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Our Blog

Nonprofits: Hit your targets with benchmarking

28 June 2021
Nonprofits: Hit your targets with benchmarking

Benchmarking provides critical information when developing and executing strategic plans. So if your nonprofit doesn’t use financial metrics, you may be flying blind. Here’s how to get started with benchmarks.


Do you know the new accounting rules for gifts in kind?

23 June 2021
Do you know the new accounting rules for gifts in kind?

New rules for nonprofits to report gifts in kind (such as land or services) take effect for annual periods starting after June 15. So if you haven’t already familiarized yourself with the rules, now’s the time.


Protect your organization’s fragile tax-exempt status

16 June 2021
Protect your organization’s fragile tax-exempt status

No nonprofit’s tax-exempt status is permanent. If you violate IRS rules, you could lose it as well as the loyalty and confidence of donors, grant makers and other supporters of your mission.


Receivables may be a source of cash in tough times

15 June 2021
Receivables may be a source of cash in tough times

Is your business having trouble getting customers to pay on time? Here are five effective ways to maximize collections and minimize write-offs.


Nonprofits: Heed these financial danger signs

10 June 2021
Nonprofits: Heed these financial danger signs

After this past year, you and your nonprofit’s board may think they can overcome any financial challenge. But don’t get too comfortable. These financial warning signs merit immediate attention.