nonprofit

The United States is entering the most natural-disaster-prone time of the year. Tornadoes are most likely to occur in May, and the Atlantic hurricane season starts on June 1. Not-for-profits that…

For many not-for-profit organizations, maintaining a full and active board of directors is challenging. If your board holds frequent meetings, has high attendance expectations and requires members to do considerable…

Building nonprofit resilience through administrative spending Researchers from The Ohio State University and the University of Notre Dame have developed a mathematical model to guide nonprofits on how to divvy…

Many nonprofit organizations struggle with allocating expenses properly. The Financial Accounting Standards Board (FASB) can help. By complying with FASB standards, you may be able to simplify your processes. Defining…

Under the Inflation Reduction Act (IRA), nonprofits — including public charities, private foundations, social welfare organizations, labor organizations, business leagues, religious or apostolic organizations, and public universities and hospitals —…

There are many reasons why a 501(c) tax-exempt organization might consider restructuring. For example, a financially struggling nonprofit might decide to join forces with another organization to cut costs and…

Whether it’s inflation, trouble finding staff members in a tight labor market, or cybersecurity threats, nonprofit leaders have a lot to worry about. If making financial forecasts is harder than…

Some provisions of 2022’s SECURE Act 2.0 (a follow-up to the SECURE Act of 2019) have been in force for over a year — including several that affect 403(b) retirement plans.…

Even if current donations are your not-for-profit’s bread and butter, you can’t afford to neglect planned, legacy or deferred gifts. These gifts, generally made through wills and living trusts, often…