Resources

Whether it’s inflation, trouble finding staffers in a tight labor market, or cybersecurity, nonprofit leaders have a lot to worry about. If making financial forecasts is more difficult than usual, consider taking measures that will fortify your not-for-profit’s position, regardless of the challenges. Keep an eye on cash Your organization may still be struggling following […]

Sponsorship and advertising dollars can provide a real boost to your not-for-profit organization’s income. However, if sponsors or advertisers receive a “substantial benefit” or if providing benefits isn’t a related business activity, you may owe unrelated business income tax (UBIT) on the payments. Here’s a quick look at what is and isn’t taxable. UBIT typically […]

Despite many predictions to the contrary, U.S. employers have continued to add workers to their payrolls and the unemployment rate has remained low — at 3.7% as of November 2023, according to the Bureau of Labor Statistics. Is your not-for-profit among the employers that need fresh staffers? The new year is a good time to start looking, […]

We are proud to feature our client, Be Strong International! Be Strong International is an award-winning nonprofit organization that provides holistic educational services and resources to families in Broward and Miami-Dade counties, bringing them from brokenness to wholeness by helping them develop healthy relationships through heart skills education. Through the hard work of their staff, volunteers, donors, and board members, they are able to BE STRONG in the community. Click here to read more about Be Strong’s wonderful programs and resources.

Does your company struggle to close its books at the end of each month? The month-end close requires accounting personnel to round up data from across the organization. This process can strain internal resources, potentially leading to delayed financial reporting, errors, and even fraud. Here are some simple ways to streamline your company’s monthly closing […]