Five SECURE 2.0 Changes That Impact Nonprofits

by CL Davidson | Jun 6, 2023 | Behind the Q

Five SECURE 2.0 Changes That Impact Nonprofits If your nonprofit handles employee’s retirement plans (like a 403(b)), you’ll want to know how SECURE 2.0 affects them. To give you some background, at the end of 2022, President Biden signed into law H.R....

How to Utilize Donor-Restricted and Unrestricted Funds Effectively

by CL Davidson | Apr 18, 2023 | Behind the Q

How to Utilize Donor-Restricted and Unrestricted Funds Effectively Understanding your nonprofit’s net assets equates to understanding your organization’s ability to survive and thrive. Net assets are the value of what the organization owns (assets) minus...

Mastering Nonprofit School Finance: Tackling the Top 4 Challenges Head-On

by CL Davidson | Mar 19, 2023 | Behind the Q

Mastering Nonprofit School Finance: Tackling the Top 4 Challenges Head-On ..Financial management for nonprofit schools is often tricky, but it doesn’t have to be. The four top challenges to be aware of are endowments, fundraising, audits, and strategic planning....

Keeping Your Public Charity Status is a Breeze

by CL Davidson | Feb 27, 2023 | Behind the Q

Keeping Your Public Charity Status is a Breeze If you follow our blog, you may have seen our recent article about the pros and cons of public charities and private foundations (and how to decide which is best for your nonprofit.) Most founders concentrate on obtaining...

Starting a Nonprofit? Pros and Cons: Public Charity vs. Private Foundation?

by CL Davidson | Jan 24, 2023 | Behind the Q

Starting a Nonprofit? Pros and Cons: Public Charity vs. Private Foundation? If you are thinking about starting a nonprofit organization, setting it up correctly right from the start will make life easier for you and your team in the long run. First, you must determine...