Tips for preventing fraud at smaller not-for-profit organizations Recently, there have been several news accounts of smaller not-for-profit organizations that have fallen victim to...
Continue ReadingTips for preventing fraud at smaller not-for-profit organizations Recently, there have been several news accounts of smaller not-for-profit organizations that have fallen victim to...
Continue ReadingFive ideas for making the nonprofit tax preparation process easier Not-for-profit organizations with federal tax-exempt status must file Form 990 with the IRS each year. This form requests...
Continue ReadingPlanning an exit strategy from your successful company can be difficult at times. Though options abound, one that many companies fail to consider is an Employee-Owned Stock Ownership Plan,...
Continue ReadingUnderstand the nuances of financial reviews It’s common knowledge in the not-for-profit (NFP) world that Section 501(c)(3) of the Internal Revenue Code (IRC) establishes that a...
Continue ReadingTips for a not-for-profit's current and future budgeting A well-planned nonprofit budget gives an organization’s leadership more control, increased transparency, better accountability, and...
Continue ReadingEffective methods to allocate costs for informed decision-making A significant challenge facing many not-for-profit (NFP) organizations involves determining how much of their resources and...
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