Welcome to your daily briefing on nonprofit developments in Missouri. Today we're covering 8 key stories including updates on missouri nonprofit headlines, background & context. Let's dive in.
5 stories
Current Opportunities Resources Funding Guidelines LINK Online Grant Application FAQ PDF IRS Tax Determination Form PDF.
Relevant to nonprofit professionals operating in MO.
From the 1930’s to the Civil Rights movement to Black Lives Matter, Missouri has always confronted conflict and injustice with inspiring social activism. It’s no surprise then that the “Show-Me” state has a flourishing nonprofit sector,….
Relevant to nonprofit professionals operating in MO.
Comprehensive solutions (and free resources) to help manage your fundraising, tax exemption, license renewals, and other nonprofit compliance activities in Missouri, and across the US.
Relevant to nonprofit professionals operating in MO.
(missing).
Relevant to nonprofit professionals operating in MO.
File Form 990 notices and returns securely and safely with Simple990. Organizations love the speed and simplicity that Simple990 offers Form 990 filers.
Relevant to nonprofit professionals operating in MO.
Reach professionals in this market
3 stories
Unrelated business income tax applies when an activity is regularly carried on, is a trade or business, and is not substantially related to the exempt purpose. Common surprises: corporate-sponsored events with naming rights that look like advertising, affinity credit-card royalties that include co-marketing services, and gift-shop sales of items unrelated to the mission.
UBIT exposure can cost both tax and exempt status if the unrelated business becomes substantial. The line between sponsorship (excluded) and advertising (included) is narrow and case-specific.
Most states require charities soliciting donations from their residents to register before solicitation, regardless of where the charity is based. "Solicitation" includes web fundraising pages accessible to residents, not just direct mail. Compliance gaps surface during state attorney-general inquiries or unrelated litigation discovery.
Penalties range from civil fines to suspension of solicitation rights in the state. Larger consequences include negative coverage in donor research databases that fund foundation grants.
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.
Get Missouri nonprofit intelligence delivered to your inbox every morning.
Subscribe FreeView all past issues
Feature your brand across the U.S., Canada, and select international markets and 10 industry verticals.
Become a National Partner