Blog
Make fundraising a year-round commitment
August 31, 2023If your not-for-profit focuses all of its fundraising energy on the holiday season and the end of the year, it’s not misguided. After all, 26% of charitable giving to nonprofits occurs in December, according to the 2023 M+R Benchmarks Study. But that means almost three quarters of annual donations need to be obtained during the […]
Start cross-training your accounting team today
August 15, 2023The accounting profession is facing a talent crisis. The U.S. Bureau of Labor Statistics estimates that roughly 17% of U.S. accountants and auditors have left their jobs over the past two years, leaving some open positions unfilled for many months. And the American Institute of Certified Public Accountants (AICPA) estimates that 75% of CPAs have […]
Overcoming benchmark resistance in your nonprofit
August 14, 2023If your not-for-profit sets performance goals — and most organizations should — then you need benchmarks to measure your performance. Staffers and your board may not enthusiastically embrace benchmarking at first. But if you can show its value and make the process easy, you should be able to get everyone on board. Mission-focused work Employees […]
Do you need to shake up your nonprofit’s culture with new ideas?
August 14, 2023Most not-for-profits develop a culture over time that comes to define the organization. But even if your organization has a successful record and reputation, your staffers can become complacent and growth and productivity can suffer. Here’s how to determine if you need to make cultural changes. Signs of trouble There are several signs that a […]
Is QuickBooks right for your nonprofit?
August 10, 2023Not-for-profit organizations exist to achieve nonfinancial or philanthropic goals, not to make money or build value for investors. But they still need to monitor their financial health — that is, how much funding is coming in from donations and grants and how much the organization is spending on payroll, rent, and other operating expenses. Many […]
Recent Posts
- Do you have to return a donation when a donor requests it?
- Don’t let IRS compliance issues drag down your nonprofit
- Trust and internal controls can coexist in your nonprofit
- 4 ways to prepare for next year’s audit
- Joining forces with another nonprofit
- Client Corner – The Women’s Breast & Heart Initiative
- Build a better nonprofit board with term limits
- Supplement your financial statements with timely flash reports
- Nonprofits: Ready, set, audit!
- Private foundations: “Disqualified persons” must color within the lines