Resources
Contracts and Legal Documents
This template media consent and release form is intended to document the permission and license granted by a participant to a nonprofit organization to use the participant’s name, image, likeness, and intellectual property for programmatic, fundraising, and other purposes. The template includes basic language granting these permissions for no compensation, a license for using additional materials (such as photos or videos) that the participant may also provide, a release and waiver of claims based on the right to privacy, the right of publicity, copyright, and other rights, and more.
This template loan agreement provides basic terms and conditions that are generally recommended for nonprofit organizations receiving an interest-free loan from Board members, officers, or founders. This sample document includes provisions describing the amount and repayment (maturity) date of the loan, the interest-free and unsecured nature of the loan, the approval by independent directors, and more.
These donor acknowledgment letter templates are intended for newly formed organizations that receive donations prior to getting approval of 501(c)(3) status, including an initial acknowledgment with an explanation of the organization’s pending status, and follow-up letters updating the donor once the organization’s tax-exempt status is official. The included sample language is intended to generally satisfy basic IRS requirements for the most common donation scenarios, including cash contributions, non-cash contributions, as well as cash and non-cash gifts that are treated as quid pro quo contributions.
This template provides a framework for drafting unanimous written consent resolutions in lieu of a Board of Directors meeting. This template is intended for situations in which Board action on a matter is necessary, and taking action through unanimous written approval would be more timely, practical, and/or feasible than waiting until the Board meeting is convened.
This template provides a standard set of minutes for the first Board of Directors meeting of a newly formed nonprofit organization. This sample document covers key details such as the date, time, and location of the meeting (or, if remote, the platform used), attendance by Board members and other persons, the approval of first-meeting resolutions, and other matters discussed at the meeting.
This template employee offer letter agreement provides basic terms and conditions that are generally recommended for nonprofit organizations when hiring full-time salaried “W-2” staff who qualify as “exempt” under the Fair Labor Standards Act (FLSA). This sample document covers areas such as such as the employee’s initial title, duties, and salary, workplace expectations, outside business activities, confidentiality obligations, and more.
This template provides a standard set of resolutions for a newly formed nonprofit organization convening its first Board of Directors meeting. This sample document includes language covering actions such as adoption of Bylaws and key policies, officer appointments, banking authorizations, authority to file the Form 1023 and other applicable tax exemption applications or registrations, and more.
This template volunteer service agreement provides basic terms and conditions that are generally recommended for nonprofit organizations when using volunteer services. This sample document covers areas such as thanking the volunteer for their service, clarifying that compensation is not owed, waiver of liability / release language, confidentiality, use of the volunteer’s name, image, and likeness, intellectual property ownership, and more.
This template fiscal sponsorship agreement is intended for relatively straightforward “Model A” fiscal sponsorship relationships, sometimes called “direct” or “comprehensive” fiscal sponsorship. This sample document covers key terms such as the fiscal sponsor’s variance powers, the project leader's role as an employee of the fiscal sponsor, how assets are transferred upon termination, and more.
This template fiscal sponsorship agreement is intended for relatively straightforward “Model C” fiscal sponsorship relationships, sometimes called “indirect” fiscal sponsorship or a “pre-approved grant relationship.” This sample document covers key terms such as the fiscal sponsor’s variance powers, the allowable use of grant funds, reporting and recordkeeping requirements, termination of the relationship, and more.
This short and basic grant agreement template is intended for situations involving relatively straightforward grants from one 501(c)(3) organization to another 501(c)(3) organization to fund a specific project or program. This sample document provides relatively concise language covering key terms such as the timing of grant payments, the allowable use of grant funds, reporting and recordkeeping requirements imposed on the recipient organization, and more.
This independent contractor agreement template contains basic provisions for situations in which nonprofit organizations hire consultants and other service providers on an independent contractor (Form 1099) basis. The template includes language intended to help support independent contractor treatment when appropriate, and covers key terms such as confidentiality, intellectual property rights, insurance, indemnification, and more.
These donor acknowledgment letter templates provides sample language that generally satisfies basic IRS requirements for the most common donation scenarios, including cash contributions, non-cash contributions, as well as cash and non-cash gifts that are treated as quid pro quo contributions.
Policies and Procedures
This Conflict of Interest Disclosure Statement template is intended to provide a short, simple, and effective questionnaire to ensure transparency and compliance with your organization’s Conflict of Interest Policy, and includes basic instructions with a broad definition of “related parties."
