Recruitment and Retention Strategies

Using staff size as a benchmark for growth, 2013 was a good year for nonprofits.  According to a survey,* 46% of nonprofits increased staff size, the largest number since 2009. Unfortunately, recruiting and retaining qualified staff can be a challenge for nonprofits.  One in five organizations surveyed said turn over was their biggest employment challenge.…

An Insurance Review

An Insurance Review From natural disasters to frivolous lawsuits, bad things sometimes happen to good organizations.  Unfortunately, the good your organizations does is of little hop in most of these situations. Assessing and managing risk is a board responsibility.  Begin the process with some serious scenario planning.  What might go wrong and what could happen…

Are You Giving Donors What They Need?

Overall, charitable giving increased 4.9% from 2012 to 2013. the largest year-over-year growth since the recession (2009).* In addition, all sectors experienced year-over-year fundraising growth. It’s good that giving is growing.  However, whats being called donor drop off also occurred in 2012.  Gains of $769 million in gifts from new, upgraded current, and previously lapsed…

A Financial Blueprint

It takes time to develop an effective budget.  But it is time well spent because an effective budget is much more than a spreadsheet.  It is a financial blueprint that ultimately guides program activities and fundraising efforts in the upcoming year and reflects your organizations short- and long- term plans. Your budget provides financial structure.…

Nonprofit CEO Compensation for Fiscal Year 2011

Recent Developments According to a recent report, *an uncertain economy continues to affect compensation. In 2008, compensation for incumbent CEOs generally rose 4% or more.  Increases in 2009, 2010, and 2011 (the latest year for which figures are available) were below that level, although things may be improving. Compensation increases in 2011 were somewhat higher…

Tips for Telling Your Story

Nonprofits have great stories to tell. If you’re not using your organizations stories to garner media attention and promote your mission, it is time to consider doing so. Keep in mind that you’ll be going head to head with hard news, other stories, and lifestyle pieces, so it will generally take more than a great story to…

Tax Issues for Tax Exempts

Being tax exempt doesn’t mean your organization is exempt from all tax-related issues. There are several reasons your organization may be in the IRS crosshairs. The first and most obvious is that the IRS requires exempt organizations (with some exceptions) to file an annual information return: Form 990, Form 990-EZ, or Form 990-N (the e-Postcard), depending on…