Nonprofit Organizations Articles
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.
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.
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.
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.
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.
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.