NEO Law Group

NEO Law Group believes that healthy nonprofits are more effective at creating positive change. We help create and maintain legally compliant nonprofits that have strong foundations on which to build great programs. And we provide practical and affordable counsel, giving leaders reassurance and confidence to best further their valuable missions.

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Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “On Wednesday, the Treasury Department released the details of Mr. Biden’s tax plan, which aims to raise as much as $2.5 trillion over 15 years to help finance the infrastructure proposal. That includes bumping the corporate tax rate to 28 percent from 21 percent, imposing a strict new minimum…
California nonprofit corporations (and foreign nonprofit corporations operating in California) should be aware of several recent changes that impact filings with the California Secretary of State (SoS). SB 522 Filings with the SoS must include the entity name and number as they exist on the Secretary of State’s records. If filing a certified copy of a merger document from another state (e.g., California corporation merges into a foreign corporation and files the certified merger document…
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “The infrastructure plan that President Biden described on Wednesday — $2 trillion in federal investment in poured concrete, electric car chargers, artificial intelligence and social engineering — is a bet that government can do colossal things that the private sector cannot. …It will take years to know whether Mr.…
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Last month, the Stanford Social Innovation Review published a groundbreaking article on nonprofit governance authored by Anne Wallestad, CEO of BoardSource: The Four Principles of Purpose-Driven Board Leadership. The article focuses on the board’s obligation to prioritize decision-making and direction-setting on the organization’s charitable purpose, even ahead of the organization itself. Wallestad defines purpose as “a melding of the concepts of mission and vales in pursuit of vision.” For purposes of this post, we’ll…
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “Investigators on Tuesday were trying to determine what motivated a 21-year-old man, charged in the shooting at a Boulder, Colo., grocery store, to take the lives of 10 people, in the second mass shooting in the United States in less than a week.” NY Times “President Biden on Thursday…
I spoke with host Tony Martignetti on his Nonprofit Radio podcast about building your best better board. Our discussion stemmed from a blog post I wrote on Setting Up an Effective Nonprofit Board, though we focused on existing nonprofits rather than startups. Board roles – Financial oversight is of course important but that’s far from a complete description of the board’s roles. Oversight of the programmatic impact is another key role among several others. Board…
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “A gunman’s rampage that killed eight people, including six women of Asian descent, in the Atlanta area this week has set off a new wave of fear and outrage among Asian-Americans, coming in a year of anti-Asian violence across the country. … “Racially motivated violence should be called out…
The $1.9 trillion American Rescue Plan Act, signed into law by President Biden on March 11, 2021, authorizes federal spending for much needed economic relief and poverty alleviation. The most discussed provision in the Act may be the round of (up to) $1,400 stimulus payments to most Americans. But there are a number of provisions directly impacting nonprofits, thanks in large part to the efforts of many nonprofits, including Independent Sector and the National Council…
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Tweets of the Week. Notable Events of the Week: “Congress gave final approval on Wednesday to President Biden’s sweeping, nearly $1.9 trillion stimulus package, as Democrats acted over unified Republican opposition to push through an emergency pandemic aid plan that carries out a vast expansion of the country’s social safety net.” NY Times “President Biden on Thursday evening…
Nonprofit founders and executives rely upon the corporation’s directors (board members) to set the tone and example for the corporation’s operations, vision, and values. Without an effective and supportive board, corporations can become overly reliant on a single leader, which limits how far the corporation can go in advancing its mission. This is why founders and executives must allocate sufficient resources (including their time and effort) in building an effective board. Who should the nonprofit…