February 22, 2016 12:40 pm
Published by Amy Bucklin
Many nonprofit organizations provide a retirement plan for their employees. But unless the plan is already required to have an independent audit, most organizations are unaware of the high standard of fiduciary responsibility the IRS and Department of Labor place on plan sponsors to oversee their benefit plans and operate them in accordance with regulations.
February 22, 2016 11:55 am
Published by Amy Bucklin
Donations to nonprofits plunged during the latest recession and have been edging their way to healthier levels ever since. But many contributors today can afford only small gifts in a still-tight economy. Enter the micro-donation.
February 22, 2016 11:16 am
Published by Amy Bucklin
With so much attention these days paid to fundraising ratios, many nonprofits feel pressure to minimize their fundraising expenses. This makes allocating joint costs — costs associated with activities that have both fundraising and other functions — appealing. But before you take that step, make sure you’re familiar with some frequently misunderstood accounting rules.
January 11, 2016 5:19 pm
Published by Amy Bucklin
This issue looks at 10 steps for finalizing your budget, four areas of financial responsibility not-for-profit board members need to understand, why churches need capital plans, how to conduct an effective capital campaign, and more.
January 4, 2016 4:38 pm
Published by Amy Bucklin
January 4, 2016 - The IRS announced that it has extended the due dates for Affordable Care Act (ACA) reporting Forms 1095-B and 1095-C.
January 4, 2016 3:25 pm
Published by Amy Bucklin
Every church is only as healthy as its leadership, and the healthier the church, the better the chances it will maintain sound financial management. Review these eight factors of healthy church leadership and consider where your team is strong and where there may be weaknesses.
January 4, 2016 1:20 pm
Published by Amy Bucklin
The word “budget” can strike fear in the heart of nearly any staff member. These considerations will help you prepare to budget, resulting in a more successful process and an effective budget that supports your church’s goals.
December 31, 2015 3:45 pm
Published by Amy Bucklin
If you serve as a nonprofit board member, we recommend that you review the organization’s Form 990 and be informed enough to answer these 15 questions.
November 23, 2015 12:51 pm
Published by Amy Bucklin
Special events can be a good source of revenue for your organization, and annual events can grow into a strong, long-term source of funds. The key is that it takes planning. This article covers the potential tax ramifications you need to consider.
November 11, 2015 6:00 pm
Published by Amy Bucklin
The face of ministry has changed. Demographic shifts, new technologies, and changing attendee expectations require new ways of encouraging engagement and stewardship.