Red
Flags for any nonprofit in the LA community.
- Not eligible due to ineligibility in U.S. IRS Tax
Exempt Organization directory.
- Mandatory Ineligibility due to lack of filing IRS 990 tax form in 3-years.
- Check status here: https://apps.irs.gov/app/eos/
- No business financial institution based on IRS Tax
Exempt status.
- Must keep personal or other business accounts
separate.
- Use of FISCAL Sponsorship outside of region due to ineligible IRS Tax Exempt status.
Lack of incentive for nonprofits in the community.
That “unwillingness to try is worst than any failure” (Nikki Giovanni).
Red flags and incentives are a national issue with nonprofits of communities of color.
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