Nonprofit Resources
What All Nonprofits Should Know About the New Colorado Data Privacy Law
A new Colorado data privacy law takes effect on September 1, 2018. Even if your nonprofit doesn’t operate in Colorado, the law applies if you collect or maintain the personal data of Colorado residents.
Church Musicians: Employees or Independent Contractors?
Are the musicians your church pays to perform for worship services and other church events employees, or independent contractors? An incorrect classification can result in significant negative financial consequences for both the church and the musician.
Dual-Use Facilities – Methodologies for Allocations of Expenses
Allocating expenses for dual-use facilities is complicated. Here's an in-depth look at the various methodologies and considerations.
Transportation Fringe Benefits Are Now UBI — Effective Jan. 1, 2018
Does your tax-exempt organization provide transportation and parking benefits to employees? If so, you may have another commuter headache: a new tax.
Cybersecurity Training: Who, What, When, Where, and Why
There are many controls and safeguards organizations can — and should — put in place to reduce their risk of a cyber attack. One very vital tool in mitigating that risk is ongoing cybersecurity training. Use these tips and best practices to help your organization implement an effective training program.
10 Things Keeping Internal Audit Up at Night
The internal audit function is vital to the health of any nonprofit. But committee members often face challenges navigating a strained regulatory environment, all while trying to do more with less. Here are the top 10 challenges keeping internal auditors up at night, along with remedies to help them continue their critical work.
Pay Data For ‘Similarly Qualified Persons In Comparable Positions At Similarly Situated Organizations’ — We’ve got that… don’t we?
Good comparative pay data provides a critical context for determining how much and how to pay a nonprofit’s executives. Yet many organizations fail to give this important element of their compensation program the attention it deserves. Follow these steps to obtain and properly use good data for compensation purposes.
2018 OMB Compliance Supplement Released
The 2018 OMB Compliance Supplement has been prepared in a different format from previous years. This article explains key changes.
Should Your Church Change its Fiscal Year-End?
Setting your church fiscal year-end at a month-end other than December 31 could provide several advantages, but it also could pose several disadvantages. Start by considering both.
Mission Matters
A mission statement is more than mere words plastered on a website or at the top of an annual report — it represents everything an organization stands for and all that it can accomplish. It drives the organization and its work.
