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Making Your Nonprofit’s Special Event Profitable

Making Your Nonprofit’s Special Event Profitable

As in the for-profit world, sometimes not-for-profits need to spend money to make money. This is particularly true when it comes to fundraisers. At the same time, you need to resist the temptation to overspend or your special event may not raise the amount you were...
What To Do If Your Nonprofit Receives An IRS Audit Letter

What To Do If Your Nonprofit Receives An IRS Audit Letter

The IRS’s staffing shortages have been well publicized and audits of individuals have decreased in the past several years. But it’s a mistake to assume that the agency has stopped scrutinizing not-for-profits and conducting audits when it deems necessary. If your...
Fiduciary Duties: What Your Board Needs To Know

Fiduciary Duties: What Your Board Needs To Know

Not-for-profit board members — whether compensated or not — have a fiduciary duty to the organization. Some states have laws governing the activities of nonprofit boards and other fiduciaries. But not all board members are aware of their responsibilities. To protect...
Don’t Let A Disaster Defeat Your Nonprofit

Don’t Let A Disaster Defeat Your Nonprofit

  Most not-for-profits are intensely focused on present needs, not the possibility that disaster will strike sometime in the distant future. But because a fire, flood or other natural or manmade disaster could strike at any time, the time to plan for it is now.You...
Developing a Fundraising Plan That Works

Developing a Fundraising Plan That Works

A not-for-profit can have many strengths — a prominent board of directors, dedicated volunteers, committed staff members and effective programs — and still struggle to meet fundraising goals. Often, such nonprofits lack a strategic fundraising plan. Here’s how to...
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