Welcome to your daily briefing on nonprofit developments in Georgia. Today we're covering 6 key stories including updates on georgia nonprofit headlines, background & context. Let's dive in.
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The Georgia Center for Nonprofits has published an updated monthly roundup of support opportunities for organizations in the state.
This resource helps GA nonprofit professionals identify timely funding and support options to advance their mission work.
Georgia’s Own Foundation, Inc. is funding nonprofit organizations that meet its community involvement objectives.
GA nonprofit leaders can apply for funding by aligning their work with the foundation's community goals.
A Georgia consumer resource warns that some charitable contributions may be lost to professional fundraisers or administrative costs, or given to nonexistent organizations.
Nonprofit professionals in GA can use these consumer protection insights to audit their own administrative practices and ensure donor funds are utilized effectively.
Reach professionals in this market
3 stories
The streamlined Form 1023-EZ is available only to organizations meeting specific limits on projected revenue, assets, and activity types. Filing 1023-EZ when ineligible produces a determination that is technically valid but vulnerable to retroactive revocation if discovered. The full 1023 is harder to file but harder to challenge.
Loss of exemption is retroactive to the original determination, exposing the organization to back-tax liability. The eligibility checklist is the only protection.
Donor-restricted gifts must be tracked separately and used only for the restricted purpose; using them for general operations — even with intent to "pay back" later — is a fiduciary breach and an audit finding. The most-common fact pattern: cash-flow shortage in operations, restricted-grant balance available, transfer "borrowed" with no formal repayment plan.
State attorneys general have authority over restricted-gift compliance and have pursued individual board members and executives. Auditors are required to disclose restricted-fund violations in the management letter.
Form 990 is required to be made public by the filing organization on request and is indexed by ProPublica and others within weeks of filing. Sections most boards underestimate: Schedule J (top-staff compensation), Schedule L (transactions with interested persons), and Schedule O (narrative explanations that "soften" other answers). Donors and reporters read these.
Items that read fine in management's narrative often read very differently in print. Pre-filing review by a non-finance board member catches optics issues that a CFO will not.
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