NONPROFITS | 11/15/2024 The future of nonprofit organizations under potential new tax policies has been a subject of extensive discussion and analysis. As nonprofits play a pivotal role in serving communities and advancing social causes, understanding potential changes to tax policies is crucial for effective planning and strategy formulation. Context of current tax policies The Tax Cuts …
NONPROFITS | 03/01/2024 Key Insights Does allocating expenses across grants and programs frustrate you because of complexity and lack of automation? It’s a common nonprofit pain point. For nonprofits, it’s critical wages and expenses are appropriately allocated both for compliance purposes and management’s understanding of program performance. The allocation process is often manual and time-consuming. Review some …
NONPROFITS | 02/02/2024 Nonprofit organizations often rely on donations to support their mission-driven work, but unfortunately, these valuable revenue streams can attract fraudsters looking to exploit these resources. Scammers frequently target nonprofits with fraudulent donation refund requests and attempts to harvest personal information, which can lead to significant financial losses and damage to the organization’s …