Resource Library: Administration and Financial Management

For too long, “overhead” has gotten a bad rap and been inappropriately used as a measure of a nonprofit’s effectiveness.

Initial steps that nonprofits can engage in to conduct a risk assessment as the Administration targets federal grants and contracts for termination.

Some initial steps that nonprofits should engage in when they learn that their federal grant or contract is terminated by a federal agency.

Nonprofits have historically struggled to recruit and retain accountants, controllers, and CFOs. That struggle is about to get worse due to demographics, impacting both staffing and costs.

Read about some of the federal and state filings that are required for charitable nonprofits.

Although the Employee Retention Tax Credit ended effective September 2021, there is still time for eligible nonprofits to claim this refundable tax credit that can offset employment taxes .

In this guest post by a CPA who works for charitable nonprofits, we learn about end-of-the-month financial reports and some questions board members might want to ask.

A key component of financial sustainability is the commitment of board and staff to financial management that includes budgeting and timely review of financial reports.