Annual IRS Filing: The Basics of What You Need to Know
Most nonprofit organizations, with a few exceptions, are required to file an annual form with the Internal Revenue Service (IRS). The form is officially named “Form 990, Return of Organization Exempt from Income Tax.”
3 Creative Nonprofit Revenue Streams to Diversify Funding
Relying on the same cycle of grants and annual campaigns can leave your organization vulnerable to donor fatigue and shifting economic tides. Tackle financial uncertainty head-on by diversifying your revenue streams and making it fun for your donors to give!
4 Ways HR Can Support Your Nonprofit's Fundraising
When you consider your nonprofit’s fundraising efforts, you probably think of your development team as being in charge (and most of the time, that’s true). But other departments and roles can play a key part in supporting successful fundraising, such as your organization’s board of directors, the executive director, volunteers, marketing staff, IT department, and nearly anyone else who works on your mission!
5 Simple Ways to Boost Nonprofit Staff Efficiency
Nonprofit staff often wear too many hats or have a seemingly endless list of tasks to tend to each day. And yet, 85% of nonprofits predicted an increase in demand for their services in 2026. How can organizations meet this rising demand while protecting staff from burnout?
3 Ways to Integrate AI Into Your Fundraising
As AI is increasingly becoming indispensable across several industries, it’s also transforming nonprofit fundraising.
Starting January 1, 2024, WA is Raising the Minimum Wage and Overtime Salary Threshold
Starting January 1, WA’s minimum wage will increase to $16.28 per hour for employees ages 16+. This represents a 3.4% increase from this year. This new rate applies to nonprofit employers of all kinds.
Reporting Requirements for Washington State's Paid Family Leave and WA Cares Fund
Every quarter, all WA-based employers – including nonprofits! – must complete and file a Paid Family and Medical Leave report and pay premiums. With the launch of WA Cares Fund on July 1, this means additional reporting is required.
Best Practices for Nonprofit Project Management
Nonprofits need to run like clockwork to effectively cover their many projects, internal processes, and stakeholder management. Given this, they often have to anchor on project management to keep their wheels turning.
8 Tips for Managing Your Nonprofit's Database Effectively
Whether your nonprofit is working to launch a fundraising campaign, adjust its marketing strategies, or recruit volunteers, having access to organized supporter data is essential to making informed and effective decisions.
4 Creative Ways to Engage Donor-Advised Fund Holders
With last year’s giving trends showing a 10% decline in donations to nonprofits across the board, it’s more important than ever to get creative with your fundraising strategies and explore new avenues for donations. If you haven’t previously targeted donor-advised funds, or DAFs, this is a worthwhile avenue to look into.
Gain Time & Peace of Mind by Outsourcing Your Bookkeeping to Us!
Nalanda Institute for Contemplative Science has experienced the benefits of outsourcing their accounting to 501 Commons’ Financial Services.
4 Tips to Plan Effective Nonprofit Board Presentations
Board members are a nonprofit’s strategic innovators. They review information about the organization’s strategies and finances, hear from stakeholders about successes and challenges, and create plans to achieve greater future success.
Giving Trends Call Out the Importance of Attracting New Donors
Giving USA Foundation recently released their 2023 report on giving trends in the U.S., and there are plenty of takeaways that nonprofits should pay attention to.
3 Accounting Tips for Nonprofits After a Fundraiser
Your nonprofit’s fundraising events serve a myriad of purposes, from building relationships with donors to spreading awareness for your cause. But, primarily, your events aim to raise money.
Fundraising Advisory Services: Minimize the Guesswork and Maximize Results
Everyone needs to raise money for their mission, but not everyone knows how to do it. We’ve got an incredible opportunity for you to work with an experienced fundraiser who can assess your organization’s capacity to raise funds, develop intentional strategies to help you get to the next level, and mobilize your board along the way.