Nonprofit Resources
How to Create a Compensation Philosophy and Policy for Your Organization
August 28, 2023 - A written compensation philosophy and policy can be a vital tool in creating a compensation strategy that helps your organization recruit and retain the qualified employees you need to achieve your mission. Here are four key benefits.
Demystifying Nonprofit Cost Allocations
August 22, 2023 - The practical application of cost allocation concepts can be challenging to navigate. This article provides an overview of allocation methods and how to allocate grant costs.
Endowment Woes! Navigating The Nuances With Endowments
August 22, 2023 - While an endowment is a great idea for long-term planning and may provide continuous funding for charitable activities, it comes with some nuances that must be carefully navigated to ensure it is successfully managed and fulfills the intended purpose.
Cyber Insurance for Nonprofits: What it Looks Like, How it’s Priced, and What to Expect
August 22, 2023 - The effects of a cyber incident can be significant, costly, and long lasting. While cyber insurance won’t prevent a cyber incident, it can help your organization manage the impact if one occurs. Here’s what it entails.
5 Common Questions About Nonprofit CEO Compensation
June 27, 2023 - Answers to common questions about setting nonprofit CEO compensation, including how to determine a peer group for compensation comparisons, approach cost of living or merit increases, and more.
Thinking About Accepting a Federal Award? Read This First.
June 21, 2023 - Federal awards (grants or contracts) can be appealing to nonprofit entities, including higher education institutions, voluntary health and welfare organizations, and churches. However, the administrative requirements can be time-consuming and even burdensome in some cases. Here’s what to consider before accepting federal funds.
Activating Your Church Building for Greater Community Impact: Key Considerations
June 21, 2023 - Has your church considered how you could use your buildings to increase your community impact during the week? With the right planning and steps, many churches have the opportunity to optimize their buildings for purposes beyond typical Sunday uses — and accomplish this in a financially sustainable way.
Pay Transparency – Is Your Organization Ready?
June 21, 2023 - In recent years, society has been pushing organizations to be more transparent when it comes to disclosure of salary information during the job application process or even in the workplace, a trend that will likely grow. This article outlines the most common pay transparency requirements adopted by various states/localities.
The Inflation Reduction Act of 2022: New Incentives for Your College or University
June 21, 2023 - Thanks to the Inflation Reduction Act of 2022, colleges and universities have access to the financial incentives of investing in renewable energy as they renovate existing structures or build new ones.
Recent FBAR Cases Provide Important Takeaways for Taxpayers
April 27, 2023 - Two recent court cases related to FinCEN Form 114, Report of Foreign Bank & Financial Accounts (FBAR), highlight several key issues that are important for taxpayers with non-U.S. financial accounts. This article provides key takeaways.
