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…