NonProfit Quarterly

APRIL 3, 2024

As a result, the average size of a Low Income Housing Tax Credit (LIHTC) building, the nation’s largest housing support program , has increased from 34.0 JOE NYC’s goal is to “improv[e] operating margins of contributed properties by achieving economies of scale through the bulk purchase of energy, goods, and services.”

Values 112

Values Public and Nonprofit Management Construction Finance 112

Bloomerang

SEPTEMBER 30, 2022

In fact, it’s why many restaurants that begin charging a fixed, compulsory service charge to cover pooled tips for front and back of house staff rapidly did away with the practice. Plus, people generally feel better giving to direct service than administrative costs. While true, often a part of the ticket price is tax-deductible.

Associations 82

Associations Retail Values Fundraising 82

NonProfit Quarterly

OCTOBER 19, 2023

2 But it is not without risks. Tax Codes and Fossil Fuel Companies Monique Harden, director of law and public policy and community engagement program manager for the DSCEJ, says tax codes are another reason behind the sudden push for these sites in Louisiana and elsewhere.

Environmental 104

Environmental Energy Technology Public Policy 104

NonProfit Quarterly

NOVEMBER 29, 2022

As Harvard economist David Deming has pointed out , “A generation ago, there was a system that helped you not take on the risk yourself to pay for college education, but society took on the risk for you by making tuition cheap…We’ve shifted the risk from society directly to the student.” percent increase from the $4.9

Public and Social Policy 95

Public and Social Policy Governance Poverty Healthcare 95

The Charity CFO

SEPTEMBER 28, 2022

Still, the few dollars a month you’ll spend on the service can save you hours of payroll costs–so it’s worth the investment! Hire a Payroll Service . It may seem like a good idea to save money by handling payroll in-house but do so at your own risk. Remember, nonprofits do have to pay some taxes. Our advice?

Finance 105

Finance Nonprofits Nonprofit Accountability Law 105

The Charity CFO

JANUARY 26, 2023

Most people dread filing taxes. The piles of paperwork, long hours, and complicated tax codes can be truly overwhelming. They’re ever busy trying to make a positive difference in their communities, which is why tax filing often comes as an afterthought. Fortunately, filing taxes for a nonprofit doesn’t need to be stressful.

Public and Social Policy 52

Public and Social Policy Nonprofit governance and management Public and Nonprofit Management Finance 52

Bloomerang

JANUARY 22, 2024

In addition to charitable organizations, the IRS distinguishes many other types of tax-exempt organizations with the 501(c) designation. That’s because donations to these organizations are usually tax-deductible for the donor, making it easier to raise funds. What potential challenges or risks will the nonprofit face?

Public and Social Policy 80

Public and Social Policy Nonprofit governance and management Public and Nonprofit Management Charitable Organizations 80

Nonprofit Marketing Insights by GlobalOwls

SEPTEMBER 28, 2023

You can get in touch with hiline.co to get the best possible accounting services possible. An accountant can help chart the financial course, projecting revenue streams, expenses, and potential risks, ensuring a smoother and more informed expansion. Accounting professionals can help identify and mitigate these risks.

Healthcare 52

Healthcare Insurance Medical Management 52

NonProfit Quarterly

SEPTEMBER 13, 2023

Mission-Driven Land Acquisition In communities all over the country, commercial corridors are lined with small mom-and-pop establishments that provide communities with food and services but also hire locally and act as ambassadors for culture. Traditional views of “risk.” Designing systems that last beyond you. He was right.

Culture 97

Culture Community Development Collaborations Activism 97

The Charity CFO

DECEMBER 22, 2022

But, just like for-profit businesses, nonprofit organizations must also navigate complex tax laws and regulations to remain compliant. It is expensive and untenable since you have to deal with costly taxes and contribute to social security, unemployment insurance, and other benefits. These services include parts and materials.

Non-Profits 52

Non-Profits Nonprofits Finance Insurance 52

The Charity CFO

DECEMBER 15, 2023

Program Service Fees: Many nonprofits charge fees for the services they provide, such as a ticket fee for a nonprofit theater. Like restricted and unrestricted funds, keeping grant and sponsorship money can save you headaches at tax time (and when communicating with donors ).

Non-Profits 52

Non-Profits Nonprofits Food Finance 52

Nonprofit Marketing Insights by GlobalOwls

DECEMBER 12, 2023

403(b) plans are specific to nonprofit organizations and are designed to provide tax-advantaged retirement savings for employees. 401(k) plans are also available to nonprofit organizations and offer employees the opportunity to save for retirement through pre-tax contributions and potential employer matching.

Non-Profits 52

Non-Profits Nonprofits Finance Nonprofit governance and management 52

Get Fully Funded

JANUARY 16, 2024

Plus, these documents are helpful to reference as your organization files its annual tax returns. Filing online tax forms Although your nonprofit has been granted tax-exempt status by the IRS, you still have to file a tax return each year.

