Strategic decision making
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How New FLSA Rules May Impact Your Nonprofit’s Payroll
Overtime rules are changing, and they could have consequential impacts on your nonprofit. Check out some of the highlights.
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Joint Cyber Defense Collaborative Provides Cyber Tools for Nonprofits
The Joint Cyber Defense Collaborative highlighted a suite of tools designed to empower resource-constrained organizations by improving their security posture.
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Charting Sustainability: Navigating the Path for Nonprofit Organizations
Sustainability can be a foundation of strategic blueprints, empowering NFPs to uphold principles while actively contributing to community and general well-being.
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Navigating Revenue Uncertainty: A Strategic Approach for Nonprofits
In the ever-evolving nonprofit landscape, uncertainty is a constant companion. Explore how nonprofits can adapt to the shifting sources of revenue streams.
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Compliance and Transparency: Managing Interfund Transactions in Nonprofits
There are several critical data points you should be tracking to properly manage your interfund accounts. Learn why the process is important.
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A Quick Review of Rules for Political and Lobbying Activities
Special thanks to Lisa Ryssel, who contributed significantly to this blog. Organizations that are tax-exempt pursuant to IRC Section 501(c)(3) must comply with IRS rules and regulations regarding political and lobbying activities. Understanding these rules can help nonprofits safeguard their tax benefits and promote transparency while addressing ethical considerations and mitigating reputational and legal risks. […]
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Strategic Cash Reserves for Religious Organizations
Many religious organizations have more cash reserves than in recent history. Put those reserves to work by strategically moving cash to higher yield savings accounts and consider adding treasuries to your portfolio as a conservative option to maximize yield.
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Whole Organization Budgeting: A Collaborative Approach for Nonprofits
A thoughtfully crafted budget is a blueprint for accomplishing your mission and program priorities. It does very little good if, once it is created, it disappears into your accounting system never again to be discussed with program leaders.
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The Proper Application of Hope in the Midst of a Crisis
How, in the midst of extreme uncertainty surrounding your people, programs, and finances, do you lead your nonprofit to a hopeful next phase out of such a troubling now? Every assumption you had about how your nonprofit did business prior to the downturn is open to question, and every question you ask could lead to innovation you did not anticipate.
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How to Stick Your Landing in a Free Fall
For many of the nonprofit leaders that my colleagues and I have been advising recently, the current COVID-19-related turmoil feels like the financial and emotional equivalent of a free fall. The only real hope is to react rapidly and, as much as possible, choose wisely how and where to land.