Can Your Board Recognize Financial Red Flags?
A key fiduciary duty of your non-profit’s board of directors is to oversee and monitor the organization’s financial health. Some financial warning signs — such as the loss of a
A key fiduciary duty of your non-profit’s board of directors is to oversee and monitor the organization’s financial health. Some financial warning signs — such as the loss of a
Outside financial audits may seem like an extravagance to non-profits working to contain costs and focus on their mission. But undergoing regular audits allows your organization to identify risks early
The deductibility of most charitable gifts has not changed since passage of the Tax Cuts and Jobs Act, but some recordkeeping requirements have. Helping your donors who itemize deductions understand
According to the Center for Effective Philanthropy, practically all non-profits in the United States solicit feedback from their clients when designing programs and services. However, resource constraints — lack of
Do you associate ERM with for-profit businesses? This systemic approach to risk reduction can be just as effective when adopted by non-profit organizations. Even organizations with limited resources can —
A much-hated tax on non-profit organizations is on the way out. At the end of 2019, Congress repealed a provision of 2017’s Tax Cuts and Jobs Act (TCJA) that triggered
Non-profit capital campaigns aim to raise a specific — usually, a significant — amount of money over a limited time period. Your non-profit may undertake a capital campaign to acquire
Does your non-profit organization have a conflict-of-interest policy in place? Do your board members, trustees, and key employees understand how the policy affects them? If you answer “no” to either
If you think SEO is something only for-profit businesses need to worry about, think again. The Google rankings of your non-profit’s website can make a tremendous difference in the donations
State law typically specifies the minimum number of directors a non-profit must have on its board. But so long as organizations fulfill that requirement, it is up to them to