January 8, 2019 Are Your Volunteers Putting Your Nonprofit At Risk? Volunteers can expose your nonprofit to as much risk as paid staffers. So treat them almost like they’re employees. Here’s … Read More
January 3, 2019 Conducting An Effective Post-M&A Audit M&A volume skyrocketed in 2018. However, before you close on a prospective deal, it’s important to consult with your auditor. Read More
December 28, 2018 Financial Best Practices for Religious Congregations Because religious congregations are subject to less IRS scrutiny than even their fellow nonprofits, it’s especially critical that these organizations … Read More
December 21, 2018 Nonprofit Surveys: Dos and Don’ts for the 5 D’s When planning member surveys, your nonprofit should focus on the “5 D’s” to help ensure the success of your efforts. Read More
December 10, 2018 3 Ways to Improve Development & Accounting Collaboration Do your development and accounting departments work as independent silos? This can be dangerous to your nonprofit’s fiscal health. We … Read More
December 4, 2018 Don’t Let The “Commerciality Doctrine” Trip Up Your Nonprofit Courts have ruled that some nonprofits’ otherwise exempt activities are substantially the same as those of commercial entities and revoked … Read More
November 27, 2018 Delegation Best Practices for Nonprofit Leaders Nonprofit executives simply can’t do it all. If your organization is busy and growing, it’s critical you learn when to … Read More
November 16, 2018 How A Fiscal Sponsorship Works for Fledgling Charities If your organization is approached about “sponsoring” a fledgling charity without 501(c)(3) status, be careful. For a fiscal sponsorship to … Read More
October 29, 2018 Has Your Nonprofit Shifted From Overhead To Impact? Bye-bye overhead ratios, hello “impact”! What does focusing on the broader effects of nonprofit spending mean to your organization? For … Read More
October 24, 2018 Assessing The Effectiveness of Internal Controls How strong are your internal controls? Most public companies must answer this question annually, despite a recently expanded SEC definition … Read More
October 23, 2018 Why Your Internal and Year End Financial Statements Differ If your nonprofit’s periodic financial statements fail to jibe with your auditor’s year end statements, you may think someone is … Read More
October 17, 2018 The Fine Art Of Valuing Donated Property Your nonprofit should calculate the value of noncash donated items using fair market value (FMV). But that’s harder than it … Read More