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Profitable Solutions for Nonprofits
Showing 1–16 of 244 results
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Newsbytes – Website offers free HR and risk materials
Winter 2024
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 374
Abstract: This issue’s Newsbytes covers the launch of a new website featuring an extensive array of human resources and risk materials for nonprofits, and reviews a study examining whether the relationship between income and so-called “pro-social behavior” (such as charitable giving) depends on economic inequality. It also looks at a new suite of artificial intelligence (AI) solutions and improvements from Microsoft intended to improve how fundraisers engage with donors and manage campaigns.
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Crowdfunding comes with tax risks
Winter 2024
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 556
Abstract: Crowdfunding campaigns are designed to raise money for individuals or causes and have risen in popularity in recent years. Some nonprofits have benefited from the trend. But supporters and organizers of crowdfunding campaigns may not understand the tax implications. These can differ significantly from tax rules for traditional charitable giving. Organizations considering a crowdfunding initiative need to educate themselves and their supporters.
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Nonprofits: Do your due diligence before taking out a loan
Winter 2024
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 673
Abstract: Most Americans take out loans at some point in their lives — whether it’s to buy a house or to grow a small business. Even nonprofit organizations commonly apply for loans. Yet, just because other nonprofits have debt doesn’t mean an organization should take out a loan — at least not before performing thorough due diligence. This article provides some factors to consider.
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What do you know about Form 990? Board review can benefit nonprofit governance
Winter 2024
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 834
Abstract: Most board members know — or should know — that the nonprofit organization they serve files an annual Form 990 information return with the IRS. But not every board member knows that they can, and should, review the form before it’s submitted. This article explains why such board reviews are important and how to make them effective. A short sidebar looks at the excess benefit transaction risks involved with Form 990.
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Newsbytes – Watchdog launches campaign to measure equitable funding
Fall 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 451
Abstract: This issue’s Newsbytes covers a new data-driven campaign by Candid to encourage equitable funding practices and provide a standardized benchmark measurement, reduce inefficiencies and cut down on duplicate information requests from funders; looks at Charity Navigator’s introduction of an alert on its website designed to help donors who visit the site to make more informed philanthropic decisions; and explains that McKinsey is giving nonprofits free access to its Organizational Health Index, a digital survey tool that quantitatively diagnoses an organization’s ability to align around and achieve strategic goals.
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What nonprofits need to know about alternative investments
Fall 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 568
Abstract: With today’s economic uncertainty, businesses, including nonprofit organizations, are increasingly mulling so-called alternative investments. But these investments can have unexpected tax implications for nonprofits. This article looks at what nonprofits need to know before taking the plunge.
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Are your operating reserves enough?
Fall 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 630
Abstract: Operating reserves — generally, assets without donor restrictions that you can tap into easily — frequently are referred to as “rainy day funds.” But stable reserves are critical for far more pressing reasons than the metaphorical rainy day. This article examines how nonprofit organizations can fund reserves, how much is the right amount and more.
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Understanding internal controls – Why nonprofits need both preventative and detective policies
Fall 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 799
Abstract: According to the Association of Certified Fraud Examiners’ (ACFE) Occupational Fraud 2022: A Report to the Nations, the average loss for nonprofits was $851,000. The ACFE report found that almost 30% of the victim organizations lacked adequate internal controls to prevent fraud from occurring. In addition to minimizing fraud, comprehensive internal controls also help ensure accurate accounting records and financial statements. This article discusses four critical measures that nonprofit organizations can use to help combat fraud. A short sidebar covers how motivation and rationalization play a part in a fraudster’s thought process.
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Newsbytes – Nonprofit employment returns to pre-COVID-19 levels
Summer 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 434
Abstract: This issue’s Newsbytes summarizes a study that finds nonprofit employment has returned to pre-Covid-19 levels, highlights a report finding professional fundraisers plan to leave their current employers within two years, and looks at a free comprehensive tool nonprofits can use to analyze their technology practices and procedures.
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What’s the magic number? Some guidelines for determining your board’s size
Summer 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 579
Abstract: Recruiting and retaining committed board members is a never-ending process. For many nonprofits, determining an appropriate-sized board takes time. Although state law typically sets the minimum number of directors a nonprofit must have on its board, it’s up to each organization to determine how many board members it needs. Both small and large boards come with perks and drawbacks — and once the board size meets its state requirement, the article reviews what nonprofits should consider.
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Be prepared for IRS audits of COVID-19 ERC claims
Summer 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 599
Abstract: The availability of Employee Retention Credits (ERCs) during the height of the COVID-19 pandemic — particularly the ability to claim advance payments of the credits — played a critical role in keeping many nonprofits afloat. Now, however, the IRS has begun to subject some employers that claimed ERCs to audits. Given the extended five-year statute of limitations for such audits, nonprofits that claimed the credits need to prepare. This article highlights what nonprofits should do to prepare for a possible ERC audit.
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How an energy-efficient building tax deduction could pay off for nonprofits
Summer 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 818
Abstract: Much of the Inflation Reduction Act signed into law in late 2022 contains provisions intended to combat climate change, largely through tax incentives. Such tax breaks aren’t usually relevant to the work of nonprofits. But for organizations constructing new facilities or adding improvements, the Act’s changes to one tax deduction could benefit them. This article reviews the benefits available under the Act. In addition, a short sidebar covers how the Act allows eligible organizations to receive certain tax credits — which otherwise would be of little use to nonprofits that pay no income tax — as direct payments from the IRS.
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Newsbytes – IRS set to deactivate foundations’ electronic payment accounts
Spring 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 446
Abstract: This issue’s Newsbytes covers the IRS’s deactivation of foundations’ electronic payment accounts, how Microsoft is expanding support for nonprofits and a study finding that a donation option at checkout stresses retail purchasers.
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Charge it! Credit card issues for nonprofits
Spring 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 572
Abstract: Credit cards are a common part of doing day-to-day business for most nonprofits these days. Donors typically use credit cards to make contributions, whether one-offs or recurring, and employees often rely on the cards when procuring supplies and services or traveling on behalf of their organizations. Some nonprofits have, or have considered, so-called “affinity cards” as a way of increasing revenue. This article presents some things to think about if an organization finds itself in any of these circumstances.
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7 tasks for a successful nonprofit finance committee
Spring 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 609
Abstract: A nonprofit’s finance committee oversees and keeps its board of directors apprised of the organization’s overall financial health. This should be more than simply scanning financial reports. An active finance committee is crucial to maintain a nonprofit’s health and reputation. The success of a finance committee depends on the board, staff and committee members understanding the committee’s duties. This article highlights seven tasks for a successful nonprofit finance committee.
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Is your cybersecurity up to snuff?
Spring 2023
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 814
Abstract: The sudden and unexpected shift to remote work in 2020 made clear that many nonprofits have vulnerabilities that cybercriminals could leverage to steal data or disrupt operations. A nonprofit organization’s employees may or may not be back in the office, but the risks are ongoing. This article reviews what organizations need to know about the most crucial components of effective cybersecurity. A brief sidebar summarizes some of the most relevant cyber schemes for nonprofits.