Outsourcing your new or fast-growing nonprofit’s business functions to an association management company might make sense. Here’s how to decide, plus some tips for selecting one.
Read MoreHelp ensure your nonprofit’s staffers and board members know where their roles and responsibilities lie. Such guidance can help avoid confusion, resentment and redundant work.
Read MoreHow well does your nonprofit’s cybersecurity program protect you from hacking? Penetration (pen) testing helps find vulnerabilities so you can, if necessary, strengthen your defenses.
Read MoreDonors 60 years and older may make the greatest charitable impact right now, but younger generations will soon catch up. Be sure to engage Gen X, Millennials and even Gen Z. They’re your future!
Read MoreYou never know when a critical grant or promised donation will fall through. But if your nonprofit has adequate operating reserves, it’ll be better positioned to weather financial shocks.
Read MoreHas your nonprofit lost its tax-exempt status because you forgot to file information returns? Good news! Most organizations can file for reinstatement from the IRS. Here’s how.
Read MoreNonprofits with offshoots or multiple chapters may want to look into creating a federated structure. Among potential benefits are economies of scale and higher visibility. We also describe some pitfalls.
Read MoreGood branding uses language, visuals, associations and other devices to differentiate an entity from its competitors and mold public perceptions of it. How’s your nonprofit’s brand faring?
Read MoreShould your nonprofit compensate a departing founder or executive? It may depend on your organization’s financial wherewithal and other factors. Just be sure to use an exit agreement.
Read MoreNew nonprofits must ask the IRS to recognize their tax-exempt status. But should you file Form 1023 or Form 1023-EZ, the easier, less expensive option? Here’s some information to help you decide.
Read MoreYour nonprofit may benefit from collaborative projects with similar organizations. But remember, you’re vying with both direct and indirect competitors for limited resources.
Read MoreAs in life, so it is with nonprofit special events: Hope for the best but prepare for the worst. This starts with implementing a comprehensive crisis management plan.
Read MoreIf you’re worried about funding your nonprofit’s many priorities, apply to foundations. Follow these tips to help ensure grant-seeking success.
Read MoreThe period between Thanksgiving and New Year’s Day generally is a critical fundraising season. Don’t let fraud undermine your hard work and eat into your nonprofit’s revenues. Here’s what you need to know.
Read MoreIt’s not always easy to calculate a nonprofit’s risk of falling afoul of the commerciality doctrine. We explain the threat and some risky practices and activities.
Read MoreWhat’s considered “healthy” diversity in a nonprofit board will vary by organization. But, at a minimum, your board should reflect your community and the people you serve. Learn how to increase board diversity.
Read MoreSometimes donors ask for their money back. Must your nonprofit comply? It depends on several factors. But the best defense against these requests is an effective offense: Create a gift refund policy.
Read MoreTrust tends to be the biggest potential fraud weakness for nonprofits. But by beefing up certain internal controls, you can continue to operate like a happy family and still reduce employee-perpetrated fraud.
Read MoreAlthough there are potentially a few disadvantages to board term limits, they generally benefit nonprofits. Read on for more about how term limits can promote diversity and cooperation.
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