Many not-for-profits are just starting to emerge from one of the most challenging environments in recent memory due to the COVID-19 pandemic. Even if your organization is in good shape, don’t get too comfortable. Financial obstacles can appear at any time and you need to be vigilant about acting on certain warning signs.

black and yellow diagonal stripes of a warning sign; image used for blog post about financial warning signs for not-for-profits

Consider the following.


Continue Reading Not-for-Profits: Don’t Ignore These Financial Warning Signs

Is your not-for-profit association offering enough (or the right) programs to keep members active and engaged? Program development requires time, effort and money. So when you commit to developing a new one, you want to get the biggest bang for your buck. Here are some simple dos and don’ts:

  • DO consult your members. Through focus

To err is human, but your not-for-profit’s supporters, not to mention the IRS, may be less than forgiving if errors affect your financial books. Fortunately, if you attend to details, you can avoid these common accounting mistakes: 

1. Failing to follow accounting procedures. Even the smallest nonprofit should set formal, documented and detailed procedures for