Los Angeles Business Law

Can Nonprofits Hire Employees?

EMPLOYEES OF NONPROFITS Many nonprofits hire employees as staff to provide programs, conduct fundraising, maintain accounting, file taxes, and other services.  The nonprofit has the same legal obligations to its employees as any private business corporation, such as prohibitions against discrimination and harassment.  The nonprofit corporation is also obligated to report employee’s income and make [...]

By |2020-03-27T12:44:22-07:00March 26th, 2020|Business Law|Comments Off on Can Nonprofits Hire Employees?

Regulation of Nonprofit Organizations

THE ATTORNEY GENERAL IS RESPONSIBLE FOR THE REGULATION OF NONPROFIT ORGANIZATIONS The California Attorney General is responsible for the regulation of nonprofit organizations for public policy reasons.  The Attorney General represents all the public beneficiaries of charity, who cannot sue in their own right.  Therefore, all charities must register with the Attorney General and the [...]

By |2020-03-22T12:59:08-07:00March 22nd, 2020|Business Law|Comments Off on Regulation of Nonprofit Organizations

How Do Nonprofits Make Money?

NONPROFIT FUNDRAISING How do nonprofits make money? Nonprofits conduct fundraising activities. In order for donors to deduct their charitable contributions, the IRS guidelines require that the taxpayer donor show that the amount claimed as a deductible gift to charity is more than the fair market value of any benefit received.  Moreover, it is important that [...]

By |2020-03-20T23:20:13-07:00March 20th, 2020|Business Law|Comments Off on How Do Nonprofits Make Money?

Nonprofit Public Benefit Corporation

WHAT ARE MEMBERS OF THE NONPROFIT PUBLIC BENEFIT CORPORATION? Membership for a Nonprofit Public Benefit Corporation is optional.  The reasons for providing membership in a nonprofit include: (1) Attract funds through membership, or (2) Establish support in the community.  However, many administrative burdens are associated with forming a membership organization and it is more common [...]

By |2020-03-20T22:42:39-07:00March 20th, 2020|Business Law|Comments Off on Nonprofit Public Benefit Corporation

Unemployment Benefits, Disability Benefits, & Paid Family Leave Due To Coronavirus

This post will discuss the current available unemployment benefits, disability benefits, and paid family leave due to coronavirus.  At the time of this writing there are many relief packages and legislation being passed in order to respond to the economic impact of this pandemic.  Procedures and laws may have changed.  You are encouraged to speak [...]

By |2020-03-30T10:40:46-07:00March 16th, 2020|Business Law, Coronavirus Legal Resources|Comments Off on Unemployment Benefits, Disability Benefits, & Paid Family Leave Due To Coronavirus

How Does A Nonprofit Organization Maintain Tax Exempt Status?

TAX EXEMPT STATUS Annual financial reports must be submitted to the IRS and the California Franchise Tax Board to maintain a nonprofit organization's tax exempt status.  The board of directors should review the corporation’s annual IRS and State filings before submitted.  Often, the nonprofit will retain an independent accountant to conduct a review of the [...]

By |2020-03-13T22:31:50-07:00March 13th, 2020|Business Law|Comments Off on How Does A Nonprofit Organization Maintain Tax Exempt Status?