Nonprofit Resources
4 Steps for Next Level Cybersecurity
Given the high stakes, it’s vital to ensure that your organization has sufficient cybersecurity protection. These four steps go beyond the basic cybersecurity practices you should follow to help you further strengthen your organization’s cybersecurity defenses.
What to Know About Taxation of International Students Receiving Financial Aid
If your institution has international students who receive financial aid, there are specific income tax requirements you need to be aware of.
Four Questions to Ask About Executive Compensation at Your Organization
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.”
How to Reduce Your Cybersecurity Risk
As recent headlines illustrate, cyberattacks are a real and growing risk for all organizations. Fortunately, there are steps you can take to strengthen your organization’s defenses and respond quickly and effectively when an attack occurs.
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.
Should Your Organization Accept that Gift?
We’ve all heard the adage “Never look a gift horse in the mouth,” but that is not sound advice for nonprofits. Some gifts may have implications or costs that could have negative consequences for your organization.
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.