This year’s budget season may be challenging for many nonprofits. If you’re going to try to do more with less in 2026, make sure your budget process focuses on staff collaboration and accuracy.
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Make your next board retreat more productive by choosing a key issue for discussion. This article suggests several topics that many nonprofits could benefit from investigating in depth.
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With limited time and money, how can your nonprofit find an auditor that’s independent in both fact and appearance?
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Before you use AI tools to whip up a batch of grant proposals, read this. Nonprofits still need to understand the fundamentals of grant applications and carefully edit and customize any AI-generated content.
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Board-designated assets generally are intended for special purposes or projects. But if you’re in a financial crunch, you can remove their designation and free up the funds. Here’s what you need to know.
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Endowments can help nonprofits navigate unexpected financial obstacles. But before you tap this resource, make sure you have a reasonable endowment spending policy in place.
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New tax legislation contains both good news and bad news for nonprofits. We highlight several OBBBA provisions that may affect your organization.
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Do your nonprofit’s in-person meetings and events cost too much? You’re probably missing expense-cutting opportunities. We offer some suggestions for staying within your budget.
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If your nonprofit must cut costs, be careful not to slash funding for fraud prevention. Fraud losses can be devastating, and expenditures for cybersecurity and outsourced accounting are recommended.
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Don’t just stand by if your nonprofit’s members aren’t renewing or automatic monthly donors are dropping off. Give stakeholders reasons to support you even if they’re concerned about economic uncertainty.
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It’s a win-win: tax benefits for donors and financial support for your nonprofit. Learn why you need to talk to potential contributors about qualified charitable distributions.
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A consistent revenue stream is critical for your nonprofit’s short-term budgeting and its long-term sustainability. Take some tips from auditors and review your revenue now.
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How honest is your investment advisor? Nonprofits must be able to say, “very!” Investment fraud is on the rise and organizations need to protect themselves. Here’s how to go about it.
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At a time when every dollar counts, your nonprofit doesn’t want to end up with a UBIT bill. So be careful when accepting corporate sponsorships because some can be risky.
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Your nonprofit likely already uses accounting software and other tools to automate routine tasks. Could you automate more? Probably. We suggest additional functions that can benefit from AI and other automation.
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When it comes to data privacy, the stakes couldn’t be higher. If your nonprofit is found to have irresponsibly handled donor, employment and other sensitive data, you could suffer dire financial consequences.
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Outsourcing your new or fast-growing nonprofit’s business functions to an association management company might make sense. Here’s how to decide, plus some tips for selecting one.
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Help ensure your nonprofit’s staffers and board members know where their roles and responsibilities lie. Such guidance can help avoid confusion, resentment and redundant work.
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How well does your nonprofit’s cybersecurity program protect you from hacking? Penetration (pen) testing helps find vulnerabilities so you can, if necessary, strengthen your defenses.
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Donors 60 years and older may make the greatest charitable impact right now, but younger generations will soon catch up. Be sure to engage Gen X, Millennials and even Gen Z. They’re your future!
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