Nonprofit Resources

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Nonprofit Issues Newsletter, June 2025

This issue covers personnel file best practices, higher education liquidity considerations, risk assessment for churches, nonprofit founder compensation, and more.

 

Personnel File Best Practices

When new employees join your organization, the transition from hiring to onboarding might feel like a race to the finish line so they can join your team and begin contributing to your mission.

Following these best practices for personnel files and record retention can help you streamline the process and meet federal and state government expectations and requirements.

 

Higher Education Liquidity: How to Fund Your Mission During an Era of Financial Uncertainty

Higher education leaders are facing a difficult financial reality, and traditional liquidity measures are proving inadequate. Careful strategic planning is necessary to weather these challenges.

This article provides an overview of the current liquidity challenges in higher education and potential options to address them, including considerations around operating margin, capital markets, donor-restricted investments, and more.

 

Performing Risk Assessment in Churches

Internal audits have many potential benefits for churches. One key component of an effective internal audit is performing a comprehensive assessment of the risks your church faces.

With thoughtful planning and support, including a risk assessment process in your internal audit function can help your church protect its resources, maintain financial integrity, and proactively manage risk. These practical suggestions can help you get started or update your existing process.

 

Nonprofit Founder Compensation Considerations

Nonprofit employee compensation requires careful thought and planning, and it’s often particularly complex at nonprofit organizations led by a founder who wants to devote funds to mission-focused initiatives instead of their compensation.

Here are key considerations to help founder-led nonprofits and their boards address executive compensation in a way that sets both the founder and the organization up for long-term success.

 

When Your Institution is Facing an Uncertain Future: Closing the Right Way

As economic conditions shift and post-secondary enrollment declines, some higher education institutions may face the difficult reality of closure.

These six steps can help higher education leaders plan thoughtfully and communicate effectively as they manage the complexities of closing with integrity and care.

 

Newsbits

Upcoming Webinar on Money and Ministry: 7 Costly Financial Mistakes to Avoid

Churches today are experiencing rapid and wide-ranging changes, making it more important than ever for leaders to identify trends sooner and respond faster.

During this free XPastor webinar on Tuesday, July 8 at 2 p.m. CDT, CapinCrouse professional Ken Tan will discuss seven common but costly mistakes to avoid so you can maximize your church’s ministry impact. Learn more and register here.

 

Watch Webcasts on Demand

Check out our recorded webcasts on topics such as global finance, current nonprofit fraud risks, clean energy credits for nonprofit organizations, and more. You can access our library of recorded webcasts here.

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