A crucial part of a non-profit’s overall risk management strategy is insurance. The right non-profit insurance coverage can help your organization stay afloat in times of uncertainty by protecting employees
It’s not uncommon for non-profits to face financial challenges. It even happens to organizations with healthy fundraising, as they can’t always know if the money is going to arrive when
For organizations that have served their communities for many years, non-profit mission drift often happens gradually. Organizations often adapt their programs and services to stay relevant as a community needs
You might be considering alternative investments as a way for your non-profit to strengthen its long-term financial performance. Alternative investments can help provide higher returns than traditional investments and boost
When it comes to facing challenges in your non-profit, specialized expertise, broader community representation, or fundraising connections beyond what your governing board provides may be necessary. One effective way to
For professionals, deciding which memberships deserve a place in a budget is a key factor in reevaluating recurring expenses. Members are beginning to expect a personalized experience, flexible engagement options,
Non-profits often rely on bursts of fundraising activity such as short campaigns that bring in funds followed by long, quiet stretches for their organization. However, this stop and start approach
A tax-efficient way for non-profits to reimburse their employee business expenses is accountable plans. These plans help reduce payroll taxes for the organization and allow reimbursements to be excluded form
From donors, grantors, and the communities they serve, non-profits are built on trust. This trust can be quickly broken when the possibility of fraud by an employee arises. It’s important
Non-profits that strictly depend on one or two funding sources often face greater financial risk when external conditions change whether due to economic shift, policy adjustments, or evolving donor priorities.
