Consider These 2 Issues Before Searching for New Staffers
Despite many predictions to the contrary, U.S. employers have continued to add workers to their payrolls and the unemployment rate has remained low — at 3.7% as of November 2023, […]
Category: Nonprofit
2023 Charity Fraud Awareness Week
Charity Fraud Awareness Week is an international initiative led by the UK-based Fraud Advisory Panel that strives to raise charity fraud awareness. It’s estimated that charitable organizations lose 5% of […]
Joining Forces With Another Nonprofit
A merger might appear to be something that occurs mostly in the business world, where corporations frequently unite to extend sales territories, obtain competitive advantages, and increase profits. However, mergers between […]
Help Donors Help Your Nonprofit with a Planned Gift
Most established not-for-profits are already equipped to solicit and accept planned gifts. But if your nonprofit is new to planned giving and doesn’t yet understand the long-term advantages of deferred […]
Why Your Nonprofit’s Board Needs to Be Diverse
Ideally, a not-for-profit’s board of directors should mirror that of its community and clientele. Does yours? Identifying that your board needs more diversity is the easy part, though. Figuring out […]
Do You Have to Return Donations When Donors Request It?
If a donor has never asked your not-for-profit to return a gift, it may only be a matter of time. Although uncommon, donors can change their minds. They may come […]
Trust and Internal Controls Can Coexist in Your Nonprofit
Within a period of just a month, a Minnesota woman was charged with skimming more than $300,000 from her animal rescue charity, a Florida man was charged with multiple felonies […]
Build a Better Nonprofit Board With Term Limits
Are the board members of your non-profit subject to term limits? If not, you should think about implementing what is often considered a best practice. Over time, some board members may […]
Why Should Nonprofits Be Transparent About Compensation?
More and more American workers are demanding “pay transparency,” and nonprofit employers must listen – and act. The concept of pay transparency holds that employers should openly discuss their compensation […]
Cut Taxes by Reimbursing Expenses with an Accountable Plan
If you’re looking for another way to attract and retain staffers that won’t bust your nonprofit’s budget, consider offering an accountable plan. It’s an easy and low-cost way to reimburse […]
Nonprofits: Ready, Set, Audit!
You can demonstrate your organization’s financial fitness to donors and other stakeholders by organizing yearly financial statement audits. In addition, state governments and other grant makers may require them. However, […]
Nonprofits: 4 Warning Signs That Something May Be Awry
Many not-for-profit leaders are nervously watching macroeconomic signs — inflation, rising interest rates and the possibility of recession — to predict how their organization will fare in coming months and […]
