There’s no question that the Novel Coronavirus has caused chaos across our country, and nonprofits are not exempt. Some nonprofits, including California nonprofits, are overwhelmed with requests for services or financial help, while others have been forced to close temporarily. Either way, it’s … Read More
A strong corps of volunteers who operate within a robust volunteer program can be a huge help to many nonprofits. Where employees or outside professionals like lawyers or nonprofit audit services are not needed, volunteers can step in and provide vital assistance in day-to-day operations or annual … Read More
For many nonprofits, their annual report is a multi-team project that takes a good deal of time, effort, and coordination - and for good reason. The annual report is not only an opportunity to check the pulse of the organization, but also to display to its many stakeholders the hard work the … Read More
Do you know how to evaluate the use of your nonprofit’s funds and the target ranges for these metrics? Though sound financial management may not be front and center in your nonprofit’s mission, it is essential for ensuring the integrity of its programs and services. One of the benefits of nonprofit … Read More
As any provider of nonprofit audit services will tell you, it is ideal to have a diversity of funding sources. When your nonprofit can rely on multiple types of funding, your more likely to avoid budget shortfalls and better positioned to expand your services as you need. Cause marketing is an … Read More
In any organization, there are bound to be unexpected fluctuations in staffing that can negatively impact the organization’s functioning. These fluctuations, however, can be experienced more intensely in nonprofits, where positions that make up the smooth operation of the organization tend to be … Read More
Whether you compensate your nonprofit’s board or it's made up of volunteer members, their position as trustees of your organization comes with critical fiduciary responsibilities. These duties may be codified in state law, but even if they are not, fiduciary duties are essential to preserving the … Read More
Many well-intentioned donors may wish to give “restricted” gifts, or gifts that are conditional or tagged for specific purposes, such as for the the development of a specific program or initiative. Unrestricted giving, however, can offer a flexibility that often better serves the organization the … Read More
For many non-profit organizations, grant money is fundamental to their funding model and securing those grants can be an anxiety-inducing task. Not only are the stakes high, but also there is often stiff competition for the same money. For these reasons, it is important to prioritize a consistent … Read More
A nonprofit’s tax exempt status is not a given once it is granted. Rather, it is an ongoing characterization that governs the way revenue is created and used. In order to maintain nonprofit exempt status, organizations must look carefully at the IRS rules that define exempt status and ensure they … Read More