Nonprofit Accountability 52

Nonprofit Accountability Nonprofit governance and management Nonprofit Administration and Development Finance 52

NonProfit Quarterly

JANUARY 19, 2023

As Beth Richie argues, “Against the backdrop of divestment of basic services in low-income neighborhoods and mass incarceration, women of color are now burdened in ways that have untold costs and consequences.” The incarceration of a partner or coparent also increases women’s risk of behavioral health problems, including major depression.

Public and Social Policy 122

Public and Social Policy Health Associations Children 122

Top Nonprofits

FEBRUARY 13, 2024

Plus, they can check each other’s work to reduce errors and prevent financial risks at your organization. There are three ways for your nonprofit to access accounting services, each of which comes with its own pros and cons: Hiring an accountant in-house. Receiving an in-kind donation of accounting services. Let’s get started!

Nonprofit governance and management 59

Nonprofit governance and management Finance Nonprofit Accountability Nonprofits 59

Get Fully Funded

FEBRUARY 25, 2024

Truly, if you aren’t thanking donors well, you run that risk. Offering the phone number and/or email of someone the donor can contact with questions is good customer service and shows how open you are to receiving input from them. Element #9: Tax language. How about one that mooches all the time and never says “thank you”?

Construction 105

Construction Values Fundraising Fundraising 105

The Charity CFO

NOVEMBER 15, 2023

Perhaps this means taking on debt in order to grow programs and services. The money could be used to hire staff, expand a service area, or launch new initiatives. They may be used to finance capital projects, to purchase real estate, make building improvements, or to expand services. That means monthly payments may be lower.

Nonprofit governance and management 52

Nonprofit governance and management Finance Nonprofits Management 52

Nonprofit Marketing Insights by GlobalOwls

FEBRUARY 14, 2024

It minimizes manual input, reduces the likelihood of errors, and ensures that employees are paid on time and in compliance with tax laws and other regulations. Key Features and Benefits – Accuracy and Compliance: Automated systems reduce the risk of human error and ensure adherence to changing tax laws and regulations.

Non-Profits 52

Non-Profits Law Technology Management 52

NonProfit Quarterly

MAY 4, 2023

Practically, these circumstances leave many undocumented immigrants with no choice but to continue to work even in hazardous conditions, typically without hazard pay to compensate them for the risks they are taking. This includes aid provided by the Federal Emergency Management Agency, as well as unemployment insurance.

Disaster Relief 125

Disaster Relief Nonprofit governance and management Public and Social Policy Insurance 125

Stanford Social Innovation Review

JANUARY 5, 2023

Private philanthropy is also far more expensive to raise than tax dollars. It costs governments an average of 1 cent to raise each tax dollar. The service provider then pursues a set of outcomes pre-defined by an “outcomes funder” (a large institutional funder or the government).

Public and Social Policy 91

Public and Social Policy Governance Philanthropy Poverty 91

Stanford Social Innovation Review

NOVEMBER 8, 2023

Her lack of access to healthy food, along with the stress associated with getting food and making ends meet, exacerbates her risk. Using Goodr, large and small organizations including food manufacturers can easily manage the logistics and tax write-off process of donating excess food to families who need it. Zipline changes this.

Health 98

Health Public and Social Policy Entrepreneurship Food 98

The Charity CFO

APRIL 5, 2023

Noncompliance can lead to dire consequences for your nonprofit organization, including Fines Lack of funds / Reduced funding Diminishing donor/supporter trust IRS audits Revocation of tax exempt status Compliance Checks Compliance checks may also vary by organization and can come in different forms. Have you properly withheld payroll taxes?

Law 52

Law Nonprofits Nonprofit Accountability Finance 52

Stanford Social Innovation Review

APRIL 8, 2024

However, it became clear that these leaders faced increasingly intractable problems: As white residents fled to the suburbs, they took with them the wealth, tax base, and social capital that their communities needed to make progress. Scrutinize 990 tax filings, board rosters, and donor lists.

Nonprofit governance and management 103

Nonprofit governance and management Governance Leadership Non-Profits 103

The Charity CFO

APRIL 19, 2022

Risk of defaulting on loans . If you don’t file your 990 for 3 consecutive years, you’ll lose your tax-exempt status. Have you failed to withhold the proper state and federal payroll taxes required for your employees? And have you been notified of any issues with your payroll tax filings or associated penalties?

Nonprofit governance and management 98

Nonprofit governance and management Public and Nonprofit Management Finance Nonprofit Accountability 98

Selfish Giving

JUNE 27, 2018

When I wrote Commandment #8 “Thou Shalt Be Aware of UBIT” (“UBIT” meaning “unrelated business income tax”), I very intentionally used the words “be aware” rather than “beware,” which makes UBIT sound more perilous than it need be. This Alabama man’s free lawn service is changing lives one yard at a time across the 50 states.

