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Nonprofit Organizations Articles

 

Harnessing Board Committees to Optimize Time and Expertise

Harnessing Board Committees to Optimize Time and Expertise

Posted by Amina Diallo on April 10, 2024

Using board committees gives not-for-profit organizations a strategic way to improve member involvement, increase operational performance, and achieve specific goals. 

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Improving Nonprofits: Guidelines for Restructuring

Improving Nonprofits: Guidelines for Restructuring

Posted by Jill Johnson on March 27, 2024

Before you move ahead with nonprofit restructuring, it's possible that you may need to file a new exemption application and deal with other challenges. 

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Optimizing Your Nonprofit’s Social Media Presence

Optimizing Your Nonprofit’s Social Media Presence

Posted by Christine Proulx Grzyb on March 13, 2024

How long has it been since your nonprofit assessed its social media strategy? Look at the social media platforms to determine which are best to connect with donors, taking into account your organizational mission, target audience, and existing staff resources.

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Formalizing Nonprofit Mission Drift

Formalizing Nonprofit Mission Drift

Posted by Cathleen Karpik on March 06, 2024

While your nonprofit is adapting to changing circumstances to maximizing impact, it's crucial to formalize any significant shifts in your focus and mission. 

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Create a Reimbursement Plan for Nonprofits

Create a Reimbursement Plan for Nonprofits

Posted by Amina Diallo on February 28, 2024

In this article, we’ll explore the two main categories of expense reimbursement plans and provide tips for effective implementation.

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Strengthen Your Nonprofit’s Financial Resilience

Strengthen Your Nonprofit’s Financial Resilience

Posted by Cathleen Karpik on February 21, 2024

Nonprofit leaders face a multitude of concerns, from inflation and labor shortages to cybersecurity threats. Despite a generally healthy economy, fortifying your organization against future challenges is crucial.

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The Importance of Planned Gifts for Nonprofits

The Importance of Planned Gifts for Nonprofits

Posted by Robert Torella on January 31, 2024

Nonprofits must actively pursue planned, legacy, and deferred gifts, which are typically larger than current donations. These gifts are commonly arranged through wills, trusts, retirement plans, and life insurance designations.

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The Value of Audited Financial Statements

The Value of Audited Financial Statements

Posted by Sarah Hopkins on January 24, 2024

Simplify the audit process by providing estimates and requested documents to your auditor. Involve your board in the process and discuss any inconsistencies with your auditor as internally prepared statements may differ from audited statements.
 

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Uncertain Times: Develop a Flexible Budget Strategy

Uncertain Times: Develop a Flexible Budget Strategy

Posted by Jenna Sheehan on January 17, 2024

In times of turbulence, nonprofits budget may fall short. If you've already set a fixed budget for 2024, consider a different approach.

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Expanding Globally: Navigating Challenges for Your Nonprofit in 2024

Expanding Globally: Navigating Challenges for Your Nonprofit in 2024

Posted by Cathleen Karpik on January 03, 2024

Prior to initiating any global endeavors, thoroughly examine the laws and regulations of your target countries, along with assessing the associated U.S. tax implications.

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