November 30, 2020 Principles To Guide Your Nonprofit’s Relationship With Donors In 1993, a consortium of philanthropic organizations came up with the Donor Bill of Rights to guide not-for-profits in their … Read More
November 20, 2020 Annual Plan Audit: An Auditor’s Perspective Does your plan require an annual audit? If your eligible participant count (including terminated employees who maintain an account balance) … Read More
November 19, 2020 Smart Nonprofit Leaders Know How To Delegate Delegation ideally gives not-for-profit executives time to focus on mission critical tasks and provides growth opportunities to staffers. However, you … Read More
November 12, 2020 How Much Insurance Does Your Nonprofit Need to Mitigate Risk? A warning if your not-for-profit organization is looking for expenses to cut: Don’t skimp on insurance. Should your nonprofit experience … Read More
November 6, 2020 Nonprofits: Internal Audits Still Matter Fraud doesn’t simply take a vacation during crises, such as the COVID-19 pandemic. If your not-for-profit’s internal controls aren’t effective, … Read More
October 26, 2020 Best Practices When Forecasting Cash Flow Cash flow is a top concern for most businesses today. Cash flow forecasts can help you predict potential shortfalls and … Read More
October 21, 2020 Why Your Nonprofit Must Make Time for Accountability “Accountability” may seem like one of those popular management concepts you know would be nice to implement if your not-for-profit … Read More
October 19, 2020 Candid Communication Can Help Ease Nonprofit Staffer’s Anxiety It would be an understatement to say 2020 has been challenging. Leaders of not-for-profits still standing are justified in worrying … Read More
October 15, 2020 Your Nonprofit May Have A License To Print Money In this pandemic year, many not-for-profits are scrambling to find new sources of revenue to replace donor contributions and other … Read More
October 9, 2020 Plan Documents… Save or Purge? Many ERISA plan sponsors are unclear regarding a primary fiduciary responsibility concerning plan document retention (which and when documents may … Read More
October 9, 2020 Defined Contribution Recordkeeper Consolidation Continues Empower recently announced an agreement to acquire Mass Mutual’s retirement plan recordkeeping business. The acquisition is expected to capitalize on … Read More
October 8, 2020 Gifts in Kind: New Reporting Requirements for Nonprofits On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that will provide more detailed information about noncash … Read More
