Associations

The Office of Management and Budget has released proposed revisions to 2 CFR Part 200, also known as the Uniform...

Nonprofit leaders need clear financial visibility to make confident decisions, but too often, they are working from reports that are...

Are Board Packets a Substitute for Nonprofit Board Minutes? Digital board packets have made meeting materials easier to share, but...

AMS Migrations & Audit Risk for 501(c)(6) Associations Key Takeaways An AMS migration can significantly impact an association’s audit, especially...

When should nonprofits upgrade accounting systems? It’s easy to imagine the beginning stages of a new nonprofit entity. A founder...

Conference Revenue, Costs, and Audit Risks for 501(c)(6) Associations Conference revenue used to feel predictable for 501(c)(6) associations. For decades,...

Why Strong Financial Management Matters for Political Advocacy Organizations Political organizations don’t fail due to a lack of passion or...

A Board Governance Framework for Resilient Nonprofits Strong governance is the foundation of a resilient nonprofit organization. An effective board...

Membership numbers rarely stay flat for trade and professional associations, and the same is true of 501(c)(3) membership organizations. Whether...

Rising costs are no longer a background issue for associations. Each day, association leaders see vendor contracts escalate, payroll budgets...

What is the Statement of Functional Expenses? The Statement of Functional Expenses (SFE) is a financial report used by not-for-profit...

If you’re a nonprofit or federally funded organization, allocating expenses by function isn’t optional, it’s necessary. Functional expense allocation helps...