Wild Apricot

JUNE 16, 2025

What Is a Fiscal Agent? A fiscal agent is an organization, typically an established nonprofit, that manages money and administrative tasks on behalf of another group. Think of it as a temporary financial home. Fiscal agency is typically a short-term or project-based arrangement. What Are Fiscal Agents Responsible For?

Logic Model

Grant Writer Team

FEBRUARY 20, 2025

Insurance: General liability insurance typically costs $500 to $1,500 annually. Operational Costs Office Space: Depending on location, costs can vary from $500 to $2,000 per month, or consider co-working spaces for lower expenses. Payroll Services: Expect to pay $50 to $200 monthly for payroll processing. First, look at he 990 Search Tool.

Liability Insurance

Planned Giving

APRIL 24, 2025

Takeaway: Nonprofits can accept real estate gifts without ever holding the property directly, reducing liability and complexity. In this guide, Chase debunks five of the most common myths about real estate donations, replacing them with facts that will empower you to accept these gifts with confidence.

Pass-Through

Pamela Grow

FEBRUARY 27, 2025

Liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities. Each nonprofit financial statement is divided into three sections.

Liability

Community Boost

FEBRUARY 26, 2025

Quality, Safety, and Internal Research , including evaluating how our Services perform; repairing or improving the quality of our Services; tracking and responding to quality and security issues; and developing new or enhanced products and service offerings. Request to Correct. Request to Delete. Request to Opt Out of Sales and Targeted Advertising.

Policy

Big Fundraising Ideas

FEBRUARY 18, 2025

This guide offers various creative ideas tailored to each season, from spring fairs to festive holiday activities. Youll find practical tips on planning, organizing, and engaging the community, all designed to help your school meet its goals while keeping the excitement high. Raising money for a primary school is a balancing act.

Fundraising

Blue Avocado

MARCH 3, 2025

Lower liability insurance limits First, the community-based nonprofit sector generally must carry lower limits of liability insurance. Most insurance companies have reinsurance in order to protect their solvency and transfer a portion of their liability to the reinsurer. Many of these nonprofits have never made a claim.

Insurance

Blackbaud

OCTOBER 18, 2024

Keep appropriate waivers and liability forms ready for volunteers to sign. Develop a screening procedure in “normal” times to make crisis screening easier. Catalog the skills and roles needed in a potential disaster along with a database of individuals willing to step up in a crisis. Schedule Shift Work Disaster work is complex and intense.

Management

Bonterra

JUNE 27, 2025

Make it easier for your team to manage your organization with one of the best nonprofit constituent relationship management (CRM) systems designed for organizations like yours. Most nonprofits are tax-exempt but tend to fall under different categories depending on their mission and structure. Generally, all nonprofits must: Serve the public good.

Nonprofit

Blue Avocado

JULY 15, 2025

Like Santa except far more aggressive, they have a list that tells them whether or not your nonprofit has filed its 990 consistently and on time. It’s called the IRS Automatic Revocation of Exemption List. This form is the way the government (via the IRS) ensures your compliance and evaluates how your institution is doing financially.

Liability

Blackbaud

NOVEMBER 5, 2024

Effective financial management equips you to make the most of your nonprofit’s limited resources. To produce meaningful reports to help you do this, you must track all financial activity and ideally compare it to your budget, or your financial representation of what you think you’ll pursue during the year.

Liability

Tony Martignetti

MARCH 9, 2025

Tim Mooney: Politically Motivated Attacks: Who, What & How Attacks on our nonprofit community are happening and the environment is likely to get worse before it improves. Just last week Elon Musk called our community a Ponzi scheme. Just last week Elon Musk called our community a Ponzi scheme.

Nonprofit

Pamela Grow

OCTOBER 19, 2022

Essentially, it shows a snapshot of your organization’s annual financial health by comparing assets and liabilities. Liabilities. These appear on the statement in order of due date, with short-term investments listed above long-term liabilities. Net assets.

Liability

Tech Soup

JANUARY 30, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

IT

Tech Soup

JANUARY 30, 2014

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

IT

GrantNews

JULY 19, 2024

Navigating the tax framework supporting grant money requires careful consideration to ensure compliance with IRS regulations and avoid potential tax liabilities. Consulting a tax professional is advisable to ensure compliance with IRS regulations, maximize benefits, and avoid unexpected tax liabilities.

Grants

GrantNews

AUGUST 6, 2024

The Food Donation Improvement Act reduces liability for donors who make food donations. This bipartisan legislation will reduce food waste and improve food insecurity by encouraging new public and private partnerships by expanding liability protection for food donors. However, there is good news. How, you may ask?

Liability

GrantNews

OCTOBER 26, 2023

If approved, incorporation as an LLC shields individual company members from personal liability for any debts incurred by the LLC. For more details about LLCs, here is a link to the IRS definition of a Limited Liability Company (LLC). Are you trying to decide whether to start a nonprofit or LLC? Answer the following question first.

Liability

Planned Giving

NOVEMBER 2, 2023

Being specific helps remove doubt as the policy is passed to new interpreters, preserves relationships with donors by offering a board-approved policy instead of a subjective opinion on their gift and avoids unintended liabilities for the organization. If you decide to accept the gift of a boat, who will be responsible for the appraisal?

Policy

Get Fully Funded

MAY 4, 2021

Let your volunteers know about your organization’s liability coverage, what it covers and what it does not. Also share with volunteers about the Volunteer Protection Act , which protects volunteers from liability in cases of ordinary negligence. Is there a liability release everyone must sign? Is orientation required?

