Nonprofit

Give Your Organization’s Members a Reason to Renew

When inflation is high, it’s common for people to cut expenses by deciding not to renew subscriptions and memberships. For charities and associations that depend on membership fees, this trend can be distressing — if not catastrophic. If your not-for-profit’s membership rolls are declining due to non-renewals, you need to address the problem immediately. Here […]

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A Refresher on Nonprofit Endowment Management

If your not-for-profit has an endowment, you probably know it’s a major responsibility. Endowment investments generally need to be managed by a financial expert, and your organization must adhere to certain regulations, particularly when it comes to spending. As a refresher — or primer for new employees or board members — here are the basics of […]

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Even Perfectionists Can Learn to Love Delegation

Not-for-profit executives can be perfectionists — they often know exactly how they want something done and believe they’re the only ones capable of doing it right. Unfortunately, this attitude can alienate staffers and make it difficult to mentor successors and build effective teams. Then there’s the problem of time: There are only so many hours […]

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COVID Widened Cracks Already Present in Nonprofits

HW&Co.’s Helen Weeber, CPA, was featured in the following article by Cecilia Yontz in this week’s CPA Takeaways, from the Ohio Society of Certified Public Accountants.   Nonprofit organizations with underlying organizational concerns are experiencing harsher effects since COVID, said one CPA. “What you did before COVID is not what you’re doing now,” said Helen […]

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