Nonprofit Issues Newsletter, October 2020
October 27, 2020 - Gain insight on key nonprofit topics, including budgeting, vendor management, executive compensation, and more.
New E-book: Your Guide to Budgeting Effectively in Changing Times
October 21, 2020 - Our "How to Budget Effectively in Changing Times" e-book can help your ministry navigate the current uncertainty and plan for the new future we face. Download your free copy for a guide to creating a strategy-based budget.
“Are We Paying Our Executives Appropriately?”
October 23, 2020 - Executive compensation is an important issue, and COVID-19 has created new considerations. Answering these three questions will help your organization determine if you're paying your executives appropriately.
6 Key Considerations for Budgeting in Changing Times
October 16, 2020 - There is still considerable uncertainty about the global pandemic and its long-term effects, and budgeting effectively when so much is unknown can feel overwhelming. These considerations and steps can help you assess and modify your budget to the new realities we encounter.
Webcast for Nonprofits: Managing Cybersecurity Concerns Under Budgetary Constraints
November 12, 2020 - With the pandemic, many organizations were forced to change or postpone decisions surrounding their IT environment. Join us to identify steps your organization can take to ensure your IT environment is protected despite budget restrictions.
Webcast for Churches: Challenges (and Opportunities) to Funding Ministry in 2021
November 4, 2020 - Funding ministry in 2021 will be more challenging than ever. Join us for a conversation about the current marketplace realities that are putting pressure on ministry funding and what you can do next.
FASB Approves Accounting Updates to Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets
October 15, 2020 - FASB has issued an ASU intended to improve transparency in the reporting of contributed nonfinancial assets, also known as gifts-in-kind, for not-for-profit organizations.
Webcast for Nonprofits: How to Budget Effectively in Changing Times
October 29, 2020 - Today’s ever-changing ministry environment calls for more than traditional budgeting approaches. Join our free webcast for a discussion on practical budgeting tips to help bring financial stability in a rapidly changing economy.
The Ministry of Management
August 19, 2020 - While the word “management” does not appear in Scripture, the functions of management are part of the activities of the gift of administration or governing mentioned in Romans 12 and I Corinthians 12. Guest author Jim Canning shares his insight on the ministry of management and the continual need for skilled people wanting to serve the Lord in this manner.
Reforecasting Your Budget
August 19, 2020 - A static budget remains useful when spending is generally predictable and consistent. But in the current reality of our unprecedented economic and social times, organizations need to understand how to reforecast static budgets so their executive teams can make real-time informed decisions.