Policy

Tech Soup

MARCH 30, 2015

As set forth above, the contact person (on behalf of him/herself and/or the submitting group) understands that the individual or group will not receive any compensation (other than prize, if submission is determined to be a prize winner) and releases and agrees to hold harmless Sponsor from any liability in conjunction therewith.

Liability

The NonProfit Times

OCTOBER 4, 2024

Epsilon resolved its criminal liability in 2021 via a deferred prosecution agreement, paying $150 million in penalties and victim compensation. Epsilon’s data showed that many victims were repeatedly defrauded by this single scheme, including more than 12,000 victims who were defrauded more than 20 times each.

Liability

GrantNews

MARCH 13, 2024

Good Samaritan laws grant liability protection to folks who offer reasonable assistance to those who are hurt, sick, in danger, or otherwise incapacitated. Good Samaritan laws grant liability protection to folks who offer reasonable assistance to those who are hurt, sick, in danger, or otherwise incapacitated.

Liability

Planned Giving

MAY 13, 2024

This will reduce your future tax liability when you sell the stock. As the Wash Sale rule doesn’t apply to stock gifts or capital gains, you can capture the tax savings above while stepping up the cost basis of your shares.

Liability

Candid

APRIL 11, 2024

When the Supreme Court gutted race-conscious admissions last summer and the American Alliance for Equal Rights followed with a lawsuit against the Fearless Fund, some in the philanthropic sector feared that demographic data had become a potential liability. They built a public API and released a public data set.

Demographics

Planned Giving

JANUARY 15, 2025

By understanding the intricate advantages of CRTs, individuals can leverage these trusts to minimize tax liabilities while supporting charitable endeavors. Selling these items can result in significant tax liabilities. This can lead to higher tax brackets and increased tax liabilities. What is a Charitable Remainder Trust?

Liability

Blackbaud

NOVEMBER 16, 2023

Net worth takes into account any liabilities the donor has as well as their non-liquid assets (e.g., Major giving has always been incredibly important for the health of nonprofit organizations. In times of economic uncertainty, these key players become even more important. A CSV file is recommended. Use wealth screening to identify prospects.

Nonprofit

Blue Avocado

FEBRUARY 13, 2024

Prior to the Good Samaritan Act, many corporations felt they could face liability for donating food, and people who salvaged it without documented donation could face prosecution. Six best practices for small ways your nonprofit can lead great change. It doesn’t take a ton of education or even a degree to help people.

Lobbying

Get Fully Funded

AUGUST 16, 2024

Most COAs are organized into five categories: assets, liability, net assets, revenue, and expense accounts. Liabilities usually start with 2, net assets with 3, revenue with 4, and expenses with 5 and beyond. Liabilities usually start with 2, net assets with 3, revenue with 4, and expenses with 5 and beyond.

Liability

Get Fully Funded

MARCH 6, 2023

Both have their place and can be highly profitable. You can raise money with all kinds of fundraising events like parties, galas, sporting events, concerts… and the list goes on and on. With so many options, it can be hard to pick the right event for your situation. So, how do you know which one will be THE ONE that raises big bucks for you?

Fundraising

Candid

JULY 18, 2023

For example, some prefer personal giving or directing their philanthropy through limited liability companies (LLCs). As the saying goes, “Money talks,” and there’s no better example of this than the Giving Pledge and its effect on the social sector. That’s potentially a lot of philanthropy.

Liability

Blackbaud

DECEMBER 7, 2023

Net worth takes into account any liabilities the donor has as well as their non-liquid assets (e.g., Major giving has always been incredibly important for the health of nonprofit organizations. In times of economic uncertainty, these key players become even more important. A CSV file is recommended. Use wealth screening to identify prospects.

Liability

GrantNews

MAY 8, 2024

This plan includes general liability insurance, commercial property insurance and business income insurance. Are you or someone you know considering taking the plunge to start a nonprofit? It can be intimidating to build something from the ground up, especially with all the likely hidden costs involved. Happy searching!

Insurance

Blackbaud

SEPTEMBER 19, 2024

Take a look below to learn more about the other three financial statements: Financial Statement Purpose Statement of Financial Position A snapshot of a nonprofit’s assets, liabilities, and net assets at a given point in time, showing its overall financial health. How Do Organizations Use the Statement of Cash Flows?

Finance

Candid

OCTOBER 26, 2022

Please consult a tax professional when determining how a gift of cryptocurrency could affect your tax liability. The nonprofit sector’s recognition and adoption of diverse revenue streams, including cryptocurrency, has increased significantly over the last year, but many still feel hesitant when it comes to crypto fundraising.

Donation

Blackbaud

JUNE 15, 2023

Even so, just like your everyday consumer credit cards, many Purchase Cards incorporate ways to mitigate that risk, having the extra benefit of liability coverage in the unlikely event a card is stolen or an employee were to try to use the card fraudulently. Additionally, not every organizational employee has the same spending need.

Nonprofit

The Fundraising Coach

APRIL 14, 2025

Liabilities (account numbers beginning with 2000): Everything your nonprofit owes, including debt, deferred revenue, and accounts payable. Net Assets (account numbers beginning with 3000): What your nonprofit is worth, calculated by subtracting your total liabilities from your total assets. Tracking financial data is similarly vital.

Liability