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.
The composition of a non-profit’s board is critical when it comes to the organization’s governance, financial oversight, and long-term sustainability. So, whether or not to have term limits for board
Nearly every region of the United States is faced with the risk of natural disasters, whether that’s winter storms, flash floods, wildfires, hurricanes, and so on. For organizations, risk doesn’t
Non-profits that are well-established often have loyal supporters, stable operations, and a good reputation. However, just because an organization is well-established, doesn’t mean it doesn’t face its own set of
Non-profit finance committee best practices start with understanding the committee’s role in maintaining financial stability and accountability. More than just reviewing financial statements, the finance committee helps shape strategy, supports
Accurate timekeeping practices are essential for non-profits. Most organizations are often juggling multiple programs, funding sources, and staffing structures simultaneously. Certain records are required to be kept under federal and
”Accountability” isn’t just the latest management buzzword. When put to good use and properly embraced, accountability can actually help transform an organization. Fostering a proactive mindset that anticipates challenges and
For most non-profit organizations, love of financial management is not at the core of the organization. However, financial oversight easily becomes increasingly complex and critical as an organization grows. If
