August 10, 2020 Financial Reporting for Nonprofits That Have Teamed Up Not-for-profits sometimes team up with other entities to boost efficiency, save money and better serve both organizations’ constituencies. This can … Read More
August 4, 2020 Allowable Plan Expenses: Can the Plan Pay? The payment of expenses by an ERISA plan (401(k), defined benefit plan, money purchase plan, etc.) out of plan assets … Read More
August 3, 2020 It’s That Time Again! Back-to-School for Fiduciaries Can you hear the bells ringing? It’s that time of year to review your to-do list of fiduciary responsibilities. Ask … Read More
July 29, 2020 What Constitutes Proper Documentation of Retirement Plan Committee Meetings? With most retirement plans, the fiduciary responsibility of selecting and monitoring the plan’s menu of investments is designated to a … Read More
July 29, 2020 Why You Need to Communicate with Employees Businesses understand how vital it is for employees to understand retirement options and are increasingly including employee education in fiduciary … Read More
July 29, 2020 Drive Success With Dashboard Reports Timely, relevant financial data is critical to managing a business in today’s unprecedented conditions. Similar to the control panel in … Read More
July 29, 2020 Main Street Lending Program Now Open to Nonprofit Applicants Last week, the Federal Reserve announced that not-for-profit organizations now may apply for loans under the $600 billion Main Street Lending … Read More
July 28, 2020 To Find New Revenue Opportunities, Think Like an Auditor Want to increase your not-for-profit’s revenue? First try analyzing current income as a professional auditor might. Then, you can apply … Read More
July 27, 2020 An Advisory Board Can Complement Your Nonprofit’s Board of Directors Your not-for-profit has a board of directors — so why would it need an additional advisory board? There are a … Read More
July 27, 2020 Are Your Participants Experiencing a Fee Imbalance? Subsequent to the 2012 implementation of ERISA fee reporting regulations (ERISA 408(b)(2) & 404(a)(5)), the Department of Labor (DOL) began … Read More
July 23, 2020 Appealing To The Next Generation Of Supporters Factors such as wealth level, education and even whether people volunteer, probably will tell you more about potential donors … Read More
July 6, 2020 Understanding How to Establish Your Company’s Risk Appetite The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently published new guidance on how companies can promote … Read More
