Recording pledges correctly is essential for nonprofits seeking accurate financial reporting and long-term financial stability. A successful fundraising campaign can generate donor commitments that extend well beyond the current year.
Board minutes are more than an administrative task. They provide the official record of how your non-profit’s governing body exercised its authority, and they may become important during an audit,
Non-profit leaders regularly make important decisions about money, people, and programs. Even when those decisions are informed and well-intentioned, they can still lead to allegations involving mismanagement, conflicts of interest,
A conflict of interest does not automatically indicate wrongdoing. However, when non-profit leaders do not disclose and properly address personal or financial interests, even a well-intentioned decision can create tax,
Restructuring can help certain non-profits reduce costs, combine resources, change legal forms, or move to another state. For some domestic organizations recognized as tax-exempt under Section 501(c), IRS guidance allows
Adding employees can help your non-profit expand programs, strengthen services, and reduce pressure on an overstretched team. However, hiring is a significant financial and operational commitment. Before recruiting, take a
Volunteers can provide meaningful support for non-profits, helping organizations address staffing gaps, complete important projects, and devote more resources to their missions. In fact, Independent Sector estimated the national value
A capital campaign can help non-profits move an ambitious goal closer to reality, but the size and scope of the effort may cause hesitation. These campaigns are not limited to
Annual campaigns and grassroots fundraising remain important for non-profits, but relationships with major donors can create opportunities that smaller gifts alone may not support. For many organizations, the key is
If you wait until year end to prepare your non-profit annual report, you may end up with rushed content and overlooked accomplishments. Throughout the year, it’s smart to gather personal
