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Net Operating Reserves: A Strategic Imperative for Nonprofit Resilience in Uncertain Times
As nonprofits navigate a complex landscape shaped by economic volatility, delayed government reimbursements, philanthropic shifts, and increasing service demands, maintaining operational continuity requires more than reactive budgeting. It requires a forward-looking financial strategy— one grounded in resilience, liquidity, and the flexibility to respond to risk. At the heart of this strategy is the net operating reserve (NOR).
5 min read
Embracing Adaptive Governance: Strengthening Nonprofit Resilience in a Time of Uncertainty
In light of current political volatility, economic uncertainty, donor realignment, and rapid technological change, traditional models of nonprofit governance may no longer be sufficient for your organization.
4 min read
The Top AI Risks in the Nonprofit Sector
Managing finances for a nonprofit organization means navigating one of the most complex compliance landscapes in the business world. While for-profit companies focus primarily on tax compliance and financial reporting, nonprofit finance managers must juggle federal and state tax-exempt requirements, grant compliance obligations, board governance standards, and specialized accounting rules – all while supporting the organization's mission with limited resources.
6 min read
Navigating Nonprofit Compliance: A Finance Manager's Guide to Complex Requirements
Managing finances for a nonprofit organization means navigating one of the most complex compliance landscapes in the business world. While for-profit companies focus primarily on tax compliance and financial reporting, nonprofit finance managers must juggle federal and state tax-exempt requirements, grant compliance obligations, board governance standards, and specialized accounting rules – all while supporting the organization's mission with limited resources.
10 min read
New Tax Law Will Have Significant Impact on Tax Exempt Organizations
President Donald Trump signed into law a sweeping reconciliation tax bill, commonly known as the “One Big Beautiful Bill Act” (OBBBA) at a July 4 signing ceremony, capping a furious sprint to finish the legislation before a self-imposed Independence Day holiday deadline. The Senate had approved the bill in a 51-50 vote on July 1 after making a number of last-minute changes following intense bicameral negotiations. The House then voted 218- 214 on July 3 to send the bill to th
11 min read
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