Non-Profit Insights

Nonprofits with investment portfolios should consider adopting effective spending policies. There is no one optimal policy that should be followed, the best option will vary on a variety of factors.

In recent research, it is estimated that one hour of volunteer time is worth $34.79 and could be more valuable depending on the location and when provided by certain professionals.

Nonprofit organizations that have an endowment must adhere to certain regulations, including when it comes to spending from investment income. For this reason, many nonprofits opt to have a financial professional manage their endowment investments.

Sometimes donors put restrictions on their donated funds, and in other instances, nonprofit boards place limits on certain assets. Board-designated net assets can prove critical to the survival of programs, projects, or an organization itself.

There are five updates to the Federal Acquisition Regulation's (FAR) thresholds: micro-purchases, small purchases, sealed bid, proposal and noncompetitive that nonprofits should be aware of.

Special events require an enormous amount of planning. So it’s understandable when nonprofit staffers push “tax compliance” to the bottom of their to-do lists. However, tax reporting for events may be different from and more difficult than what they’re used to reporting with other activities.

Federal agencies were required to adopt the U.S. Office of Management and Budget’s (OMB) latest revised Uniform Guidance (UG) by October 1, 2024. The revisions are being welcomed by many nonprofit organizations, due to the changes aim to help reduce the burden on recipients and sub-recipients of federal grants.

In a tight job market, where nonprofit organizations are competing with for-profit businesses for talent, it may be necessary to raise compensation. However, potential tax penalties can result if the IRS deems compensation more than reasonable