nonprofit
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…
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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.…
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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…
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Nonprofits aren’t required to produce audited financial statements. But audited statements are more likely to reassure big donors and grantmakers about your financial stability and will generally be required if…
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Economic, social and political events in 2024 have the potential to negatively influence your not-for-profit’s budget. So if you generally prepare static budgets well in advance of each fiscal year,…
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If your not-for-profit is perpetually shorthanded, you may have decided to engage independent contractors or freelancers to pick up some of the slack. Just make sure you’re collecting the right…
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If your not-for-profit’s 2024 plans include international expansion, take care. Rules that apply to U.S.-based nonprofit activities — such as soliciting donations, recruiting members, hiring employees and selling products —…
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Has your nonprofit had an outside audit recently? If so, did your organization act on the findings? The cost of not responding to audit results can be steep. Read on…
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Tax-exempt status isn’t necessarily forever. It may not happen frequently, but the IRS does revoke the status when nonprofits engage in substantial disqualifying or nonexempt activities. In fact, the agency…
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Will the U.S. Senate streamline the grant process? A bipartisan bill introduced in the U.S. Senate in July 2023 would help simplify the administration of grant programs across the federal…
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