Understand 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 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...
Continue ReadingNot-for-profits can, and must, keep up with advancing technology When thinking of technological innovation, the not-for-profit sector is not likely to be one of the first places that come...
Continue ReadingOrganizations can learn from others’ mistakes With a feel-good mission to positively impact its community, many people assume that the staff of a not-for-profit organization are committed...
Continue ReadingOutsourcing non-core competencies such as accounting outweighs going at it alone State and federal laws that govern not-for-profit organizations have become increasingly complicated. Most...
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