9 tips to vet a charity before making a donation

9 tips to vet a charity before making a donation

Charity is a noble contribution a person makes, often to nonprofit organizations, to help them further a social cause. In addition to bringing fulfillment and joy, the act can provide extensive tax benefits to the donor. However, not all social organizations are legitimate. So, diligent research is critical to ensure your monetary contribution is put to good use. Here are nine simple tips for vetting a charity before making a donation.

Identify the organization’s mission
To begin with, identify the cause you intend to support. It could be animal protection, racial equality, nature conservation, child welfare, or another noble cause. Then, depending on your preference, look for a suitable organization or group that pursues the same mission. Seeking suggestions from family and friends can help. Finally, after shortlisting the names of preferred organizations, research them thoroughly.

Verify their registered information
A legitimate charity must register itself with a regulatory body. So, visit the websites of organizations like the Internal Revenue Service (IRS) for information about them. The IRS can help verify if the charity is authorized to accept donations.

Check Form 990
Form 990 can give you a better understanding of the nonprofit’s financial standing. Each year, nonprofit organizations submit this form to the IRS, which includes information related to their governance, finances, and mission. They are also required to make the report available to the public.

Go over their history
It is crucial to analyze the organization’s past contributions, financing sources, and news stories and determine how long they have been functioning. Those with a consistent track record of excellence and support from reputable donors can be trusted.

Scrutinize their social media channels
It is advisable to go over the organization’s social media presence. Doing so can give you an idea about their impact on society and what others have to say about their work. It can also help track their next course of action and the outcomes.

Speak with donors and volunteers
Connect with other donors and volunteers to learn more about the organization. Such individuals will be able to provide you with the names and contact details of key members who can give additional information.

Examine their impact
It is necessary to gauge an organization’s performance in terms of the number of people it helps and the hours it puts in to fulfill its purpose. While at it, compare its old and new financial reports to ensure the organization is not stagnant. Donations should be made to charities moving closer to achieving their goals.

Get involved
The best way to get a clear picture of an organization is to get involved or volunteer. Meeting people in the same community can help build trust in their contribution and an emotional connection and provide the necessary surety to donate.

Contact the charity
If possible, get in touch with the nonprofit. Inquire about their mission, goals, committee members, how long they have been around, who they are assisting, and so on. A discussion may lead to establishing confidence.

These steps may seem too elaborate and unnecessary for smaller donations. But research is vital to ensure every dollar spent for a good cause reaches the hands that truly need it!

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Benefits of payroll management services for small business

Payroll management is more than just accounting for employee’s salaries, investments, retirement savings, and other particulars related to your business. It is a time consuming task and gets difficult to manage in-house. This is one of the reasons why small businesses can benefit immensely from professional payroll management services and premium software. A professional vendor takes care of everything from payments, deductions, calculations, compliance, and reporting. While it can be a costly undertaking, the perks you as a business owner enjoy in the long run outweigh the initial costs of paying for professional services. Here are a few reasons why it is beneficial to outsource payroll for small business.Financial reportingFinancial reporting is one of the key tasks when it comes to managing payroll for small businesses. Professional services employ and provide premium software accounts for employee earnings and categorize information for different departments. They can prepare timesheets and offer a number of reporting services for accountability. All said and done, you will be in a better position to account for the exact business cost for employee services. Reporting also helps you evaluate their performance holistically and reward them for services rendered. Increased productivityIn-house payroll management is extremely time-consuming and demands a lot of expertise. Payroll for small business may seem manageable at first but comes with its own challenges of data collection and reporting. Outsourcing these services to a professional vendor helps save your time and efforts. Simply put, leave it to the professionals who take care of the nitty-gritty allowing your employees to focus more on revenue-generating activities. ComplianceYour business needs to align with the law of the land and follow compliance in terms of reporting and management. Outsourcing payroll to a vendor takes care of the compliance as they are in a better position to employ professionals who provide niche legal services. Legal compliance is one of the key aspects of payroll reporting. Paying for both legal consultancy and management services is worth the investment when you consider the long term benefits. Better functionalityPayroll also accounts for direct deposits for employees, retirement, and savings planning while adhering to the norms as required by the Internal Revenue Service. For this, tax compliance is crucial, and everything from preparing the W2 forms to receiving tax benefits under various schemes will be handled on the payroll end of the business. Your employees will only need to provide their particulars from time to time and follow the updated procedure. Outsourcing these tasks to professionals helps improve the functionality of the business. Better accountabilityProfessional services are better aware of changing deadlines, filing due dates, compliance codes, and other particulars. The chances of errors in the submission are significantly low with a third party vendor whose daily job is to follow procedure. You will be in a better position to be accountable by outsourcing payroll for small business and focusing on expanding the business well within the limits of the law.

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Avoid these 5 mistakes while attending a music festival

Imagine watching your favorite band or artist perform live while you groove to their music. Yes, attending a music event is one of the most exciting things to tick off your bucket list. However, participating in such events necessitates that attendees follow all the guidelines issued by the host. Therefore, if you have booked tickets to a concert, here are five mistakes to avoid to ensure you enjoy the event. Going alone Going alone to a concert is one of the worst mistakes an individual could make. Such events are often overcrowded, which may lead to you getting lost amidst the crowd. Moreover, individuals may also require help during concerts due to unforeseen circumstances. There are healthcare personnel and other management professionals to help individuals in such situations. However, having a friend or family member accompany you can help you be safe during the event. If you cannot find anyone to tag along with, make sure a close friend or family member is informed of your whereabouts and how to reach you in an emergency. Breaking the rules Each venue that hosts a concert provides guidelines to ensure the show runs smoothly. Therefore, while you are given the liberty to enjoy yourself to the fullest, ensure that you do so by following the rules and regulations. Entering through the right gate and getting seated on the assigned seat are a few such rules. You should also not argue or be rude to security personnel as they work hard to control the crowd. Being polite to such professionals may help boost their spirit. Arriving late Music concerts usually start on time unless the management declares otherwise. If you reach the venue late, you might miss out on an exciting part of the performance. Therefore, when you book a ticket for a concert, ensure that you reach there at least an hour early. Furthermore, remember that security checks and walking to your designated area or seat may take about fifteen to twenty minutes, if not longer. Kicking seats Concerts are exhilarating and can throw the crowd into a frenzy, making attendees lose control and kick seats in excitement. Some individuals may even stand up on chairs and start to dance. While being excited about a concert is admirable, one should be mindful of their surroundings. For example, if one accidentally kicks a chair, apologize to the person sitting on it. Not comparing ticket prices One of the common mistakes people often make is not comparing ticket rates. Multiple websites list tickets to the same concert. Instead of rushing a purchase, it is advised to check multiple websites for the best ticket rate. Furthermore, searching for other deals and discounts that may be clubbed with the ticket would help save money. A reputable website to look for tickets to concerts, tours, and other events is Vivid Seats®. You may find tickets at the best rates to concerts featuring artists like Taylor Swift, SZA, Blink 182, and Pink. You can also find tickets to music festivals, including the BottleRock Festival, Railbird Festival, and Tortuga Music Festival.

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