If you're still managing your nonprofit's finances on a desktop accounting system, you're not alone—but we’ve seen first-hand how risky that can be. These systems can crash, be stolen, or even be held hostage by one well-meaning but uncooperative staff…
Why Many Nonprofits in Canada Stick with QuickBooks Online and When ERP Is the Right Move Most nonprofit teams start looking at ERP systems because “integrated technology” sounds like the perfect solution. But here’s the truth: garbage in, garbage out…
New tariffs between the U.S. and Canada aren’t just a business issue. For nonprofits, the ripple effects are already starting—and they go beyond higher costs. We're looking at lower donations, rising community needs, and economic uncertainty that hits the most…
Don’t Wait for a Crisis: How Nonprofit EDs Can Start Succession Planning Now Most nonprofit Executive Directors know they should have a succession plan. Very few actually do. It’s not about bad leadership—it’s about bandwidth. When you’re dealing with budgets,…
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…