Nonprofit Resources
Fraud Happened. Now What?
Unfortunately, the church has a long history of fraud as evidenced by biblical accounts, by two thousand years of church history, and by headlines in today’s news. Fraud can occur within any church. This article discusses key steps to take and key questions to ask for an appropriate and proactive response if fraud should ever occur within your church.
New Employee Benefit Plan Service Helps Nonprofits Assess Compliance
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.
With Micro-Donations, Good Things Can Come in Small Packages
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.
Joint Costs: The Right Way to Allocate
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.
How Healthy Is Your Church? New Service Provides a Checkup
If you’re like many Americans, an annual checkup is the one time a year you go to the doctor even though you feel healthy. Likewise, churches can benefit from a checkup of their operational health, even if they believe everything is going well.
Ten Steps to Finalizing Your Annual Budget
No organization has an infinite supply of resources. Follow these steps to create a realistic and effective budget that will help your organization use the resources you do have in a way that accomplishes your goals and furthers your mission.
Nonprofit Issues Newsletter, Winter 2015
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.
How Healthy is Your Leadership?
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.
Planning Your Budgeting Process
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.
15 Questions Nonprofit Board Members Should Be Able to Answer
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.