Two May Days in the Nevada Desert

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In mid-May, Brian made the very quick hop across Death Valley to conduct two days of exempt organizations presentations in Las Vegas, Nevada. On the first day, he presented “The Nuts & Bolts of Exempt Organizations” to a group of attorneys at the UNLV Law School. Topics covered during this extremely interactive presentation were as follows:

•    Introduction to the Exempt Organization Universe
•    Summary of all the different types of exempt organizations
•    Differences between a nonprofit and an exempt organization
•    Review of the federal and state tax-exemption processes
•    Start-up issues for exempt organizations
•    The importance of transparency in the exempt organization sector, including the importance of taking contemporaneous Board minutes
•    Accounting issues for exempt organizations, for example, the difficulty for smaller exempt organizations to implement internal controls
•    How to avoid scrutiny if the exempt organization conducts any sorts of insider transactions
•    Nevada’s relatively new registration requirements for charities soliciting donations within the state of Nevada

On Brian’s second day in Las Vegas, he trekked to the offices of the United Way of Southern Nevada to first undertake a short presentation regarding some exempt organization legal basics and then to conduct an exempt organization Workshop for smaller exempt organizations in Southern Nevada. During the Workshop, which Brian participated in along with a couple of Nevada attorneys, he provided pro bono consulting to small exempt organizations in such areas as formation, avoidance of auto-revocation, obtaining reinstatement of tax-exemption, conducting unrelated business activities, governance, and the reporting of special event fundraisers.

Please not hesitate to contact us if you would like to receive a copy of my “Nuts & Bolts” presentation slides.