Nonprofit Archives - Page 11 of 18 - HW&Co. CPAs and Advisors

Even nonprofits can benefit from AI technology

By: Helen Weeber

You might think that artificial intelligence (AI) is just about using computers to perform complex tasks that otherwise would require human intelligence. That’s part of it. But several technologies fall […]

Your nonprofit may have an internal controls gap

By: Tony LaNasa

The typical defrauded not-for-profit loses $75,000 per fraud incident, according to the Association of Certified Fraud Examiners. And that doesn’t account for the negative publicity and subsequent lost donations and […]

Put some muscle behind your nonprofit’s capacity-building effort

By: Helen Weeber

Economic instability caused by the pandemic may have your nonprofit scrambling to find funding. But just as important is making internal adjustments that build your nonprofit’s capacity to fulfill its […]

5 ways nonprofits can prepare for an audit

By: Helen Weeber

No not-for-profit looks forward to annual audits. But regular maintenance and preparation specific to an impending audit can make the process less disruptive. We recommend taking the following steps. 1. […]

HR outsourcing: Considerations for nonprofits

By: Helen Weeber

The global market for human resources outsourcing was approximately $32.8 billion in 2020 and is projected to rise to $45.8 billion by 2027, according to market research company Reportlinker. Should your not-for-profit […]

Does Your Nonprofit Owe Tax on its Sponsorships and Advertising?

By: Helen Weeber

Your not-for-profit may prefer to avoid activities that subject it to unrelated business income tax (UBIT). But if you accept advertising or sponsorships that aren’t substantially related to your tax-exempt […]

Cryptocurrency donations: Will your nonprofit accept them?

By: Helen Weeber

Cryptocurrency has gone mainstream, and if you’ve been sitting on the fence about accepting donations in virtual currency, it’s time to make a decision. But before your not-for-profit says “yes” […]

Tackling Volunteer Liability Issues

By: Helen Weeber

During the pandemic, your not-for-profit may have been forced to operate without your dedicated volunteers. It has probably come as a great relief to welcome them back in person. However, […]

Is your nonprofit complying with federal procurement requirements?

By: Helen Weeber

“Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards” (Uniform Guidance) applies to all not-for-profits that accept federal funding. It has been updated and amended several times, most […]

Collective impact projects find strength in numbers

By: Helen Weeber

Collective impact projects are collaborations between not-for-profits, government, businesses, and communities with the goal of achieving challenging and complicated social objectives. They can succeed in ways that simply aren’t available […]

What nonprofit board members need to know about fiduciary duties

By: Helen Weeber

It takes more than dedication and enthusiasm for your not-for-profit’s cause and programs to make a good board member. The most critical duty for all board members is being a […]

Nonprofits: Limit disaster damage with a plan

By: Helen Weeber

COVID-19 was a kind of disaster most not-for-profits weren’t prepared for. As your organization recovers from this unusual event, don’t let it become vulnerable to other, more common, threats. Every […]

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