Nonprofits and Insurance: Getting It Just Right
Whether you’re starting up a not-for-profit organization or your nonprofit has existed for years, you may have questions about insurance. For starters: What kind do you need? How much? Are […]
Tag: Nonprofit
Keeping in Compliance With Uniform Guidance
If your not-for-profit receives significant federal funds, it may be subject to the Office of Management and Budget’s Administrative Requirements, Cost Principles, and Audit Requirements (Uniform Guidance). And if your […]
Nonprofits: What’s on Your Mind?
HW&Co. and Community Leader Magazine want to know what’s keeping you up at night. Your Opinion Matters Please take our two-minute survey. We’re dedicated to making a positive impact in […]
Your Nonprofit Probably Won’t Be Audited by the IRS, But If It Is …
Despite recent accusations that the IRS targets certain types of tax-exempt organizations for audit, not-for-profit audits generally are rare. That’s because most nonprofits owe no or very little tax. However, […]
Nonprofits: 4 Ratios Worth Watching
To control your not-for-profit’s expenses and improve operating efficiency, you need to keep an eye on the numbers. This should come as no surprise. But which measures are important? Which […]
Make a Fraud Recovery Plan Now, Before Your Nonprofit Is Defrauded
According to the Association of Certified Fraud Examiners (ACFE), not-for-profit organizations make up 9% of all defrauded organizations. Such attacks — and losses — can be enough to destroy a […]
Make Your Nonprofit’s Auction a Success by Following IRS Rules
Whether your not-for-profit is holding an in-person or online auction to raise funds, you need to be careful to adhere to tax requirements. For example, you should provide written acknowledgments […]
Data Analytics Is More Accessible Than You Might Think
Data analytics is the science of collecting and analyzing sets of data to develop useful insights, connections and patterns that can lead to better informed decision making. It can be […]
Are Your Accounting and Development Departments Like Oil and Water?
When Accounting and Development teams don’t work well together, the situation can lead to more than employee hostility and conflict. It can affect the not-for-profit’s financial statements and lead to […]
Publicly Supported? Passing the Test
Unless 501(c)(3) organizations prove they’re publicly supported, the IRS assumes they’re private foundations. The distinction is important, because publicly supported charities enjoy higher tax-deductible donation limits and generally are exempt […]
Why You Should Connect with Giving Circles
Giving circles — generally small groups of people who make a charitable impact by pooling their money — are growing in popularity. If your not-for-profit isn’t already actively appealing to […]
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 […]
