Missing documents. Unexplained balances. Unposted adjustments. Small loose ends like these can cause significant audit delays. Learn which steps can help your nonprofit keep fieldwork and reporting deadlines on track.
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Some generous donations come with strings attached. Can your organization honor them? Learn how to document donor restrictions, monitor spending and recognize gifts that may be too restrictive to accept.
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A pledge made today. A payment later. What belongs on the books in between? Learn how your nonprofit should recognize, document and value charitable pledges, and avoid common accounting missteps.
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A lawsuit can threaten more than your nonprofit’s financial health and reputation. Learn how D&O insurance can protect board members and executives — and which policy details matter most.
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When personal financial interests enter the boardroom, sound governance is essential. Here’s how your nonprofit should address conflicts of interest to protect its mission or reputation.
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A new nonprofit structure doesn’t always require a new exemption application. Learn how your organization can reshape its operations while keeping its tax-exempt status on track.
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A new hire can lighten the load — but also create a significant financial commitment. Here’s what your nonprofit should consider before expanding its staff.
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Small accounting inefficiencies can grow into big operational headaches. Discover practical ways nonprofits can work smarter.
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Merging with another nonprofit can expand mission impact while strengthening operations and improving financial resilience. But it can also create challenges. Before you take the leap, consider these critical issues.
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Fresh perspectives and trusted connections can help nonprofits grow smarter. Learn how a well-structured advisory board can help support your mission.
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Suspected employee fraud can shake any nonprofit. But a thoughtful, well-coordinated response can help mitigate the impact and safeguard your mission. For some practical steps, start here.
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If your nonprofit relies heavily on a few funding sources, it may be time to diversify your revenue streams. Here’s how.
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Board term limits can strengthen governance with fresh perspectives and more collaborative leadership. But they also come with drawbacks. Learn how to design the right approach for your nonprofit.
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When disaster strikes, your nonprofit needs to be ready. Learn how to build organizational continuity, whatever comes your way.
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How effective is your nonprofit’s finance committee? If its members aren’t involved in these seven core responsibilities, it may be time to revamp your approach.
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From ensuring regulatory compliance to uncovering insights into program and staffing costs, proper timekeeping can enhance your nonprofit’s decision-making. Learn more.
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When nonprofit leaders embrace accountability, it can transform the organization. Start with clear ethics, strong leadership, and transparent communication. Here’s how.
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If you’re mission-driven but drowning in spreadsheets, it may be time to hire a CFO for your nonprofit.
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When Accounting and Development teams clash, nonprofits pay the price. Learn how better coordination protects funding and strengthens your mission.
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If someone asked you, “What risks are most likely to disrupt your nonprofit’s mission?” … would you know how to answer? ERM can help.
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