Starting Your Own Nonprofit Organization (MindEdge) – Course Code M1201SP
Estimated length: 4 hours
Access Time: 90 days
This course is a how-to guide for anyone who’s got a great idea about how to give back to the community—but doesn’t know how to turn that idea into a reality. The course begins by considering a fundamental question: Is starting a nonprofit the best way to achieve your philanthropic goals? For those who answer “Yes,” the course then discusses the key steps in getting a nonprofit off the ground, including incorporating your organization; applying for tax-exempt status; drafting a business plan; choosing a board of directors and writing bylaws for the organization; recruiting employees and managing volunteers; and addressing the crucial issue of fundraising. Rich with videos and interactive content, this course provides a detailed and highly practical introduction to the fast-growing world of nonprofits.
After completing this course, you will be able to:
Articulate the advantages and disadvantages of starting a nonprofit organization
List and describe the alternatives to a nonprofit structure
Distinguish between a nonprofit organization’s mission statement and its vision statement
Explain the importance of a nonprofit’s business plan, and list the elements that it should include
Describe the different types of boards that a nonprofit may have, and the different strategies for recruiting new board members
Explain the advantages and disadvantages of incorporation for nonprofits
List the key steps in the incorporation process
Explain the importance of an organization’s formation documents and its organizational meeting
List the steps involved in applying for 501 (c) (3) status
Detail the actions needed to maintain compliance with federal, state, and local regulations
Explain the process of program planning and development
Explain the importance of organizational strategy, and describe the three major approaches to strategic planning
List the types of records that a nonprofit is required to keep, and discuss the particular importance of IRS Form 990
Describe how compensation packages for employees of a nonprofit differ from those of employees of a for-profit corporation
List the types of insurance that a nonprofit organization should have
Describe the different types of fundraising efforts that a nonprofit may undertake, and explain how these can differ depending on the size of the organization
Badge and credit-awarding
Games & Flashcards
Real-world case studies
Audio-enabled in app
This course has an “Ask the Expert” feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
This course does not require any additional purchases of supplementary materials.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.
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