Category: Nonprofit

Your not-for-profit has a board of directors — so why would it need an additional advisory board? A nonprofit advisory board can complement your board of directors. Some organizations assemble advisory boards to provide expertise for a specific project, such as a fundraisi...

There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and campaign activities, receiving excessive unrelated business income and allowing board members to financially benefit from their positions. But the ...

In times of turmoil, your board of directors should be your not-for-profit’s rock-solid foundation. But what if your board is understaffed or simply doesn’t provide the leadership requires? Think about rebuilding your nonprofit’s board — and the sooner the better. Fi...

The latest news on nonprofit fraud is here. Every two years, the Association of Certified Fraud Examiners (ACFE) publishes what has become the definitive guide for preventing and detecting workplace fraud. The recently released Report to the Nations: 2020 Global Study on Occ...

One of the strongest predictors of a not-for-profit’s long-term survival is multiple revenue streams.  Nonprofits need multiple revenue sources. Many organizations with only one or two found that out the hard way when they failed during the 2008 recession. The same is lik...

SBA came out with the PPP forgiveness application late Friday, which provides some of the guidance that we’ve been waiting for since the program started in late March. Plan to watch our webinar on Tuesday for more details....

The novel coronavirus (COVID-19) crisis has put enormous financial stress on many not-for-profits — whether they’re temporarily shut down or actively fighting the pandemic. If your nonprofit cash flow slowed down or stopped, your organization may need to do more than tri...

We hope you all are doing well and weathering the storm caused by the COVID-19 pandemic. We want to share a few important updates with our nonprofit clients. There’s a lot going on and things seem to change continually regarding PPP updates for nonprofit organizations. ...

As unemployment and financial insecurity become widespread during the novel coronavirus (COVID-19) crisis, many not-for-profit donors find themselves unable to provide monetary support to favorite charities. Instead, your organization may receive offers of gifts in kind (GIK...

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn....

Although most not-for-profits have been hurt by the coronavirus (COVID-19) pandemic, your organization’s specific challenges probably depend on your mission, constituency and other factors. For example, social distancing rules have forced most arts organization to temporar...

The Small Business Administration released these Frequently Asked Questions regarding participation of Faith-Based Organizations in the PPP and EIDL loan programs.  These FAQs may help clarify some of the areas that had been unclear.  Not that everything is crystal clear n...