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Finance: AMA Pushes For Charity Care Accountability

The NonProfit Times

Image from [link] Members of the American Medical Association (AMA) voted to support greater oversight of nonprofit hospitals and standardization of charity care policies so financial assistance reaches patients in need. Hospitals are eligible for nonprofit status, which exempts them from income, property, and sales taxes.

Finance 94
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Financial Sustainability for Nonprofits: 4 Considerations

Ann Green's Nonprofit

Effective financial management is critical for your nonprofit to grow and thrive long-term. By Jon Osterburg If you work for a new nonprofit, your team’s primary goal is probably to get your operations off the ground and start furthering your mission. Explore four considerations for achieving financial sustainability. Methodology.

Finance 147
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What Every Nonprofit Needs to Know About Financial Audits

Blackbaud

But as a nonprofit professional, you dont have to feel this fear regarding your organizations audits! Audits are actually essential to build a strong managerial and financial foundation for your nonprofit. In this guide, youll learn four key things you need to understand about audits as a nonprofit professional. Lets dive in!

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How to Develop Scalable AP Policies for Your Nonprofit

Blackbaud

But it’s never a good plan when you are managing accounts payable for your nonprofit organization. Your nonprofit’s accounts payable policies create easy-to-follow guidelines to help provide that consistency. Effective AP policies support financial compliance, scalability, and operational efficiency.

Policy 105
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How to Develop Your Nonprofit Operating Reserves

Blackbaud

When you work for a nonprofit organization, you dont hope for a period of unexpected demand or income fluctuations. Operating reserves provide a financial cushion to help nonprofit organizations weather economic uncertainty and make stronger strategic decisions. Still not sure if an operating reserve is right for your nonprofit?

Contract 104
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Bill To Pull Tax Exemptions Headed Back To Congress

The NonProfit Times

Secretary of the Treasury to designate a nonprofit as a terrorist supporting organization and yank its exempt status was tacked to the bottom of a bill in the U.S. While the Stop Terror-Financing and Tax Penalties on American Hostages Act (H.R. Such a policy totally disregards the Constitutional principle of due process.

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Managing Your Operating Reserves During and After an Emergency

Blackbaud

With the right policies and strategies in place, your nonprofit organization can draw from your operating reserves during and after an emergency without putting future operations at risk. Want to learn more about operating reserves for your nonprofit organization? Check out our webinar with A.