Nonprofit Finances
We may get into nonprofit management because we want to good, but the reality is that we've got to keep the organization financially healthy in order to achieve that good.
6 Actions You Can Take to Make Your Nonprofit More Transparent
Unfortunately, many people do not trust some nonprofits to use their donations wisely. By being completely transparent about your finances, you can make sure potential donors don't have any reason to distrust your organization. Use this checklist to make your nonprofit more transparent.
Unfortunately, many people do not trust some nonprofits to use their donations wisely. By being completely transparent about your finances, you can make sure potential donors don't have any reason to distrust your organization. Use this checklist to make your nonprofit more transparent.
What is IRS Form 990-N? And Who Should File It?
The Pension Protection Act, passed in 2006, requires that small nonprofits, who in the past have not needed to file the IRS 990 Form, have to file the new IRS 990-N.
The Pension Protection Act, passed in 2006, requires that small nonprofits, who in the past have not needed to file the IRS 990 Form, have to file the new IRS 990-N.
5 Steps to Nonprofit Survival In a Recession
How do you keep your nonprofit financially stabile when the economy has the jitters and donors have cold feet? Weathering a bad economy should not send your nonprofit skittering to the bunkers, but it should sharpen your focus and improve your efficiencies. Here are five suggestions to consider for the economic bad times.
Sarbanes-Oxley Act
The Sarbanes-Oxley Act, enacted to govern publicly-held companies, provides a blueprint for nonprofits that want to ensure financial responsibility and transparency.
The Sarbanes-Oxley Act, enacted to govern publicly-held companies, provides a blueprint for nonprofits that want to ensure financial responsibility and transparency.
Purchase Audit Services
With the increasing need for accountability by nonprofit organizations, more and more nonprofits are turning to audit services.
With the increasing need for accountability by nonprofit organizations, more and more nonprofits are turning to audit services.
Credit Card Processing for Nonprofits
With more and more nonprofits offering donors the ability to make credit card payments, there is the potential for plenty of confusion. Your organization could end up paying more than you need to for processing transactions.
With more and more nonprofits offering donors the ability to make credit card payments, there is the potential for plenty of confusion. Your organization could end up paying more than you need to for processing transactions.
A Book for Finance-Challenged Nonprofit Managers - A Review
Managers and executives of nonprofits almost invariably come from the program side of the organization. They know how to design and deliver programs and services, curate art shows, heal patients, do academic research, perhaps even how to raise funds. What they are almost always weak on is finance.
Managers and executives of nonprofits almost invariably come from the program side of the organization. They know how to design and deliver programs and services, curate art shows, heal patients, do academic research, perhaps even how to raise funds. What they are almost always weak on is finance.
How to Trim Your Nonprofit Unemployment Insurance Costs
Typically, a nonprofit and for-profit pay for unemployment claims through a state unemployment insurance tax (SUI). But unlike their counterparts, nonprofits have an alternative choice – to become a reimbursing employer.
Typically, a nonprofit and for-profit pay for unemployment claims through a state unemployment insurance tax (SUI). But unlike their counterparts, nonprofits have an alternative choice – to become a reimbursing employer.
Sound Nonprofit Financial Management for a Sound Night’s Sleep
When asked what about their organization keeps them awake at night, most nonprofit executive directors and senior managers will give the short and simple answer: money. [p]While most bring financial management experience to their job, many have less expertise in this area than they would like. All, however, are aware that sound financial management is linked with every function of the nonprofit and is essential for organizational success.
When asked what about their organization keeps them awake at night, most nonprofit executive directors and senior managers will give the short and simple answer: money. [p]While most bring financial management experience to their job, many have less expertise in this area than they would like. All, however, are aware that sound financial management is linked with every function of the nonprofit and is essential for organizational success.
What Nonprofits Need to Know About the Zone of Insolvency
It is perplexing that approximately one third of nonprofits, more than 450,000 organizations, operate perpetually in financial distress, i.e., the Zone of Insolvency, and approximately 7%, are totally insolvent.
It is perplexing that approximately one third of nonprofits, more than 450,000 organizations, operate perpetually in financial distress, i.e., the Zone of Insolvency, and approximately 7%, are totally insolvent.
10 Ways For Nonprofits to Cut Costs
The Society of Nonprofit Organizations publishes one of my favorite journals about nonprofit management. It is called Nonprofit World and a recent issue included a wonderful article, 25 Ways to Cut Costs.
We have excerpted 10 of those suggestions here.