AI is changing the way nonprofits operate, making everything from donor management to financial oversight more efficient. But with great power comes great responsibility. How can you ensure AI helps your nonprofit without creating unintended risks? Clear policies are the…
For many nonprofits, the need to generate additional revenue—whether through fee-for-service programs, sponsorships, or a full-fledged social enterprise—is a logical next step. But financial missteps can quickly turn a great idea into a burden. Before adding new revenue streams, your…
5 NEW Ways Nonprofits Can Generate Revenue Beyond Dues, Donations, and Grants Nonprofits have traditionally relied on donations, grants, and membership dues to fund their operations. But as economic challenges grow, it’s time to think bigger. What if your nonprofit…
Who benefits from tariffs? Who really pays the price? Today, we’re diving into US-Canada tariffs 2025—specifically, the new 25% tariffs the U.S. government is imposing on most Canadian goods and Canada’s 25% retaliatory tariffs on U.S. goods. What does this…
Running a nonprofit is all about doing good in the community, but let’s face it—no matter how noble your mission is, risks are part of the game. That’s why understanding nonprofit insurance is crucial. What if someone slips and falls…
Recently, I attended Welch LLP’s annual Accounting & Tax Update for Nonprofit Organizations. The event covered a wide range of topics, including changes in accounting standards, risk-based reserve management, and ESG sustainability reporting. However, the most compelling part was the…
Effectively managing nonprofit finances requires a deep understanding of your financial systems. Here are key questions to assess whether your organization's bookkeeping, accounting, and financial management practices are efficient, and how you might benefit from improvements: What financial challenges are…
When evaluating employee benefits, employers often focus on health and dental coverage and Group Retirement Savings Plans (GRSPs). While the costs associated with health and dental benefits are clear, the hidden costs of GRSPs often remain unnoticed. Many companies offer…
In private businesses, effective marketing is essential for success—it’s how companies capture attention, build relationships, and ultimately drive action. Similarly, for nonprofit organizations, Nonprofit Advocacy Strategies serve as their version of marketing. It’s about raising awareness, mobilizing support, and…
Back in 2014, my husband, friends, clients, and I embarked on a heartwarming journey with the Hamilton Basket Brigade. What began as a simple act of pooling resources to provide food baskets for those in need in our community quickly…