Nonprofit Resources
Three Best Practices for Successful Nonprofit Mergers
While a lot has been written about the benefits of strategic nonprofit mergers and acquisitions, they can be challenging to accomplish. Fortunately, there are several best practices nonprofit leaders can follow to successfully guide their organization through the merger process.
5 Steps to Strengthen Your Organization’s Cybersecurity Defenses
All nonprofits are at risk of a cyber breach. These five steps will help you understand the key issues and risks and how your organization can strengthen its cybersecurity defenses.
What Nonprofits Need to Know About the FASB Financial Reporting Standards Changes
The impact of the financial reporting changes in FASB ASU 2016-14 will be substantial for many nonprofits. This article explains key reporting changes nonprofits need to be aware of and begin planning for.
Generate Revenue Enhancement Opportunities for Your Organization
Many nonprofit organizations are considering alternative revenue sources as a way to bring in extra funding. As with most initiatives, the key is to plan diligently.
When the Fairy Tale Goes South: Executive Compensation Agreements
Whether you are a new, long-time, or prospective senior management official (SMO), an employment contract is vital. Learn what an employment contact should include in this article from Gammon & Grange.
Board Service Boosts Careers
Do you need an enticement for attracting high-quality board members? As a recent Wall Street Journal article points out: “Executives are doing good for others — and good for their careers — by joining boards of nonprofit organizations.”
5 Steps to Strengthen Your Institution’s Cybersecurity Defenses
Hacking has been receiving a great deal of attention lately in the political arena, but many higher education leaders may not realize the severity and scope of the threat to their own institution.
Report Gift Cards on Form W-2 for Employees
The IRS recently clarified the rules for reporting gift cards given to employees on Form W-2. Check out this example and an explanation of the rules.
Top Cybersecurity Myths and How to Overcome Them
The number of cyber breaches and incidents is skyrocketing, and that pattern will continue. So what should nonprofits be doing? This article examines two prevalent cybersecurity myths and the steps you can take to help protect your organization.
Preparing for the FASB Financial Reporting Standards Changes
The Financial Accounting Standards Board (FASB) has announced the most significant update to not-for-profit financial reporting in 23 years. The changes are significant, and it’s important to begin planning now.