Why Your Non-Profit Needs To Notify Supporters & The IRS Of Mission Changes
In non-profit organizations, it is common for mission drift to occur. If an organization has been active for a long time, there may be new and evolving changes that can
In non-profit organizations, it is common for mission drift to occur. If an organization has been active for a long time, there may be new and evolving changes that can
Even if your non-profit organization rarely needs to reimburse staffers, board members, or volunteers, there still may be times that reimbursement requests appear. Do you know how to handle these
Non-profit leaders have a lot to worry about, whether it’s inflation, trouble finding employees in a tight labor market, or defending against cyber threats. If predicting finances is more difficult
Some provisions of the SECURE Act 2.0 have been in effect for over a year, impacting various aspects, including 403(b) retirement plans. If your non-profit organization provides a 403(b) plan
The U.S. economy added 353,000 new jobs in January 2024. With the current rate of 3.7%, the unemployment rate has remained under 4% for two years. While this is generally
Current donations are possibly your non-profit’s bread and butter, but you can’t afford to neglect planned, legacy, or deferred gifts. Typically made through wills and living trusts, these gifts often
Audited financial statements aren’t required of non-profits. However, audited statements are more likely to reassure big donors, grant makers, and stakeholders about your organization’s financial stability and generally are required
Economic, social, and political events that have already occurred in 2024 carry the potential to adversely impact your non-profit organization’s budget. If you typically create fixed budgets well before each
If your non-profit consistently faces staffing shortages, you might decide to enlist the assistance of independent contractors or freelancers to alleviate the workload. If this is the case for your
If your non-profit is considering international expansion in 2024, be cautious. The rules for non-profit activities in the United States, like asking for donations, finding members, hiring workers, and selling