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.
October 24, 2024 8:47 pm
Published by Stan Reiff
October 24, 2024 - When individuals perform work for an organization, there are several specific, defined ways for them to be classified in the organization’s payroll and accounting systems, depending on the nature of their work. It is important to classify workers correctly because errors have tax implications for both the employee and the employer.
December 14, 2022 9:41 am
Published by Stan Reiff
December 14, 2022 - Using data doesn’t have to be complicated, and the benefits can be significant. With the right systems and processes, data can help your organization operate more efficiently, effectively, and strategically.
October 26, 2022 1:44 pm
Published by Stan Reiff
October 26, 2022 - As market and economic conditions continue to change, many organizations may feel like they’re repeatedly facing new compensation decisions. This article looks at the continued impact of inflation, provides examples of what a few of our clients are doing as a result, and discusses next steps to consider.
July 13, 2022 1:55 pm
Published by Stan Reiff
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.
April 27, 2021 8:54 pm
Published by Stan Reiff
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 11:21 am
Published by Stan Reiff
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.
October 15, 2019 2:07 pm
Published by Stan Reiff
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.
September 26, 2017 4:48 pm
Published by Stan Reiff
The modern workplace is one in which employee turnover is now the norm. Proactive organizations will anticipate, accept, and plan for this new reality.
June 5, 2017 10:00 am
Published by Stan Reiff
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.”
June 14, 2016 3:24 pm
Published by Stan Reiff
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.