When it comes to data privacy, the stakes couldn’t be higher. If your nonprofit is found to have irresponsibly handled donor, employment and other sensitive data, you could suffer dire financial consequences.
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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.
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Help 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.
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How 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.
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Donors 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!
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You 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.
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Has 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.
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Nonprofits 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.
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Good 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?
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Should 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.
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New 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.
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Your nonprofit may benefit from collaborative projects with similar organizations. But remember, you’re vying with both direct and indirect competitors for limited resources.
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As 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.
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If you’re worried about funding your nonprofit’s many priorities, apply to foundations. Follow these tips to help ensure grant-seeking success.
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The 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.
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It’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.
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What’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.
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Sometimes 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.
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Trust 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.
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