One of the generous donors of your animal rescue organization donates an immaculately maintained BMW for its use. While you appreciate the gesture, what your organization really needs is cash for cat food, not a fancy car.

Massachusetts exempts certain nonprofits from having to pay corporate income, property and sales taxes. In order to qualify, your nonprofit must be formed under the state incorporation statute and must obtain federal tax-exempt status from the IRS.

Hiring an executive director is an important step for any expanding nonprofit. In addition to practical considerations in finding a good match for your organization, you must also consider the role and duties of the board of directors in selecting ...