You have your mission statement, your organization’s name, and a great idea for a nonprofit...You’re almost ready to roll! Except, you are stumped on who should be on your board of directors. Every organization is different, therefore all boards are comprised differently. However, be sure to avoid these common mistakes people make when choosing people to serve on their organization’s board of directors.
Many people are aware that they need to file their annual 990 form at the end of the year with the IRS in order to keep their 501(c)(3) status. But did you know that you might also have to submit an annual report to your Secretary of State?