One thing every new non-profit organization can count on is change. Ideally, the changes you experience will be for the better, including expanded programming, increased staffing, more clients served, and
Some job candidates assume that non-profit organizations offer lower compensation than for-profit organizations do. Having open positions in your non-profit can be a difficult hurdle to overcome — especially if
Elite athletes train hard to perfect their performance in a certain discipline, but they also cross-train. For example, a sprinter might, in addition to running, lift weights, swim, and cycle.
If you’re a leader of a private foundation, you’re most likely familiar with the prohibition against self-dealing transactions between foundations and “disqualified persons.” But what constitutes self-dealing? And who exactly
The deadline to file Form 990 with the IRS for most non-profits (May 15, 2024) has come and gone. Assuming your organization operates on a calendar-year tax basis and filed its
To administer productive programs worthy of your non-profit’s budget, you need to assess whether they’re meeting clients’ needs. Typically, the best way to do this is by surveying participants. However,
External audits can reassure your non-profit’s stakeholders that your financial statements are accurate according to U.S. Generally Accepted Accounting Principles (GAAP). They can also help prevent occupational fraud. Audit reports
In 2023, Indiana University’s Lilly Family School of Philanthropy released a public opinion survey that provided both good and bad news for non-profits. Although the respondents said they trust philanthropic
Alternative investments may appeal to your non-profit because they often bring in higher dollar volume in the long-term than a traditional securities would. However, these investments can come with tax
As a non-profit leader, it’s critical to manage risks well. You likely have to consider and act to mitigate risk to your facilities and assets, but also your clients and
