Nonprofit Resources

A thoughtful spending policy helps nonprofits balance today’s funding needs with tomorrow’s financial stability. Now is an ideal time to evaluate wh...

Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinkin...

As businesses grow, financial reporting expectations change. You may not need a full audit—but lenders, investors, or stakeholders are now asking for more tha...

If your nonprofit holds reserve funds but lacks a clear investment strategy, you’re taking on more risk than you may realize. Investment policies aren’t jus...

Nonprofit leaders might assume that enterprise risk management (ERM) is something only large, complex organizations need (or can afford). But the truth is, orga...

In general, not-for-profits should work with professional financial advisors to ensure they’re complying with the IRS’s rules for tax-exempt organiz...

On July 4, 2025, President Trump signed the One, Big, Beautiful Bill Act (OBBBA), which contains several provisions that may affect your not-for-profit organiza...

Individuals with traditional IRAs generally are mandated to start taking required minimum distributions (RMDs) after they reach age 73. However, they have the o...

Audits have become more important due to increased public and government scrutiny of not-for-profit organizations, their management and their boards. Audits not...