How to Close or Merge with another NonprofitWhile strategic partnerships and mergers can give some nonprofits an opportunity to survive. Closing a nonprofit will be the most difficult decision a Board of Directors will ever make. Being able to see and react to the signs of a failing nonprofit and taking action to either correct the course or protect donor investments require crucial conversations and difficult decisions. Closing a nonprofit correctly and legally takes time. Board members have an obligation to protect community assets. Start Here
Important Resources
State of Michigan Dissolution Questionnaire - All Michigan nonprofit organizations must obtain a letter from the Attorney General in order to file a Certificate of Dissolution with the Department of Licensing and Regulatory Affairs (LARA), Corporations Division. Request OUR HelpDownload Our WorksheetWe can HelpOur team of nonprofit experts provides custom, one-on-one assistance:
Our consultants can help your board and organization assess where you are and identify ways to re-energize your organization. |