If your non-profit sets performance objectives, which is recommended for most organizations, it’s essential to have benchmarks in place to assess your progress. Initially, your staff members and board may
Non-profit organizations are dedicated to pursuing nonfinancial or philanthropic objectives rather than generating profits or build value for investors. However, they must still maintain oversight of their financial well-being. This
Are your non-profit’s accounting processes functioning perfectly — with no errors, delays, or other inefficiencies? If yours is like most, then probably not. But it can be better if your
If you have a smaller non-profit and you’re using the cash basis of accounting, it may make sense for your organization — at least at this stage. Many smaller non-profits
If you don’t properly train your employees, your non-profit can’t consider its cybersecurity program. If employees visit ‘dangerous’ websites, mix work and personal accounts, or can’t recognize a social engineering
A few years back, a popular and well-compensated executive director of a west coast youth soccer league was accused of fraud. After scrutinizing the club’s books, the league’s board of
Since the original COVID-19 lockdowns, many non–profits have allowed their staffers to work remotely or on a hybrid arrangement. This can leave a lot of office space unused. Therefore, it
Whether you’re your non-profit has existed for years or recently established, you may have questions about insurance needs. For starters: What kind do you need? How much? Are you required
If your non-profit receives significant federal funds, it may be subject to the Office of Management and Budget’s Administrative Requirements, Cost Principles, and Audit Requirements (Uniform Guidance). And if your
You may be nervously watching macroeconomic signs as a non-profit leader. As inflation, interest rates, and the possibility of recession continue to rise, you might be curious how to predict
