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Nonprofits: Now’s the Time to Muster Volunteer Resources

Nonprofits: Now’s the Time to Muster Volunteer Resources

Posted by Cathleen Karpik on November 09, 2020

Despite a rough year, many nonprofits have weathered the pandemic relatively well. In fact, some are now experiencing a surge in volunteer interest. To ensure you have enough helping hands, take time now to learn what your volunteers need and want and, if necessary, reorganize your volunteer program to accommodate them.

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BDO Nonprofit Standard | Fall 2020

BDO Nonprofit Standard | Fall 2020

Posted by Donna Gonser on October 15, 2020

Take a look inside our most recent newsletter for our professionals' insights on the latest issues for nonprofits.

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Using Remote Workers? Protect Sensitive Company Data from Exposure

Using Remote Workers? Protect Sensitive Company Data from Exposure

Posted by Christopher Lukowski on October 08, 2020

During the COVID-19 pandemic, many companies have shifted to work-from-home arrangements to protect the safety of their workers. This trend is expected to continue even after the pandemic ends. Unfortunately, the chances of intellectual property theft (or inadvertent loss) are generally greater when employees work at home.

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Should Your Nonprofit Adopt Remote Work Permanently?

Should Your Nonprofit Adopt Remote Work Permanently?

Posted by Sarah Hopkins on October 07, 2020

In many organizations, both employees and employers have become accustomed to remote work and want to make it permanent. But before your nonprofit breaks its office lease, it needs to consider several factors.

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Monitor Overtime Pay for Your Remote Workers: DOL Guidance

Monitor Overtime Pay for Your Remote Workers: DOL Guidance

Posted by Kathleen Strobele on September 22, 2020

Employers already know they must pay non-exempt employees for every hour they work, however, when those employees work from home it's harder to keep track of those hours. The Department of Labor has just issued a “field assistance bulletin” to remind employers of what's required.

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CARES Act Employee Retention Credit for Hospitals, Medical Groups, and Healthcare

CARES Act Employee Retention Credit for Hospitals, Medical Groups, and Healthcare

Posted by Kristin Re’ on August 11, 2020

The CARES Act provides several incentives for hospitals and healthcare organizations with the Employee Retention Credit (ERC) being one of them. The ERC provides a refundable credit of up to $5,000 per employee to eligible employers.

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Monitor These 3 Things as Your Nonprofit’s Priorities Change

Monitor These 3 Things as Your Nonprofit’s Priorities Change

Posted by Robert Torella on August 10, 2020

Several months into the COVID-19 crisis, most not-for-profits have formulated at least a temporary plan for sustaining operations, but short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives.

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The Impact of COVID-19 on Patient Care in the United States

The Impact of COVID-19 on Patient Care in the United States

Posted by Jill Johnson on July 31, 2020

Though stay-at-home orders are lifting in certain areas of the United States, the COVID-19 pandemic is still greatly impacting healthcare providers and patients.

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Employers - Prepare to Comply with Year End Reporting of Qualified Sick and Family Leave Wages Paid

Employers - Prepare to Comply with Year End Reporting of Qualified Sick and Family Leave Wages Paid

Posted by Mark Stack on July 29, 2020

The IRS recently issued Notice 2020-54 regarding employers’ requirement to report the amount of qualified sick leave wages and qualified family leave wages paid to employees under the Families First Coronavirus Response Act (FFCRA), (P. L. No. 116-127).

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 Federal Reserve Proposes Expanding Main Street Lending Program to Nonprofit Organizations

Federal Reserve Proposes Expanding Main Street Lending Program to Nonprofit Organizations

Posted by Cory Van Deusen V on July 20, 2020

Previously, nonprofit organizations were not eligible to participate in the program given their absence of EBITDA, a key underwriting metric required for the three existing MSLP facilities.  However, the Federal Reserve then evaluated the feasibility of adjusting the borrower eligibility criteria and loan eligibility metrics of the program for nonprofit organizations.

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