This Conflict of Interest Policy template is intended to help your organization establish disclosure and review processes consistent with best practices and the private inurement and excess benefit transaction rules applicable to 501(c)(3) public charities. The language in this template is a modified version of language recommended by the Internal Revenue Service, with provisions defining “Interested Persons,” “Financial Interests,” and “Disinterested Directors,” governance procedures for managing for potential conflicts, documentation requirements, and more.
This Board Confidentiality Policy template is intended to help your organization communicate to the Board of Directors the importance of non-disclosure and proper use of a nonprofit organization’s sensitive information. This template includes basic essential provisions such as the definition of “Confidential Information” (with common exceptions), and provisions for the use, safeguarding, and return of documents containing Confidential Information.
This Whistleblower Policy template is intended to help your nonprofit organization establish a process for Board members, staff, and others to report potential violations internally in good faith without fear of retaliation. This sample document includes basic language addressing the mechanism for reporting and investigating whistleblower claims, the prohibition on retaliation, and other provisions to help ensure compliance with the Sarbanes-Oxley Act and demonstrate your organization’s commitment to transparency, accountability, and good governance.
A Code of Ethics is one of the fundamental governance policies that all nonprofit organizations should have, and an important complement to your organization’s conflict of interest policy. This Code of Ethics template is intended to help your organization identify and express the core principles and ethical requirements with which all Board members, staff, and other individuals who serve and/or represent the organization are expected to comply.
This Cash Management Guidelines template is designed to help your organization set targets the management of both current operating funds and intermediate funds, establish investment guidelines consist with your organization’s cash management needs.
Budget and Finance Tools
The purpose of this template budget assumptions spreadsheet is to help nonprofit organizations to document and reflect on the assumptions for individual revenue and expense items that make up their annual budgets. This spreadsheet includes space to show individual departments and accounts within multiple-entity or single-entity structures, compare amounts used in past budgets (projected and actual numbers), a monthly breakout for budget planning, notes to capture details about assumptions and future plans, and more.
To realize the full potential of structures with multiple nonprofit entities, Board members, management, and staff must see how resources, programs, and activities are gathered and deployed across both organizations. This template multi-entity budget spreadsheet displays the budgets of two related entities (for example, a 501(c)(6) chamber of commerce or membership association and a 501(c)(3) educational foundation) in an easy-to-view grid showing how resources are allocated and shared, providing a starting point that can be easily expanded and reformatted to meet the needs of your organization.
The purpose of the funding pipeline worksheet is to help your organization conduct regular periodic assessments of funding and revenue streams, consider changes to anticipated and past funding patterns, and assess whether there is a risk that budgeted funding might not be realized in the near-term and intermediate-term future. Complete this worksheet in collaboration with your development office, senior management team, and staff to help with operational planning and stress test your organization’s anticipated funding sources.
Multi-year grants can be very beneficial to a nonprofit organization but can cause significant bottom-line budget (surplus and deficit) volatility. This template multi-year grant usage schedule will help to show the true impact of a grant over the full period of its use and move attention away from the impact on any one single fiscal year budget.
Operating reserves are one the most important components of financial health for a nonprofit organization and a key indicator for long-term fiscal and financial sustainability. Providing regular reports on the status of an organization’s operating reserves is essential for monitoring an organization’s financial health as well as compliance with its operating reserve policy.
Labor costs are usually the largest expense line-item in a nonprofit organization’s budget. Preparing a separate labor budget is key to building a realistic and achievable budget for the next fiscal year. This labor budget worksheet will help you to view and manage the costs of staff salaries, employee benefits, and payroll taxes, show how these labor costs are expected to be allocated to programs, fundraising, and administrative (overhead) departments, and assist with aligning your organization’s budget with reporting requirements under generally accepted accounting principles (GAAP) and Form 990.
Capital budgets are an important planning tool, helping nonprofit organizations to avoid problems from capital assets being used past their useful life, address future capacity challenges, and improve long-term cash flow planning. This basic capital budget spreadsheet template will help organizations to start tracking the acquisition and maintenance of their “capital assets,” i.e., material (larger dollar) assets that are expected to have a useful life of more than one year, such as computers, office furniture and equipment, leasehold improvements, and vehicles.
