Jack's Journal - November 2021

The Nonprofit Sector’s Special Sauce

Jack Horak
Director of Nonprofit Education & Consulting
TANGO

Over the last three months we completed our first two trainings of individuals from diverse backgrounds for placement on nonprofit boards of directors in their communities.

The trainings consist of three live Zoom sessions of ninety minutes each based on the first eight chapters of our textbook, The Tango Nonprofit Method.

As I think back to the questions and discussions during these sessions, I suggest that perhaps the most poignant information provided to students is contained in a slide (reprinted below) that I developed to explain what I refer to as the “special sauce” that makes the nonprofit sector such an engaging and interesting sector place to be.

The special sauce is illustrated by the red and the green arrows on the slide.  The red arrow demonstrates that nonprofits must be organized and operated to fulfill a public (charitable) purpose in the same manner as federal, state, and local governments operate for the benefit of the public; but, as the green arrow indicates, nonprofits are governed by the private citizens who populate their governing boards and are also the recipients of private money which must be used for the designated charitable (public) purpose.   The special sauce is the conceptual basis for the tax benefits nonprofits enjoy – no income tax on any net income and the deductibility (to the donors) of the amounts they contribute.

If any readers are interested in learning more about the information on this slide, the course, or the textbook, please contact me at .

TANGO Blog

TANGO Blog

Our latest initiative, the “Out of the Box” campaign, launched during Autism Acceptance Month, challenges the stereotypes that often overshadow the unique abilities of individuals on the Autism Spectrum.

CONTACT
TANGO

Jack Horak
Director of Nonprofit Education & Consulting

TANGO – The Alliance for Nonprofit Growth & Opportunity
135 South Road
Farmington, CT 06032
877-708-2646
tangoalliance.org

Membership is complimentary to all Nonprofit organizations thanks to the generosity of our corporate partners.

With over 1,600 nonprofit organizations throughout New England, TANGO has become a powerful community helping nonprofit organizations reach their mission.

Join Today

Location

Connecticut

29 South Main Street, Suite 300
West Hartford, CT 06107

877-708-2646

Powered by
Join Today