Articles
Demystifying Nonprofit Financial Statements: Complete Guide
May 29, 2024 Between fundraising, marketing, and keeping your programs afloat, your nonprofit team likely collects a variety of financial data. This information is crucial in making informed decisions about resource allocation and setting your organization
Federal Resources for Food Relief Organizations
May 23, 2024 In 2022, 49 million people turned to food assistance according to Feeding America, the largest charity working to end hunger in the United States. To help meet this demand, food relief organizations can
Top 10 Issues For Nonprofit Boards (Part 2) Featuring Ellie Hume on The Nonprofit Show
May 21, 2024 On this second part of a two-part series, you’ll learn about the critical differences between IRS classifications like 501(c)(3) and 501(c)(4) and understand the strategic roles of nonprofit board committees in governance
Top 10 Issues Nonprofit Boards Must Monitor (Part 1) Featuring Ellie Hume on The Nonprofit Show
May 20, 2024 Discover the five key areas that boards must diligently monitor: mission statement clarity, robust governance, financial oversight, active involvement in fundraising, and strict management of conflicts of interest. Learn why continuous education
Inflation Reduction Act: Clean Energy Tax Credits for Tax-Exempt Entities
Inflation Reduction Act of 2022 (“IRA”) offers various tax credits to incentivize individuals, businesses, and tax-exempt organizations alike to transition to clean energy sources. While tax credits are a great incentive for tax-paying individuals and businesses,
ACA Compliance Guide for Employers
Learn how to comply with the Affordable Care Act’s employer mandate, including plan requirements, notification rules, and reporting obligations. For many employers, researching and applying the Affordable Care Act’s (ACA) complicated provisions can feel like
2024 Nonprofit Trends
As we move deeper into 2024, we look at what we can expect for the nonprofit sector as the year progresses. In 2023, the sector grappled with multiple challenges… the end of the COVID era
The Role of Data Analytics in Nonprofit Decision-Making
Nonprofit organizations, driven by their altruistic missions, often grapple with multifaceted challenges in achieving their goals. In today’s era of data abundance, the role of data analytics in nonprofit decision-making has surged in importance. Data
How to Account for Joint Costs in Nonprofit Organizations
A GUIDE TO APPLYING THE ACCOUNTING STANDARDS FOR ACTIVITIES THAT INCLUDE BOTH PROGRAM AND FUNDRAISING COMPONENTS. WHAT ARE JOINT COSTS AND WHY ARE THEY IMPORTANT? Joint costs are the costs of conducting activities that have
