News & Articles
You want the truth about fundraising? You can’t handle the truth! OK, maybe you can.
The Internal Revenue Service (IRS) is coming under fire from some conservative political groups for taking part in what they term a political witch hunt.
There are literally hundreds of computers out there and it seems like a new one is added every day. This can make it very difficult to determine which are the best fit for your nonprofit.
The American Red Cross (ARC) has launched a digital operations center and digital volunteer program to coordinate response efforts during disasters, particularly when storm victims are huddled in a basement away from other forms of communication.
“We don’t tell Coca-Cola how much sugar to put in a Coke or AmEx whom they should lend to. When we own stock, we are not there to try and change people (or programs).”
The word “member” rolls off the tongue easily for many nonprofit managers. Too easily, it sometimes seems, because the word implies an exchange of perceived value that might or might not be shared by the nonprofit and its members. Since the mission model of many nonprofits depends on the effectiveness of the membership, a flawed model can be a handicap.
The past five years have been no day at the park for investors. Take the Dow Jones Industrial Average (DJIA) as an example. The DJIA posted a roughly 1,100 point gain during the five-year period beginning Jan. 31, 2006 and ending Jan. 28, 2011. Between those dates, it ranged more than 7,000 points – climbing greater than 14,000 during the fall of 2007 and falling to less than 6,600 during the late winter of 2009.
Nonprofits have needs for various types of credit facilities from financial institutions. Credit needs vary from operating lines of credit to long-term financing for buildings and equipment.
Audit committees face many challenges, especially when the members are volunteers with other “day jobs,” as is true in most nonprofits. And when it comes to accounting, other than one plus one generally equally two, there are constant changes in standards and processes.
All nonprofits require the creation of a specific internal control methodology as the basis for conducting operations. It isn’t enough for your organization to only seek to expand revenue goals or marketing strategies. The benefit of an internal control methodology is to ensure integrity in your organization’s reporting, efficiency in processing and consistent standards to reduce costs and redundancy.