1850 M Street NW,, Suite 640, Washington, District of Columbia 20036
202-753-0042 202-753-0042

DC Firm Helps Nonprofits with Governance and Compliance Issues

Douglas & Boykin is prepared to handle the challenges that nonprofits face

A complex web of laws and regulations circumscribes the activities of nonprofit organizations and their board members. The margin of error is thin: If a nonprofit violates governance and compliance rules, the consequences can be severe for the directors and the organization itself, including fines and revocation of tax-exempt status. Douglas & Boykin PLLC helps not-for-profit groups navigate the statutory and regulatory minefield.

Law firm offers wide range of services to nonprofit organizations

The nonprofit team at Douglas & Boykin is ready to counsel your not-for-profit group and its directors on all governance and compliance issues. This includes guidance relating to:

  • Board member liability
  • Executive compensation
  • Board member fiduciary duties
  • Disclosure requirements
  • Self-dealing transactions
  • Board and staff accountability
  • Insiders’ compensation
  • Excess benefit transactions
  • Private benefits
  • Best practices

Maintaining your organization’s tax-exempt status

One of the chronic issues that nonprofit organizations face is maintaining their tax-exempt status. Typically, the question is whether income generated through ventures that are unrelated to the organization’s primary purpose jeopardize the tax-exempt status. A tax-exempt entity that receives $1,000 or more of gross income from a regularly conducted unrelated trade or business must file Form 990-T.

Douglas & Boykin can file the appropriate forms and take the other necessary steps to maintain your organization’s tax-exempt status.

Consult with Douglas & Boykin PLLC’s nonprofit law attorneys

Douglas & Boykin PLLC helps nonprofit organizations with governance and compliance issues. Contact the firm at 202-753-0042 or online. Douglas & Boykin serves the District of Columbia metropolitan area, including Maryland and Northern Virginia. The firm’s office is near Metro stops at Farragut North, Dupont Circle (Red Line), and Farragut West (Blue, Orange, and Silver Lines) in Washington, DC.