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Nonprofit Organizations Articles

 

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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