Resources

As the COVID-19 pandemic finally seems to be fading in the United States, your not-for-profit organization may be making plans for its post-pandemic future. Is a merger with another nonprofit part of these plans? A merger can provide your organization with greater stability and resilience so that you can survive any new challenges that comes […]

Seven years ago, Friends of The Underline (FUL) began as Meg Daly’s vision to transform the neglected land beneath the Miami Metrorail into a 10-mile linear park that connects the community from Miami River to Dadeland South. This year, after raising more than $110 million toward construction, The Underline opened its first phase located on […]

Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be a costly error. It can be complex to determine whether a worker is an independent contractor or an […]

If your not-for-profit periodically prepares internal financial statements for your board, you may have noticed that your auditors propose adjustments to these interim statements at year end. Why do auditors do this? Generally, it reflects differences due to cash basis vs. accrual basis financial statements. But you can help minimize the need for such adjustments. […]

Everyone has their own way of doing things, so set a schedule that works the way you work. If you can’t spend your off hours socializing as much as you used to, of course you can do more work, right?! Before you try to do more than you should, let’s examine our processes and see […]