Helen Weeber CPA Archives - Page 11 of 16 - HW&Co. CPAs and Advisors

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 […]

Making the decision to hire new nonprofit staffers

By: Helen Weeber

Many Americans remain unemployed due to the COVID-19 pandemic — at least 9.8 million at the end of April, according to the U.S. Bureau of Labor Statistics. But that’s expected to […]

Is a merger in your nonprofit’s post-pandemic plans?

By: Helen Weeber

As the COVID-19 pandemic finally seems to be fading in the United States, your not-for-profit organization may be making plans for its post-pandemic future. Is a merger with another nonprofit […]

Time to plan an in-person board retreat?

By: Helen Weeber

As states open for business and the need for social distancing recedes, your not-for-profit organization may want to think about scheduling an in-person retreat for your board of directors. Members […]

Do you know the new accounting rules for gifts in kind?

By: Helen Weeber

If your not-for-profit organization accepts contributions of nonfinancial assets, such as land, services, and supplies, you should know about Financial Accounting Standards Board (FASB) rules approved last year. Accounting Standards […]

Minimize the need to make year-end financial adjustments

By: Helen Weeber

If your not-for-profit periodically prepares internal financial statements for your board, you may have noticed that your auditors propose adjustments to these interim statements at year-end. Why do auditors do […]

Reduce your nonprofit’s liability risk with D&O insurance

By: Helen Weeber

Not-for-profit organizations may operate under the assumption that their missions and their board members’ good intentions protect them from litigation. Sometimes, this assumption is proven wrong with a lawsuit. To […]

Protect your organization’s fragile tax-exempt status

By: Helen Weeber

Not-for-profit organizations are different from for-profit businesses in many vital ways. One of the most crucial differences is that under Section 501(c)(3), Sec. 501(c)(7), and other provisions, nonprofits are tax-exempt. […]

Nonprofits: Heed these financial danger signs

By: Helen Weeber

Many nonprofits and not-for-profits are just starting to emerge from one of the most challenging environments in recent memory due to the COVID-19 pandemic. Even if your organization is in […]

Whistleblower policies protect both staffers and your nonprofit

By: Helen Weeber

According to the Nonprofit Times, only 41% of not-for-profits have whistleblower policies. Perhaps nonprofit leaders believe their organizations are too small or collegial to worry about illicit activities — let […]

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