Economic Forecast and Impact of Inflation on Revenue and Compensation
February 27, 2023 - Nonprofit leaders need to make strategic decisions amid ongoing uncertainty. Here are key takeaways from our recent discussion about the current economic forecast and the impact of inflation on investments, contributions, and employee compensation.
Requirements for Mandatory Direct Loan Reconciliations
February 21, 2023 - Learn about the mandatory reconciliation requirements for the Federal Direct Loan Program, including the types of reconciliations and their frequency and resolution.
Requirements for Pell Grant Reconciliations
February 21, 2023 - Information to help higher education financial aid and business offices understand the requirement for reconciling the Federal Pell Grant Program.
Nonprofit Board Governance: Senior Leader Warning Signs to Watch For
December 14, 2022 - Learn what a nonprofit board’s relationship with the senior leader should look like, as well as warning signs that can indicate a possible issue.
Do You Have the Right IT Controls in Place for Your Audit?
December 14, 2022 - Organizations need to view IT and cybersecurity as organization-wide concerns influencing every employee, department, and process — including financial statement audits. Learn about the potential impact of IT controls on your external audit and key controls to assess at your organization.
Getting Started with Data at Your Nonprofit
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.
What to Know About the New CO Family and Medical Leave Insurance Program
December 8, 2022 - Organizations with employees who work in Colorado must begin making premium deductions for the new program in January 2023. We explain the requirements and provide links to helpful resources.
Don’t Become a Statistic: Four Tips for Preventing Fraud at Your Organization
There are many ways fraud can be committed at a nonprofit organization. The one thing all types of fraud have in common, however, is that they involve a violation of trust. And nowhere is the damage from that violation more acute than in not-for-profit organizations, which by their very nature and purpose are part of the public trust.
4 Steps to Reduce Year-end Fraud Risks
November 28, 2022 - All nonprofit organizations are at risk for fraud. It’s particularly important to be aware of this risk at the end of the year, when donations typically increase and staff members are busy.
Nonprofit Board Governance: Warning Signs to Watch For
October 26, 2022 - There are many indications that a nonprofit board is not providing good governance. Here are some of the most common and dangerous signs to watch out for.