We previously discussed 4 of the larger changes that the Nonprofit Revitalization Act makes. In this post, we follow-up with 6 additional provisions every nonprofit should take into consideration.
1. Elimination of Types.
Rather than having the four “letter types” of not-for-profit corporations (Types A, B, C, and D) the law will be simplified to have two categories of nonprofits: charitable and non-charitable.Read more . . .