Successful Executive Transitions
Planning for a successful executive transition is a critical component of strategic planning for all organizations and is key to sustainability.
Planning for a successful executive transition is a critical component of strategic planning for all organizations and is key to sustainability.
The term ESG (Environmental, Social, and Governance) has shown up in the media a lot lately, but too few people understand what it means or how it relates to their organization.
Tim Delaney, President & CEO, National Council of Nonprofits
Reprinted with permission
It's been a decade since the Great Recession gave way to the last wave of "best practice" regarding financial reserves. A lot of organizations had rebuilt their reserves, in many cases with increased sophistication. However, the COVID-19 pandemic has required organizations to lean on reserves in new ways to navigate otherwise impossible choices.
David Heinen, Vice President for Public Policy and Advocacy, North Carolina Center for Nonprofits
As we enter the start of tax season, nonprofit leaders are concerned that their organizations’ finances may be challenged this year by the recent expiration of several temporary tax provisions, including the expanded child tax credit, the Employee Retention Tax Credit, and three tax incentives for charitable giving.
The Expanded and Improved Child Tax Credit
Washington Nonprofits and Jacobson Jarvis, PLLC worked in partnership to develop the Finance Unlocked for Nonprofits (FUN) Oversight Kit. Finance Unlocked for Nonprofits was designed to increase nonprofit finance literacy in ways that help board members to grow their mission and protect their assets.
By Rob Zuengler and Jenny Dominguez, CliftonLarsonAllen
Reprinted with permission from CliftonLarsonAllen
Could your nonprofit afford to lose $639,000? According to a recent study, that amount of loss due to fraud is not out of the question. Occupational fraud is a real threat to nonprofits and it could be committed by anyone from an employee to an executive.
Marshall Whittey, Regional Sales Director, First Nonprofit
The StrongNonprofits Toolkit has been developed and maintained by the Wallace Foundation since 2009. It covers topics in nonprofit budgeting, cash flow, operations, data and analysis, audit readiness, plus governance and strategy. The toolkit has customizable resources to use in managing operations, pre-loaded calendars, and self assessment quizzes or checklists that seek to bolster a nonprofit's finance operations to build operational excellence.