Resources

Nonprofit
Compliance & Strategy

Resources on IRS requirements, compensation compliance, and financial best practices for nonprofit professionals.

25%

First-Tier Excise Tax

200%

Second-Tier Penalty

3-Prong

Safe Harbor Test

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Compliance
12 min read

IRS Comparability Data Requirements

Under IRC Section 4958, the IRS can impose excise taxes on nonprofit executives who receive unreasonable compensation. The rebuttable presumption of reasonableness — commonly called safe harbor — protects organizations that follow specific comparability data procedures. Here is what you need to know.

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Compensation Analysis
14 min read

Is My Nonprofit CEO Overpaid?

Nonprofit boards have a fiduciary duty to ensure executive compensation is reasonable. But what does "reasonable" actually mean — and how do you know if your CEO's pay crosses the line? This guide walks through the IRS framework, benchmarking methods, red flags, and the step-by-step process every board should follow.

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Financial Benchmarks
14 min read

Nonprofit Overhead Ratio

The overhead ratio — the share of spending that goes to administration and fundraising rather than programs — is one of the most widely cited metrics in the nonprofit sector. It is also one of the most misunderstood. Here is what it actually measures, where it comes from on Form 990, and why a fixation on low overhead can do more harm than good.

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Form 990 Basics
15 min read

How to Read a Form 990

IRS Form 990 is the most detailed public window into any nonprofit's finances, governance, and operations. But at 12 parts and dozens of schedules, it can feel overwhelming. This guide walks through each section in plain language so you know exactly where to look — whether you are a board member, donor, journalist, or researcher.

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Form 990 Basics
14 min read

Form 990 Schedule J Explained

Schedule J is where the real compensation story lives. It breaks down pay for officers, directors, trustees, key employees, and highest compensated employees — detailing base salary, bonuses, retirement contributions, and nontaxable benefits that Part VII only summarizes. Understanding Schedule J is essential for boards setting pay, donors evaluating nonprofits, and organizations staying compliant with IRS rules on reasonable compensation.

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Compliance
14 min read

Compensation Safe Harbor

When a nonprofit board sets executive pay, it takes on significant legal risk. If the IRS determines compensation was unreasonable, excise taxes of 25% — and potentially 200% — apply under IRC Section 4958. The rebuttable presumption of reasonableness, commonly called safe harbor, is the primary legal protection. It does not guarantee compliance, but it shifts the burden of proof to the IRS. Here is how to establish it, maintain it, and avoid the mistakes that undermine it.

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Compliance
14 min read

Excess Benefit Transactions & Intermediate Sanctions

Before 1996, the IRS had only one tool when nonprofit insiders received excessive compensation or sweetheart deals — revoking the organization's tax-exempt status entirely. IRC Section 4958 changed that by creating intermediate sanctions: excise taxes imposed directly on the individuals who benefit, not the organization. Understanding these rules is essential for every nonprofit board member, executive, and advisor.

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Donor Due Diligence
14 min read

How to Evaluate a Nonprofit

Giving to a nonprofit is an investment in a mission you believe in. Like any investment, it deserves due diligence. This guide walks through the financial metrics, governance indicators, and public records you can use to evaluate whether a nonprofit is well-run — and whether your dollars will be put to good use.

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Compensation Analysis
14 min read

Can Nonprofit Board Members Be Paid?

Yes — federal law does not prohibit compensating nonprofit board members. But board compensation triggers IRS scrutiny under IRC Section 4958, requires Schedule J reporting, and creates inherent conflicts of interest. Only about 3% of nonprofits pay their directors. Here is what boards and executives need to know before compensating directors.

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Financial Benchmarks
14 min read

Program vs. Administrative Expenses

Every 501(c)(3) filing a Form 990 must classify its expenses into three functional categories: program services, management & general, and fundraising. How you allocate those costs shapes your overhead ratio, affects funder confidence, and determines whether your financial statements comply with GAAP. Here is how functional expense classification works — and where nonprofits most often get it wrong.

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Compensation Analysis
14 min read

Nonprofit Executive Compensation Benchmarking Guide

Setting executive compensation is one of the board's most important fiduciary responsibilities — and one of the most scrutinized by the IRS. This guide walks through how to benchmark nonprofit executive pay using Form 990 filings, compensation surveys, and the IRS comparability process, step by step.

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Form 990 Basics
10 min read

What Is IRS Form 990?

Every year, most tax-exempt organizations in the United States must file an information return with the IRS. That return — Form 990 — is one of the few federal tax documents that is entirely public. It discloses an organization's revenue, expenses, assets, executive compensation, governance practices, and program accomplishments. Whether you are a nonprofit board member, donor, journalist, or researcher, understanding Form 990 is the starting point for evaluating any tax-exempt organization.

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990 Forms & Filing
14 min read

The 4 Types of Form 990: 990, 990-EZ, 990-PF, 990-N Explained

Every tax-exempt organization in the United States must file some version of the IRS Form 990 each year. But not all 990s are the same — the IRS offers four variants, each designed for different types and sizes of organizations. Filing the wrong one can trigger penalties or even automatic revocation of tax-exempt status. Here is what each form covers and who needs to file it.

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Compliance
14 min read

Form 990 Filing Deadlines and Extensions

Every tax-exempt organization must file an annual return with the IRS — and missing the deadline can trigger daily penalties, personal liability for officers, or even automatic loss of tax-exempt status. This guide covers due dates for every 990-series form, how the automatic 6-month extension works, penalty amounts, and what to do if your organization falls behind.

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