempt organizations. Written by the nation's foremost authority in the field, this book untangles the complexities surrounding nonprofit law to help you successfully navigate the road to compliance. From governance, compensation, and unrelated business, through IRS policy, constitutional law, Form 990 and beyond, this book is packed with critical information nonprofit leaders need to avoid the many legal traps and keep their tax-exempt status intact.

Updated to reflect the latest changes to an ever-evolving field, this new Seventh Edition features the most up-to-date laws and rulings alongside practical operational guidance to help you:

• Navigate the complexities of nonprofit tax law with plain-English explanations
• Understand the stringent rules surrounding reporting, charitable giving, governance, and more
• Discover the many recent changes in and additions to nonprofit law, and what they mean for everyday operations
• Demystify procedures, terms, and compliance issues that are essential for maintaining a tax-exempt status

Step-by-step instructions, checklists, a glossary, and a detailed index make it easy to find the answers you need, and straightforward discussion clarifies even the most impenetrable legalese. Starting and Managing a Nonprofit Organization is essential reading for anyone involved in nonprofit leadership and compliance.