Does your homeschool group need insurance on your officers?
Do homeschool nonprofit organizations need director and officer insurance?
Handouts for Fundamentals of Financial Management for Homeschool Groups
Slide Handout for Part One covering funding sources, budgeting and financial reports Slide Handout for Part Two covering money tips, fraud and annual reports to IRS and state Recommended reading Money Management in a Homeschool Organization by Carol Topp, CPA…
Financial guidelines for large and small homeschool events
We are working on our guidelines for members that coordinate our events. Could you please recommend the best way for us to handle the finances for these events?For example, someone plans a Craft Day, purchases items for the event and…
LIVE webinar on Finances for Homeschool Groups at no cost to you but your time!
I have been invited by the Herzog Foundation (who promote Christian education in all its forms, private, micro, homeschooling) to give two virtual training sessions on Financial Stewardship for Homeschool Organizations I feel like I am shoving 20+ years of…
Can a nonprofit save up funds and apply for tax exempt status later?
The IRS expects nonprofit organizations to apply within 27 months of formation.
EINs and individual information
EIN and individual information
IRS makes it easier to convert to a nonprofit corporation
For years I told small homeschool groups: “If you never incorporated as a nonprofit corporation in your state, then by default, your organization is an unincorporated association.” And I also told them that, “Unincorporated associations CAN apply for 501 tax…
Fundraisers for Classical Conversations communities
A Classical Conversations (CC) Director posted in a public social media forum this problem regarding fundraising: Our CC campus looked into fundraising but mostavenues did not work for us because we didn’t have nonprofit status. Wespecifically looked at Chick Fil…
Volunteer or donate plan in a homeschool co-op
Image by freepik Hi! I was wondering if my homeschool group can basically say, “In our homeschool co-op, we expect that every parent will volunteer at least 12 hours per semester per child. If you are unable to do so,…
Is our fundraising “Give or Get” goal OK?
“Hey Carol! I have a question for you. Discussing fundraising on your website you say, “I do know that it is not proper to “award” a family for raising more money than another family, nor is it proper to set…