Financial Management

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As COVID-19 thankfully appears to be receding, one significant byproduct of the pandemic for some employers still remains: the large increase in the number of employees who have been telecommuting, often for significant lengths of time and in a...

Categories: Financial Management
Tags: Employees, Employment, Remote Work, Remote Workforce, State and Local Taxes
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Something of concern is happening in the nonprofit community that merits our collective attention. Multiple sources signal that an increasing number of charitable nonprofits, especially smaller ones, are looking to close their operations.

Categories: Financial Management
Tags: Mergers, Dissolution, Collaboration
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Contributions of nonfinancial assets or so-called “gifts-in-kind" (“GIK”) can be an important source of financial support for nonprofits.

Categories: Financial Management
Tags: Accounting, In-Kind
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Nonprofits often receive payments from businesses and others in connection with a meeting, publication, or event.

Categories: Financial Management
Tags: Unrelated Business Income, Sponsorship
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The pandemic has forced us to examine our work-life balance as work has crept into our homes and made the separation more difficult than ever to maintain.

Categories: Financial Management
Tags: Finance, Credit
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With so many ways for nonprofits to accept cryptocurrency donations, you don’t need to turn away donors who wish to donate their Bitcoin, Ethereum, or other coins.

Categories: Financial Management
Tags: Cryptocurrency, Fundraising, Resource Development
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Over the past week, the United States has seen an enormous spike in unemployment due to layoffs in the business and nonprofit sectors stemming from the economic ramifications of the COVID-19 crisis.

Categories: Financial Management
Tags: Unemployment Insurance, COVID-19
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The last time the U.S. Department of Labor proposed changing the rules on overtime pay, the second most common question the National Council of Nonprofits heard – after what would the proposed regulations do?

Categories: Financial Management
Tags: Overtime, Human Resources, Salaries
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There have been a lot of changes in the accounting practices for nonprofits over the past couple of years.

Categories: Financial Management
Tags: FASB, Accounting, Financial Statements, Bookkeeping, Government-Nonprofit Contracting
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I may be biased, but I think fiscal sponsorship can be a tremendous solution to a number of different issues for some nonprofits.

Categories: Financial Management
Tags: Fiscal Sponsorship

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