Nonprofit Resources
Strengthening Internal Control in the COVID-19 Environment
August 19, 2020 - A strong internal control system has always been a priority for nonprofit audit committees and management teams. Here are five tips your management team should consider to strengthen your internal control environment in response to a remote environment.
Managing Compensation in The ‘New Normal’
August 19, 2020 - Because compensation is generally the largest expense for most nonprofits, it is no surprise that many have been forced to reduce or eliminate salaries, and discontinue any bonus and incentive plans during the pandemic. This article looks at few things we can expect moving forward and some general guidelines for managing compensation in the new normal.
Applying for PPP Loan Forgiveness
July 17, 2020 - A comprehensive look at Paycheck Protection Program (PPP) loan forgiveness, including changes arising from the enactment of the Paycheck Protection Program Flexibility Act of 2020 and subsequent SBA guidance.
Questions and Answers About the Economic Injury Disaster Loan (EIDL) Program
July 2, 2020 - The Economic Injury Disaster Loan (EIDL) program reopened applications to qualified small and agricultural businesses on June 15, 2020 after receiving more funding through congressional action. Learn about the funding available, who is eligible to receive it, and how it can be used.
FIPSE Provides Additional Funding Option for Higher Education
July 2, 2020 - A portion of the CARES Act provided additional COVID-19 relief for higher education institutions through the Fund for the Improvement of Postsecondary Education (FIPSE). Here’s what your institution should know about accessing and using the funds.
Transitioning from Now to Next: Leading Through a Time of Accelerating Change
June 30, 2020 - The COVID-19 pandemic has forced nonprofit leaders to face many uncertain scenarios and make rapid adjustments to their operational models. Learn the eight things leaders say when they fear change and practical solutions for shifting mindsets.
How “Stressed” Is Your Institution?
June 30, 2020 - The need for an updated roadmap for institutions of higher education became urgent when COVID-19 was declared a pandemic. Here's a look at insight from "The College Stress Test" and how you might apply it at your higher education institution.
Security in a Cloud Computing Environment
June 29, 2020 - If your organization uses a cloud computing environment, it’s important to understand the inherent security risks and take steps to reduce them.
Considerations for Reducing Expenses at Your Institution
June 11, 2020 - If your higher education institution is preparing to tighten expenses, here are some considerations to help you undertake cost-savings measures in a way that ensures valuable and memorable student experiences and outcomes.
Unpacking the Paycheck Protection Program Flexibility Act
June 4, 2020 - The Paycheck Protection Flexibility Act of 2020 makes several important changes to the PPP loan program, including extending the minimum loan maturity and expanding the loan forgiveness Covered Period.