Nonprofit Investing Guide: Planning for the Future
As a nonprofit leader, you’ve likely spent significant time and energy planning your organization’s long-term programmatic growth. In order to put those plans into action and maximize your impact on the community, you need to take financial literacy seriously and plan for your nonprofit’s financial future.
January 1, 2022: Minimum Wage & Overtime Exemption Thresholds are Rising
For WA-based organizations, be sure that you stay legally compliant and implement the new minimum wage on January 1. You also need to check to see if you have exempt staff that qualify for overtime because their pay is below the new threshold.
Why Nonprofits Should Focus on Financial Literacy
For decades, nonprofit organizations have played a vital role in building healthy communities. One challenge that constantly faces them, however, is how to sustain operations during an economic downturn.
Paths Forward for Financially Stressed Organizations
Most organizations are experiencing some level of financial stress. Even those receiving additional direct service funds may find that having a growing program is stretching administrative staff and operating systems.
Take Advantage of Free PPP Loan Assistance
Lawmakers are making it easier to convert Payment Protect Program (PPP) loans into grants. Learn how this can be done and how 501 Commons can assist you in applying for loan forgiveness.
Resources for Preparing for COVID-19 and Other Emergencies
The recent outbreak of COVID-19 is causing nonprofits to reevaluate how prepared they are for emergencies. We’ve been monitoring the situation closely and have assembled resources to help your organization adjust to this new reality.
QuickBooks Desktop vs. Online: Which is Best For Me?
Few accounting software programs can compete with Intuit’s QuickBooks for smaller to mid-sized organizations. Many nonprofit organizations use it for bookkeeping, payroll, and managing fundraising activities.
Take the Guesswork Out of Your Bookkeeping
Nonprofit accounting brings unique challenges, rules, and reporting requirements that for-profit companies don’t have to deal with. If anything is confusing you or causing you to lose sleep at night, partner with us and we can guide your way to better bookkeeping practices.
Get Financially Fit Without Breaking a Sweat
Confused by finances? We got you! We’re offering tailored financial training for board members and staff that makes key areas of nonprofit accounting easier to understand.
Pinpoint Your Organization's Priorities with Our Free Assessment
Unsure what to focus on in 2019? Take our free Five Elements of a Healthy Nonprofit Self-Assessment survey to find out!