Tis the season for donations! Are you properly substantiating contributions with detailed acknowledgment letters to donors? Here’s what nonprofits need to include in thank-yous.
Read More
As long as the pandemic continues, nonprofit boards must be on their toes. Budgets and financial statements, in particular, may alert your board to impending trouble. Here’s what members should look for.
Read More
Internal auditors can provide assurance that a nonprofit’s internal controls are effective at minimizing risk. But audits have a lot more to offer, including strategic insights. Read on.
Read More
Even if your nonprofit is weathering 2020’s multiple storms, your staffers may be anxious. Make sure you’re clear about where you stand and how you expect your organization to fare financially in the future. Here’s how.
Read More
Before your nonprofit joins a collective impact initiative, review five typical requirements. It could mean the difference between reaching charitable goals and the group fizzling out.
Read More
How do you pay your nonprofit’s workers? This is just one question you must ask to properly classify staffers as employees or independent contractors. We look at several factors the IRS considers.
Read More
Government or foundation grants can help your nonprofit expand its reach and improve its effectiveness. But they also may hamstring your organization in several unexpected ways.
Read More
Members of Generation Z are digital natives who may be more politically motivated and charitably inclined that previous generations. How can your nonprofit engage this diverse group?
Read More
Does your nonprofit want to get involved in the 2020 election? Be careful: The activities you’re contemplating might be prohibited. Here’s the rundown on what you can and can’t do.
Read More
Financially stable nonprofits have a good mix of revenue sources, with no one source accounting for more than 30% of the budget. How does your organization stack up? If you need help, read on.
Read More
Food and financial insecurity have increased during the coronavirus (COVID-19) pandemic. If your business is donating to charity to help ease the pain, you may be eligible for enhanced charitable donation deductions.
Read More
You can keep your nonprofit’s board members in touch and able to make decisions by facilitating virtual board meetings. But be sure to check state laws and your organization’s bylaws first.
Read More
Your nonprofit’s supporters may be unable to make monetary donations in these uncertain times. If they offer gifts in kind or donated services instead, do you know how to account for these donations?
Read More
Desperate appeals to donors may not be the smartest strategy during the COVID-19 crisis. Here’s how to approach supporters and earn their long-term loyalty.
Read More
The coronavirus (COVID-19) crisis has resulted in unprecedented challenges for employers. Here are the details of some relief from the federal government.
Read More
In the wake of the COVID-19 pandemic, the only certain thing is uncertainty. Nonprofits need to assess their current financial position, come up with alternative revenue models and prepare for a long, hard fight.
Read More
The federal government’s latest response to COVID-19, the CARES Act, makes low-interest and forgivable loans available to nonprofit employers. Learn how to qualify for these critical lifelines.
Read More
New legislation provides rules for nonprofit employers whose staffers are affected by COVID-19. What does the law say? Read on.
Read More
If you’re confident that all of your nonprofit’s programs further your mission and meet constituents’ needs, great! If not, consider a thorough spring cleaning. Here’s how to assess your lineup.
Read More
Hiring the right executive is too important for nonprofits to leave until they desperately need to fill an empty spot at the top. Prepare an executive search plan now so it’s ready when you need it.
Read More