July 28, 2020 To Find New Revenue Opportunities, Think Like an Auditor Want to increase your not-for-profit’s revenue? First try analyzing current income as a professional auditor might. Then, you can apply … Read More
July 27, 2020 An Advisory Board Can Complement Your Nonprofit’s Board of Directors Your not-for-profit has a board of directors — so why would it need an additional advisory board? There are a … Read More
July 27, 2020 Are Your Participants Experiencing a Fee Imbalance? Subsequent to the 2012 implementation of ERISA fee reporting regulations (ERISA 408(b)(2) & 404(a)(5)), the Department of Labor (DOL) began … Read More
July 23, 2020 Appealing To The Next Generation Of Supporters Factors such as wealth level, education and even whether people volunteer, probably will tell you more about potential donors … Read More
July 6, 2020 Understanding How to Establish Your Company’s Risk Appetite The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently published new guidance on how companies can promote … Read More
June 23, 2020 How and When to Pay Plan Expenses with Plan Assets Some retirement plan expenses can be paid for with plan assets — but many can’t. Which are the “reasonable and … Read More
June 23, 2020 Beware of the IRS and DOL: Four Red Flags They Seek on Form 5500 The Form 5500 is an ERISA requirement for retirement plans to report and disclose operating procedures. Advisors use this to … Read More
June 23, 2020 Is it Time For a Plan Refresh? The duty to provide participants with sufficient information to make consistently informed retirement investment decisions is a basic fiduciary responsibility … Read More
June 19, 2020 Is it time to outsource finance and accounting? Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you … Read More
June 19, 2020 Rebuilding Your Nonprofit’s Board In times of turmoil, your board of directors should be your not-for-profit’s rock-solid foundation. But what if your board is … Read More
June 11, 2020 The Latest News On Nonprofit Fraud Is Here Every two years, the Association of Certified Fraud Examiners (ACFE) publishes what has become the definitive guide for preventing and … Read More
June 2, 2020 When Nonprofit Contributions Are Quid Pro Quo Charitable contributions aren’t always eligible for tax deductions — even when the not-for-profit recipient is tax exempt and the donor … Read More
