Oct 9, 2023 | Blog, Nonprofit Insights
Donor-restricted assets present a good news-bad news scenario for nonprofit organizations. The good news is that these assets are real donations that your organization can use to further its mission. The bad news is that the assets must be used for the specific...
Oct 9, 2023 | Blog, Nonprofit Insights
Gifts and donations are vitally important to nonprofit organizations. But not all donations are created equal, especially non-cash gifts and in-kind donations. In some circumstances, these kinds of donations can cause more problems than they are worth. This is why...
Oct 9, 2023 | Blog, Nonprofit Insights
There is a good chance you have heard the term ESG, which stands for environmental, social, and governance. ESG is a framework used to assess how corporations are addressing various sustainability and ethical issues. The role of an ESG program is to ensure corporate...
Jun 20, 2023 | Blog, Nonprofit Insights
According to the 2022 Report to the Nations, published by the Association of Certified Fraud Examiners (ACFE), the most common way that internal fraud is detected is via anonymous tips. These accounted for 42% of the frauds that were uncovered, compared to just 16% of...
Jun 20, 2023 | Blog, Nonprofit Insights
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...
Jun 19, 2023 | Blog, Nonprofit Insights
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...
