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Three Financial New Year’s Resolutions for Your Nonprofit

As we enter into 2021, we can confidently say we got through one of the most difficult years in recent history. The coronavirus pandemic changed the way we socialize, celebrate holidays, attend school, run a business, and many other aspects of everyday life. ...

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financial report

Dashboards 101: Demystifying Financial Data for Your Board

When it comes to understanding financial data, not every board member is a numbers whiz, and not every board member absorbs information in the same way. But considering that the success of your organization is deeply affected by the ability of your board to make decis...

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Ten Minutes Is All It Takes To Review Internal Controls

In a time of increased scrutiny in the not-for-profit sector, it is essential that your nonprofit or government organization does not overlook the importance of self-assessment and continued monitoring. The following are two ...

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Why Your Nonprofit Needs an Audit Committee

Nonprofit boards face many ongoing challenges, such as monitoring internal controls, avoiding and detecting fraud, responding to whistleblower ...

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What’s New at the IRS and Treasury for Nonprofits

Fall is here, and that means it is time for my annual tax update on recent guidance issued by the IRS and Treasury. By now, the old Parking Fringe tax is a distant, bad memory, but many new tax cha...

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