When professional auditors review a non-profit’s books, they usually spend significant time on revenue. Inadequate revenue — or revenue trending in the wrong direction — can provide an early warning
No non-profit wants to turn down donations — particularly if they’re large. Nevertheless, you need to consider the source of gifts and potentially refuse those attached to controversial donors. Bad
A new generation is spearheading social movements, volunteering for causes, and making charitable donations. If your organization isn’t paying attention to Generation Z — the youngest cohort of adults —
A spending policy is the formula used to determine how much of the value of investments a non-profit organization will tap each year for such expenses as operating costs and
Many states have already held primary elections, and the airwaves are clogged with candidate ads. Yes, the November ‘mid-terms’ election season has begun! So, now is a good time to
When the COVID-19 pandemic forced lockdowns in Spring 2020, many non-profit organizations initially resisted laying off employees. Retention tax credits provided under the Coronavirus Aid, Relief, & Economic Security Act
Recently, the Association of Certified Fraud Examiners (ACFE) published its biannual ‘Report to the Nations: 2022 Global Study on Occupational Fraud and Abuse.’ Of all the types of organizations surveyed
Quid pro quo donations occur when a non-profit receives a payment that includes a contribution and the organization provides the donor with goods or services valued at less than the
There are thousands of grants and millions of dollars available to non-profits from the federal government, states, foundations, and other sources. Unfortunately, you can’t just ask nicely and expect to
The pandemic, ongoing economic insecurity, and uncertainty about the future have prompted some non-profits to make board designations of unrestricted assets. What are board designations, why are they worth considering,
