Resources

Employee Spotlight with Tiffany Stewart

May 16, 2024

When did you join Waters|Ortiz? May 15, 2023 Why did you choose Waters|Ortiz? My goals aligned with Amanda and Roxanne’s. I wanted to put my experience in non-profits to good use and make an impact with more than one organization. What do you love most about your job/profession? It allows financial information to help shape […]

5 ways to present your financial results in a reader-friendly manner

May 15, 2024

Accurate, timely financial information is key to making good decisions for executives, board members, investors, and other stakeholders. But not everyone who reads your financial statements will really understand the numbers they receive and what they mean to your organization. Here are some ways to present your financial results in a reader-friendly manner. Consider your […]

Nonprofits don’t lose as much to fraud, but risk requires action

May 15, 2024

According to the Association of Certified Fraud Examiners’ (ACFE’s) Occupational Fraud 2024: A Report to the Nations, not-for-profits suffer roughly half the median loss per fraud scheme of for-profit businesses and government entities — $76,000 vs. $150,000. That may sound like good news, except for the fact that most nonprofits are on tight budgets and […]

Are your volunteers risking legal and tax liability?

May 9, 2024

Comprehensive risk management is one of the primary responsibilities of not-for-profit leaders. You probably regularly consider and act to mitigate risk to your facilities and assets and your staffers and clients. What about your volunteers? Even though the federal Volunteer Protection Act of 1997 provides some protection, volunteers face the real risk of being sued […]

4 Key Measures to Control Your Not-for-profit’s Expenses and Improve Efficiency

April 26, 2024

OK, that would be an exaggeration. But there are four measures that generally matter more than the rest. To control your not-for-profit’s expenses and improve operating efficiency, you need to keep an eye on the numbers. This should come as no surprise. But which measures are important? Which ratios can help you identify how much […]

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