Articles
Reimagine Your Nonprofit to Keep Crisis Worries Away
Numerous nonprofits have survived many challenges for decades and hopefully will thrive in the face of the Covid-19 pandemic as well. Truth be told, it is not easy to adapt to changes and reposition your organization to keep up with the changing times, especially when it comes to fundraising for nonprofits.
Main Street Lending Launches Nonprofit Organization Loan Programs
On Friday, July 17th the Federal Reserve updated the Main Street Lending program to provide information related to nonprofit organizations ability to participate in the program as mandated by the CARES Act. The facility now
PPP, HHS and other COVID Stimulus Quick Updates
After the initial passing of the CARES Act and subsequent extensions there were daily and sometimes hourly changes to report. In the past 6 weeks it has largely been quiet with few new or major
New Comparability Plan… Is it Right for You?
Pension plans should be an important part of every business’ benefits package. Not only do they let business owners/executives and employees to set aside funds for their retirement, but they provide the added ability for
Why Testing is Important for Pensions
As auditors, we are always busy performing different types of testing, especially controls and compliance-based test work. While there is a common stigma about auditors and audits in general, and they have a “gotcha” sort of mentality,
Nonprofit Governance: It’s Not Rocket Science Part 2 – Assure Compliance & Avoid Governance Traps
Let’s start with this basic premise: people join nonprofit boards because of their passion for the mission. No one joins a nonprofit board to spend time and energy on nonprofit governance. Nobody wants to become a governance geek!
Governance: It’s Not Rocket Science
At a recent board meeting with a new client, I found myself at the table with a number of brilliant and acclaimed scientists, some of whom had worked for NASA at different points in their careers. The board members’ individual accomplishments aside, this organization’s governance was abysmal.
Effective Board Meetings: How do you ensure your Board remains effective?
Board meetings should be structured effectively to allow board members to connect with the mission of the organization and encourage a commitment to achieving organizational goals. Some practices that contribute to effective board meetings include
Succession Planning for Nonprofit Boards
Nonprofits that are serious about their own sustainability should also be serious about planning for the smooth and thoughtful transition of their leadership. Whether a transition occurs due to an unexpected vacancy on the staff
