Profitable Solutions for Nonprofits
Showing 129–144 of 240 results
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Newsbits – FASB proposes accounting change for nonprofits
Fall 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 427
Abstract: This issue’s “Newsbits” discusses the Financial Accounting Standards Board’s proposed Accounting Standards Update No. 2015-230, which would significantly change a 20-year-old financial reporting model. The changes are intended to simplify the current net asset classification requirements and the presentation of information in nonprofits’ financial statements and footnotes about liquidity, financial performance and cash flows. Another item reports on how spam filters could cost an organization thousands of dollars a year in lost donations.
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The OMB rule on indirect costs: What you need to know
Fall 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 545
Abstract: Nonprofits need to get up to speed on their rights and responsibilities under the Office of Management and Budget’s new rule requiring agencies and other entities allocating federal dollars to reimburse organizations for indirect costs (also known as administrative or overhead costs). If they don’t learn the ins and outs of the new rule, they risk forfeiting reimbursement dollars. This article explains how reimbursement is determined and what nonprofits should be doing now to prepare for the change.
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Think before you jump – Capital campaigns call for serious advance planning
Fall 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 687
Abstract: An upcoming big expenditure might call for launching a capital campaign. Committing to a campaign isn’t easy — the fear that people won’t donate in an uncertain economy can cause hesitation to ask for more funds. But a nonprofit can get off to a good start by securing the right campaign leader, creating a solid and detailed plan, and targeting the right donors. A sidebar discusses lining up manpower for a capital campaign.
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Taking the long view: Sustainability
Fall 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 839
Abstract: In the wake of the most recent recession, many nonprofits are continuing to take a hard look at their sustainability over the long term. This article examines factors that affect sustainability directly, such as the diversity of an organization’s funding sources, and some indirect factors that have an impact on sustainability, including branding, outcome evaluation and contingency planning.
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Newsbits – Community foundations embrace impact investing
Summer 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 417
Abstract: This issue’s “Newsbits” contains items on community foundations that embrace impact investing; the IRS’s reported pattern of rarely auditing nonprofits for political activity; congressional activity that could make permanent charitable “tax extenders”; and social media as a tool to identify likely donors.
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Cybercrime – Get ready to fight back
Summer 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 646
Abstract: Cyber thieves don’t physically grab keys or force an entry into a home, but the damage they do to an organization can be just as consequential. If a nonprofit becomes the victim of cybercrime, it could suffer a blow to its reputation that’s impossible to overcome. So it’s important that a nonprofit assess its risks of data breaches carefully, and implement effective security policies and procedures. This article discusses some key considerations.
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3 tips to improve development and accounting collaboration
Summer 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 558
Abstract: Communication breakdowns between a nonprofit organization’s development and accounting departments can lead to confusion, embarrassment and, worse yet, financial problems. Nonprofits, therefore, must take proactive steps to facilitate collaboration between these two critical functions. This article provides three tips.
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Corporate sponsorship money: Is it taxable?
Summer 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 810
Abstract: If a nonprofit isn’t careful, a corporate sponsorship can be deemed paid advertising and the organization could end up liable for unrelated business income tax (UBIT). Although the Internal Revenue Code includes an exception from UBIT for certain sponsorship arrangements, navigating the rules can prove tricky. This article explains the “qualified sponsorship payment” exception, the “use or acknowledgment” provisions and the allocation of sponsor payments. A sidebar discusses the rules for exclusivity arrangements.
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Newsbits – “Checkbook philanthropy” breeds donor dissatisfaction
Spring 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 429
Abstract: In this issue, “Newsbits” discusses a report that uncovers dissatisfaction among millionaires who donate to charities and why that is; findings of an annual compensation survey showing that executives of large nonprofits and foundations are starting to see bigger raises; and a new tool that assigns dollar values to social projects.
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How to improve your accounting function
Spring 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 641
Abstract: A not-for-profit’s accounting function is its financial backbone. Efficient accounting processes — along with sound controls to monitor them — will put the organization on the right track for financial stability and growth. This article provides some suggestions for improving this important piece of a nonprofit’s operation.
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Does your nonprofit suffer from Founder’s Syndrome?
Spring 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 569
Abstract: Of the many afflictions that can impede a nonprofit’s growth and progress, one of the most deadly is the dreaded “Founder’s Syndrome.” Founder’s Syndrome strikes when a single individual — typically the founder, executive director or other long-term leader — wields a disproportionate amount of power, or refuses to redistribute authority or detach from the organization. This article will help key people recognize the “ailment” and proactively address it while handling the founder with the sensitivity, dignity and respect he or she has earned.
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Beyond the bottom line: The power of outcome measures
Spring 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 870
Abstract: Outcome (or performance) measurement should gauge the level of accomplishment of a program goal in terms of changes in the lives of individuals, families or the community at large. This article defines outcome measurement, discusses its importance to a nonprofit and highlights the caveats. A sidebar discusses the special importance of outcome measurement in smaller nonprofits with fewer resources.
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Newsbits – Charity Navigator evaluates major philanthropic markets
Winter 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 420
Abstract: In this issue, “Newsbits” looks at a Charity Navigator report on the performance of the 30 largest U.S. philanthropic marketplaces; a new FASB standard involving service concession arrangements and that could affect NFP accounting; a Technology Association of Georgia event in which “hackers” helped develop mobile apps or websites for participating nonprofits; and a report that online charitable giving to nonprofits jumped 8% for the first half of 2014.
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Do your part for donors – IRS substantiation rules apply to contributors
Winter 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 585
Abstract: With donors gearing up for tax-filing season, it’s not too late for not-for-profits to make sure that they’re following the IRS donation “substantiation rules” so that their benefactors have the proof they need to deduct financial gifts. Proper documentation is also crucial so that donors don’t have any future problems with the IRS. This article explains what the IRS requires to document various levels of gifts and offers a real-life example of the consequences of not closely adhering to the rules.
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Are you ready for the Omni Circular?
Winter 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 674
Abstract: The Office of Management and Budget’s (OMB’s) so-called Omni Circular supersedes and streamlines requirements from eight existing circulars that apply to federal awards. This article explains that, although the new audit threshold has received much of the attention, nonprofits that receive federal awards should be aware of other significant changes that take effect for new contracts starting after Dec. 26, 2014. They include significant reforms to the cost principles and procedures regarding the monitoring of award subrecipients, maintaining effective internal control over the award, and demonstrating successful performance.
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Building a stronger internal audit function
Winter 2015
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 822
Abstract: In recent years, nonprofits have been the target of increased scrutiny over governance, accountability and compliance. Despite this, many organizations dismiss the importance of their internal audit function. This isn’t a wise move. Tight budgets notwithstanding, nonprofits can’t afford mistakes or fraud incidents as a result of a weak or nonexistent internal audit function. This article describes the role of internal audit, what the auditors do, and factors that ensure the effectiveness of the internal audit function. A sidebar notes that savvy organizations have also begun to tap internal audit for strategic purposes.