Nonprofit board members come from all walks of life and often lack accounting backgrounds. That is actually by design. But when it comes to financial oversight, the way data is presented matters. Learn how to use visual tools, key ratios, and clear reporting strategies to help your board stay informed and engaged.
Nonprofit organizations face a wide range of risks that could threaten their mission and financial stability. From general liability and workers’ compensation to cyber insurance and directors and officers coverage, understanding which policies your organization truly needs requires careful planning and a clear-eyed look at your actual exposures.
Nonprofit mergers can strengthen revenue streams, expand mission impact, and improve operational efficiency, but they also come with significant risks. Before moving forward, organizations need to carefully weigh donor restrictions, workforce changes, unexpected costs, and succession planning to ensure the merger delivers the long-term benefits they are seeking.
Giving circles are collaborative groups that pool charitable contributions and collectively decide which organizations to fund. They are growing in popularity and funding power across the U.S. For nonprofits, cultivating relationships with these groups can open doors to diversified funding, passionate advocates, and donors who give more to a wider range of causes.
Ready for your SOC 2 audit? This readiness assessment checklist walks through scope, controls, evidence, and the auditor’s role, step-by-step.
The CAS Board rescinded CAS 404, 408, 409, and 411, conforming them to GAAP effective August 7, 2026. Here’s what it means for government contractors.
Paying nonprofit board members is legal in most cases and may even make strategic sense. But it comes with real trade-offs, including donor perception concerns and strict IRS requirements. Before your organization takes this step, it is important to weigh the pros and cons carefully and ensure full compliance.
Nonprofits plan for natural disasters, but what about harassment allegations, embezzlement, or a damaging social media post? Reputational crises can be just as destructive as physical ones. Knowing how to identify your risks, build a response team, and communicate with transparency can make all the difference when a crisis strikes.
Midyear is the perfect time for individuals to review their tax strategy. From evaluating your bracket and weighing the standard deduction against itemizing, to harvesting investment losses and accelerating deductible expenses, proactive planning now can reduce your tax bill in April. Discover key tips to make the most of 2026.
The One Big Beautiful Bill Act changed how nonprofits give incentives, compensation rules, and endowment taxes. Learn what changed and strategies to adapt.