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Working Remotely Can Cause Tax Issues for Your Business and Your Employees

Working from home is here to stay. What does that mean for you as an employer? What does it mean for your employees? While remote working might be a simple task if all your employees are in the same state as your business there are implications you should consider as you develop your remote working…

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Whistleblower Policies Protect Both Staffers and Your Nonprofit

According to the Nonprofit Times, only 41% of not-for-profits have whistleblower policies. Perhaps nonprofit leaders believe their organizations are too small or collegial to worry about illicit activities — let alone people reporting them. Or perhaps a whistleblower policy seems like one more thing that requires time and money they don’t have. This is a…

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Nonprofits: Hit Your Targets With Benchmarking

How committed is your not-for-profit organization to benchmarking? Perhaps you think it makes sense in the for-profit sphere, but not as much for charities and other nonprofits. If so, you’re probably missing out on benefits — including long-term sustainability. Here’s how to overcome reluctance and learn to love benchmarking. True impact Even if your staff…

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Using Footnotes to Disclose Your Nonprofit’s Financial Information

Does anyone actually read footnotes? If they’re financial statement footnotes, the answer is usually “yes.” Footnotes can provide donors, governmental supporters and other stakeholders with critical information about your not-for-profit. So it’s important to work with your CPA to make sure your footnotes are accurate and thorough. Operations and accounting policy snapshot One important set…

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Why Your Nonprofit Must Make Time for Accountability

“Accountability” may seem like one of those popular management concepts you know would be nice to implement if your not-for-profit had the time and budget. But not only is accountability essential to your nonprofit’s health and efficacy — affecting everything from donations to grants, hiring to volunteering, board fiduciary duty to employee morale — it’s…