July 13, 2022 - While nonprofit organizations frequently use the titles of chief financial officer, controller, and director of finance synonymously, they are very distinct roles with different duties and skill sets. Here's a look at key responsibilities for each.
Author Archives for Stan Reiff
About Stan Reiff
Stan serves as Partner and Professional Practice Leader - Consulting. Stan’s professional experience includes over 35 years in ministry operations, public accounting, government accounting, and missions. He provides strategic leadership of the firm’s professional advisory and consulting services, including research of emerging issues in the faith-based nonprofit sector and the development and implementation of products and services in response to those needs.
April 27, 2021 - Executive compensation is a complex issue for churches and ministries. This article has insight and resources from industry thought leaders to help you navigate the key considerations.
June 29, 2020 - Nathan Artt of Ministry Solutions shares his insights on the differences between the current economic situation and the 2008 financial crisis, specifically related to churches.
Many nonprofits struggle with knowing what data is significant. If your nonprofit is wondering how to best analyze outcomes and results, consider starting with these outcome metrics.
The modern workplace is one in which employee turnover is now the norm. Proactive organizations will anticipate, accept, and plan for this new reality.
Nonprofit organizations need to attract and retain qualified leadership. But many nonprofit leaders are unaware of the intricacies of the IRS requirements for executive compensation — and of the significant penalties that can arise if the IRS deems compensation “excessive.”
A new report from the Association of Certified Fraud Examiners (ACFE) shows that fraud continues to be a significant threat to all nonprofit organizations. Take a look at key findings from the report, plus five steps you can take to reduce your risk.
A hacked email account. A perpetrator posing as a senior leader and requesting a fraudulent funds transfer. This may sound like a movie plot, but it is a reality we see playing out more and more. Learn more about this type of IT security breach and four recommendations for preventing it.
If you serve on the board of an organization, you’ve probably heard the term “fiduciary responsibility” and know that it applies to your role as a board member. Yet you may not be aware of exactly what that involves for board members of not-for-profit organizations.
Church “polity” often defines your church’s structure, board roles, and responsibilities. If you are a church board member, it’s critical that you understand the role of your church governing body in relation to your church polity in order to help you understand your role and responsibilities.