The purpose of this Financial Health Assessment and Implement Framework worksheet is to help you to step back and assess your organization’s recent financial position and set the stage for planning the next two years. This worksheet will help you to look back at recent history while looking forward to create a path to improve your organization’s financial health and enhancing sustainability.
Balance sheets are part of standard nonprofit organization financial reporting, but are intimidating to most individuals and often misunderstood. This 3-step checklist uses easy-to-understand “Yes” or “No” questions to help you to work through a new balance sheet and make a quick assessment of an organization’s current financial position and changing financial health trends.
During periods of high growth or rapid expected and unexpected changes and disruption, this 3-Month Rolling Budget Template will be a useful planning tool to help your nonprofit organization strategize, pivot and change course, documenting your search for a sustainable and smooth path forward.
For evolution and change to be fully appreciated, nonprofit organizations need to include multi-year forecast budgets in financial reporting to show how the organization is evolving and how its programmatic goals and activities will be reflected in the future.
Checklists and Guides
This checklist is intended to help nonprofit organizations understand and organize the key steps related to changing the organization’s principal office or headquarters address. The list includes compliance and operational steps such as filing notifications to satisfy IRS federal tax, state corporation, and charitable registration solicitation requirements, updating the organization’s registered agent address, notifying banks, insurance carriers, and vendors, and more.
This checklist is intended to remind nonprofit Executive Directors, CEOs, CFOs, COOs, and other managers, officers, and Board / committee members to regularly evaluate, renew, and update documents, activities, policies, and practices to better meet the organization's changing needs. The document is organized by key fiscal, financial, governance, and operational areas, including Funding, Administration, Human Resources, Professional Services, Financial Reporting, Financial Policies & Procedures, and Governance.
The default format for traditional governance meetings (Boards of Directors, committees, working groups, etc.) has shifted to a virtual setting. However, most governance meetings still use agendas, approaches, and meeting structures based on old “in-person” meeting formats. This 4-page checklist is designed to help you freshen up your virtual Board and committee meetings, make them more effective, and improve participant engagement and satisfaction.
This checklist outlines 19 key steps that apply to most new organizations to form a nonprofit corporation, apply for 501(c)(3) status, and stay in compliance with the rules governing tax-exempt organizations. The steps covered include drafting governing Articles of Incorporation, Bylaws, and basic corporate policies; obtaining a tax ID number, submitting the Form 1023 or Form 1023-EZ; and more.
R. Michael Sorrells (CPA) and A. Michael Gellman (CPA, CGMA) jointly authored this guide sheet to provide insights and tips on this highly visible portion of the Form 990, which directly impacts perceptions of the quality of your nonprofit organization’s management and the integrity of its governance practices.
R. Michael Sorrells (CPA) and A. Michael Gellman (CPA, CGMA) jointly authored this checklist of key “Dos” and “Don’ts” to help your nonprofit optimize its charity auctions, run them efficiently and without unwanted hiccups, and be prepared to comply with key tax and legal requirements.
This 48-page primer provides an overview of the key areas of nonprofit law governing 501(c)(3) organizations, including federal tax law requirements, state nonprofit corporation and tax law, fundraising laws, and employment law basics. This primer is tailored for organizations that are incorporated and operated in the District of Columbia, but many of the subject areas are useful for organizations based in other states.
This 16-page reference provides basic definitions and explanations of key financial and accounting terminology relevant to nonprofit organizations, including terms and concepts related to general accounting principles, financial statements, budgets, tax-exempt status and Form 990, nonprofit policies and procedures, and audits, compliance, and governance.
SE4N’s A. Michael Gellman (CPA, CGMA) and Benjamin Takis (Attorney) jointly authored this detailed checklist to cover the essential basics of financial and legal compliance that should be part of any nonprofit organization’s sustainability planning and risk management process.
This Document Retention and Destruction Policy template is intended to help your nonprofit organization ensure compliance with the Sarbanes-Oxley Act and other applicable record-keeping laws, and to avoid inadvertent destruction of important organizational records. Unlike many other document retention and destruction policies (sometimes called “record retention policies”) that specify difficult-to-track holding periods (3 years, 7 years, 10 years, etc.) for specific categories of documents, this template uses a more flexible approach that aims to minimize administrative and operational burdens while addressing key compliance issues.