Nonprofit Insights
Budgeting Guide for Nonprofits
One of the biggest keys to financial stability for nonprofit organizations is budgeting. Creating and approving an annual budget is fundamental to financially managing a nonprofit. The annual budget will serve as a blueprint for your organization’s financial activity...
Increase Your Board’s Diversity
The Nasdaq stock exchange will soon require all listed companies to publicly disclose board-level diversity statistics and have (or explain why they do not have) diverse directors. While this requirement only applies to Nasdaq-listed companies, it might be a good idea...
Don’t Run Afoul of IRS Regulations
Executive compensation at nonprofits is a hot-button issue right now as the IRS has begun ramping up oversight and enforcement. This is partly in response to some high-profile instances where executives working at nonprofit organizations received excessive salaries in...
What Form 990 Can Tell Donors and Watchdogs
IRS Form 990 includes specific information that helps donors and watchdogs assess and monitor nonprofit organizations. In a single document, it provides a snapshot of the financial health, governance, and operations of a nonprofit. Form 990 gives nonprofits an...