Nonprofit Resources
What Can Churches Do in Response to the Recent Bank Failures?
April 12, 2023 - With the concern about the stability of the banking industry and increased focus on the risk associated with deposits over the FDIC-insured limit of $250,000, how can you make sure your church is protected? Here are some suggestions for next steps and ways you can mitigate your risk.
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.
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.
Inflation’s Ripple Effect on Nonprofits and Their Employees: Part Three
October 26, 2022 - As market and economic conditions continue to change, many organizations may feel like they’re repeatedly facing new compensation decisions. This article looks at the continued impact of inflation, provides examples of what a few of our clients are doing as a result, and discusses next steps to consider.