nonprofit

In today’s competitive labor market, your nonprofit organization may seek innovative ways to stretch limited budgets while advancing its mission. One often overlooked opportunity is the federal Work Opportunity Tax…

Historically high inflation and government funding cuts have prompted many nonprofits to scramble for ways to ensure their long-term survival. One avenue of increasing interest is merging with another organization.…

Individuals with traditional IRAs generally are mandated to start taking required minimum distributions (RMDs) after they reach age 73. However, they have the option of making qualified charitable distributions (QCDs) to…

If your not-for-profit’s board members frequently miss meetings, show little enthusiasm for their roles, or resign before their terms are up, board meetings may be to blame. Perhaps they run…

Without a predictable revenue stream, you’ll have a hard time budgeting, funding priorities and planning for the future. Right now, many organizations are grappling with sudden federal grant cuts. If…

A fictional nonprofit lost its executive director (ED) when she died unexpectedly. The charity had a basic contingency plan, but the document didn’t name an actual successor for the ED…

For the past couple of years, investment fraud has been the costliest type of scam reported to the FBI’s Crime Complaint Center. The FBI generally defines investment fraud as schemes…

Nonprofits often work with limited resources, making efficient operations critical. Artificial intelligence (AI) and other forms of automating repetitive tasks can improve donor engagement, optimize fundraising, and expand outreach. Human…

Only some not-for-profit organizations are required to conduct independent annual audits. For example, the federal government and many states mandate an audit if a nonprofit receives more than a specific…