nonprofit
The hubbub of the year-end giving season, combined with holiday absences, can make your not-for-profit vulnerable to fraud. You’ll need to be particularly vigilant if you generally rely more on…
How is your not-for-profit’s 2025 program budget looking? Unfortunately, some organizations may have to try to do more with less next year because donations and grants have fallen off. Even…
The end of 2024 is rapidly approaching, and you know what that means: You need to fundraise in earnest. According to Double the Donation, 30% of all charitable giving occurs…
Is burnout impacting nonprofit leaders or staff? Chronic workplace stress — for both staff and leadership — is a top concern for most nonprofit leaders. The Center for Effective Philanthropy’s…
Let’s say that one of your not-for-profit’s employees makes significant personal purchases on a credit card you’ve provided for work-related expenses. You may think the outcome is relatively straightforward: The…
Have you reviewed your nonprofit organization’s financial statements recently? They’re key to assessing your organization’s financial condition. Here’s what you need to know. Why ratios matter Although financial statements play…
Independent audits can go a long way toward providing stakeholders with assurance about your nonprofit organization’s financial stability. Ensuring true independence requires more than just hiring an outside firm, though.…
The U.S. Office of Management and Budget (OMB) recently released its final guidance based on previously proposed revisions of the Uniform Guidance (UG). The changes — to be adopted by…
According to nonprofit BoardSource, not-for-profit boards that meet monthly should be able to cover all business in one to two hours. If your meetings last longer, they may lack planning…
The difference between financial pledges and donations is relatively simple: Pledges are promises to donate sometime in the future, and donations provide immediate support for your not-for-profit organization. What’s not…
You may know the difference between nonprofit and for-profit accounting systems, but do your newest employees and board members? Not-for-profits and businesses share certain similarities. For example, both must carefully…
During the COVID-19 pandemic, Congress temporarily enabled individual charitable donors who didn’t itemize federal income tax deductions to deduct up to $300 in contributions in both 2020 and 2021. This…
Perhaps you think a board retreat would be nice to have — but, given your not-for-profit’s tight budget, it isn’t really necessary. Yet consider the benefits. A retreat allows members…
It’s understandable if your not-for-profit has been putting off launching a capital campaign — despite having grand plans to build a new facility, make major purchases or expand a key…
There are many ways to evaluate the success of a not-for-profit event. But for most nonprofit leaders, financial success — how much did we raise? — is the metric that ultimately matters.…