Blog

Becky Gibbs | Sep. 9, 2020

What to do When the Audit Ends

Financial audits conducted by outside experts are among the most effective tools for revealing risks in not-for-profits. They help assure…

Chris Wittich | Sep. 8, 2020

EIDL Loans Explained

In this 10-minute video, Chris Wittich, MBT, CPA explains the basics of EIDL loans and what you need to know.

Becky Gibbs | Aug. 24, 2020

Financial Dashboards Can Steer Your Nonprofit Toward Financial Success

Not-for-profits increasingly are adopting a corporate world tool: financial dashboards. A dashboard is a summary of an organization’s progress toward…

Becky Gibbs | Jul. 16, 2020

To Find New Revenue Opportunities, Think Like an Auditor

Want to increase your not-for-profit’s revenue? First try analyzing current income as a professional auditor might. Then, you can apply…

Anna Lovegren | Jul. 13, 2020

An Advisory Board can Complement your Nonprofit’s Board of Directors

Your not-for-profit has a board of directors — so why would it need an additional advisory board? A nonprofit advisory…

Anna Lovegren | Jun. 24, 2020

Regaining Your Tax-Exempt Status if You Failed to File Form 990s

There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and campaign…

Becky Gibbs | Jun. 11, 2020

Rebuilding Your Nonprofit’s Board

In times of turmoil, your board of directors should be your not-for-profit’s rock-solid foundation. But what if your board is…

Becky Gibbs | May. 27, 2020

To Survive the Current Crisis, Your Nonprofit Needs Multiple Revenue Sources

One of the strongest predictors of a not-for-profit’s long-term survival is multiple revenue streams.  Nonprofits need multiple revenue sources. Many…

Anna Lovegren | May. 18, 2020

Top 10 Things Nonprofits Need to Know About PPP Loans (as of May 18, 2020 anyway)

SBA came out with the PPP forgiveness application late Friday, which provides some of the guidance that we’ve been waiting…

Becky Gibbs | May. 13, 2020

Is Your Nonprofit’s Tap Running Dry?

The novel coronavirus (COVID-19) crisis has put enormous financial stress on many not-for-profits — whether they’re temporarily shut down or…

Anna Lovegren | May. 7, 2020

PPP Updates for Nonprofit Organizations

We hope you all are doing well and weathering the storm caused by the COVID-19 pandemic. We want to share…

Barb Sawdy | May. 6, 2020

Employee Retention Credits

The employee retention credit is a refundable credit of 50% of up to $10,000 in qualified wages (qualified health plan…