Are Your Nonprofit Board Meetings as Efficient as They Could Be?
According to BoardSource, nonprofit boards that meet monthly should be able to wrap up all business in one to two hours. If your meetings are going longer, it may be […]
Post Author: Helen Weeber CPA
Do You Know When Your Nonprofit’s Debt-Financed Income is Subject to Tax?
If your nonprofit has investment income, dividends, interest, rents and annuities, they’re generally excluded when calculating unrelated business income tax (UBIT). However, income from debt-financed property typically is taxable. So […]
Restricted gifts: What to do when strings are attached
Brad, the development director of an international environmental charity, was thrilled to learn from a fundraising staffer that one of the charity’s past supporters was promising to make a new, […]
Make Your Board Retreat Productive
Maybe you think having a board retreat would be nice, but because your not-for-profit organization has a tight budget, you think it’s not necessary. However, consider the benefits. A retreat […]
Nonprofit Boards Evolve Over Time
One thing every new not-for-profit organization can count on is change. Ideally, the changes you experience will be for the better — expanded programming, increased staffing, more clients served and […]
Even a Lower-Cost Benefits Menu Can Help You Attract Talent
Some job candidates assume that not-for-profit organizations offer lower compensation than for-profit companies do. If your nonprofit has open positions, this can be a difficult hurdle to overcome — particularly […]
Cross-Training Initiatives Can Get Your Whole Organization in Shape
Elite athletes train hard to perfect their performance in a particular discipline, but make time for cross-training. For example, a sprinter might, in addition to running for hours, lift weights, […]
Nonprofits: Act Thoroughly on Audit Findings
External audits can help assure your not-for-profit’s stakeholders that your financial statements are fairly presented according to U.S. Generally Accepted Accounting Principles. They can also help prevent occupational fraud. Often, […]
Combatting Negative Public Perceptions of Your Nonprofit
In 2023, Indiana University’s Lilly Family School of Philanthropy released a public opinion survey that provided both good and bad news for nonprofits. Although the respondents said they trust philanthropic […]
Are Your Volunteers Risking Legal and Tax Liability?
Comprehensive risk management is one of the primary responsibilities of not-for-profit leaders. You probably regularly consider and act to mitigate risk to your facilities and assets and your staffers and […]
A Board Committee Can Help Members Make Time for Critical Work
Many nonprofit organizations struggle to maintain a full and engaged board of directors. If your board meets frequently, has high attendance expectations, and asks members to perform significant “homework,” you […]
Don’t Be Surprised by a Sudden Influx of Support
When a Category 5 hurricane hit a coastal community, its most well-known health and human services charity was ready to respond with rescue plans, supplies, emergency shelters, and well-trained personnel. What […]