Public and Nonprofit Management 113

Public and Nonprofit Management Advertising Marketing Marketing 113

NonProfit Quarterly

JANUARY 31, 2024

If public service is the primary way journalism happens, the questions are how much of it are we going to have and how quickly is it going to grow. I know that in some countries like Australia and Canada, taxes are being used to support journalism. Taxing social media solves a problem from many years ago. We have to change.

Public and Social Policy 98

Public and Social Policy Advertising Public and Nonprofit Management Nonprofit governance and management 98

Candid

OCTOBER 11, 2022

Professional fiscal sponsor services often include: HR, benefits, and payroll. Financial management, budgeting, and accounts payable/receivable Tax preparation and annual audit Grants management Risk assessment and insurance Legal counsel. You should know the sponsor’s fee structure and included services.

Nonprofit Administration and Development 98

Nonprofit Administration and Development Insurance Management Culture 98

Nonprofit Marketing Insights by GlobalOwls

APRIL 27, 2023

From hiring employees to paying taxes and ensuring everyone gets paid on time, the responsibilities are many, and the stakes are high. Expertise And Support Payroll outsourcing companies have a team of experts who specialize in payroll and are up-to-date on the latest tax laws and regulations.

Insurance 52

Insurance Law Health Management 52

NonProfit Quarterly

FEBRUARY 29, 2024

Work requirements also come with a large amount of red tape, or “time tax.” These costs come from increased spending on worsened health, increased child welfare system expenditures, and lost tax revenues due to worse employment outcomes. It’s a vicious circle: losing benefits only makes it harder to find and sustain employmen t.

Public and Social Policy 103

Public and Social Policy Poverty Social Policy Children 103

Stanford Social Innovation Review

DECEMBER 20, 2022

Recent media coverage of several large and deadly fires, alongside the federal and state wildlands management response, have focused public concern toward wildfire risks on public lands, and in particular coniferous forested lands. But how else should a society invest in risk reduction? What are the primary drivers of risk?

Public and Social Policy 94

Public and Social Policy Insurance Governance Management 94

The Charity CFO

AUGUST 15, 2023

One key differentiator is that what is recorded following GAAP is what will show up on the audit and may not show up on the IRS tax form, Federal Form 990. The IRS report only pays attention to tangible monetary value which means things like in-kind services or unrealized gains/losses on investments are excluded.

Nonprofit Accountability 52

Nonprofit Accountability Nonprofit governance and management Non-Profits Public and Nonprofit Management 52

Get Fully Funded

APRIL 25, 2024

With low-risk investment strategies, the original donation can grow significantly through the years without asking more from the donor. Plus, donors receive immediate tax benefits whenever they add to the endowment, whether through stock giving, wills, or additional cash gifts. Easier long-term financial planning.

Fundraising 52

Fundraising Fundraising Nonprofits Management 52

Stanford Social Innovation Review

MARCH 18, 2024

AI is poised to alter everything from how customer service questions get answered to diagnosing cancer. At the same time, these jobs have incredibly high rates of burnout, are physically taxing, mentally exhausting, and often poorly paid. Nearly one in five home healthcare aides lives in poverty.

Curriculum and Teaching 87

Curriculum and Teaching Healthcare Civil Society Technology 87

NonProfit Quarterly

JUNE 13, 2023

They provide social services, healthcare screening, workforce development, and education.” They provide social services, healthcare screening, workforce development, and education. She added that foundations that just seek the highest possible return for their endowment assets ought to be taxed on endowment earnings.

Finance 82

Finance Homelessness Healthcare Foundations 82

The Charity CFO

NOVEMBER 30, 2023

For example, receipts get misplaced or someone accidentally files tax documents incorrectly. Unfortunately, many nonprofit leaders are unsure of which classification their workers fall under–leading to misclassified workers and a headache at tax time. If you don’t already, it’s time to put a record-keeping system in place.

Nonprofit Accountability 52

Nonprofit Accountability Finance Nonprofits Education 52

Nonprofit Fixer

NOVEMBER 7, 2023

Nonprofits are different from businesses because the incentives, tax structures, and motives are different. Nonprofits can benefit from revenue and don’t have to pay income tax on that revenue, but these perks come with strings attached and more public accountability. People or companies buy services or products.

Nonprofit governance and management 98

Nonprofit governance and management Public and Nonprofit Management Nonprofit Administration and Development Governance 98

The Charity CFO

JANUARY 30, 2024

Overlapping Programs, Services, and Missions Two nonprofit organizations that operate in the same space might be competing for resources. A merger between two nonprofits with the same goals, missions, and services removes competition. This leads both nonprofits to suffer.

Nonprofits 52

Nonprofits Finance Advertising Nonprofit Accountability 52