Articles Related to Financial Management

Are You a Change Agent?

Jul 14 2015

Related to: Advocacy, Related to: Board Development, Related to: Collaboration, Related to: Communications & Marketing, Related to: Evaluation, Related to: Financial Management, Related to: Fund Development, Related to: Human Resources, Related to: Leadership, Related to: Volunteer Management

Reason #4: Changing for the Wrong Reasons What are the deep motivations driving you? What... Read Article

Record Keeping the Right Way

Jun 19 2015

Related to: Financial Management

Importance of Recordkeeping 

An organization must keep books and records to show it complies with tax rules, and it must be able to document the sources of receipts and expenditures reported on Form 990, Return of Organization Exempt From Income Tax. For additional information on Form 990, please see Chapter 8.

An effective... Read Article

How Do You Give Back?

Jun 1 2015

Related to: Advocacy, Related to: Board Development, Related to: Collaboration, Related to: Communications & Marketing, Related to: Evaluation, Related to: Financial Management, Related to: Fund Development, Related to: Human Resources, Related to: Leadership, Related to: Technology, Related to: Volunteer Management

Thousands of nonprofits in New Mexico 

Each has a unique vision... Read Article

Event Helping Albuquerque Homebuyers - May 1-2

Apr 9 2015

Related to: Collaboration, Related to: Financial Management

Wells Fargo Launches HomeLIFT Program Mayor Richard J. Berry joins Wells Fargo, NeighborWorks America®, and its affiliate Homestart to announce the Albuquerque Wells Fargo HomeLIFT® program, a $4.75 million initiative to boost homeownership and strengthen local neighborhoods. Of the $4.75 million committed by... Read Article

Defining & Understanding Unrelated Business Income

Feb 17 2015

Related to: Financial Management

The IRS is looking at nonprofit unrelated business income (UBI).  Here's a short video to help nonprofit organizations understand unrelated business income.  Rob Nowak, a principal with CliftonLarsonAllen working with nonprofits on tax issues, talks about:

The IRS definition of UBISome of the gray areas left to individual... Read Article

Mandatory 10% Overhead Minimum in Government Contracts Takes Effect

Dec 29 2014

Related to: Board Development, Related to: Financial Management

New OMB Guidelines that take effect December 26, 2014 say that contracts with nonprofits involving federal money must include a minimum of 10% overhead. This isn't enough, but it's an important victory for nonprofit policy advocates. California currently ranks 4th worst in the nation in... Read Article

Six IRS Tips for Year-End Gifts to Charity

Dec 23 2014

Related to: Financial Management, Related to: Fund Development

Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your deductions. There are several tax rules that you should know about before you give. Here are six tips from the IRS that you should keep in mind:

Qualified charities. ... Read Article

Nonprofit Survey of HR & Finance Functions

Sep 4 2014

Related to: Financial Management, Related to: Human Resources

NonProfit Back Office Resources is working with UNM Anderson School of Management faculty to collect data and prepare a report for the New Mexico Association of Grantmakers and other funders.  The report will focus on the status of New Mexico nonprofit organizations human resource and financial processing functions.... Read Article

When Funds Go Missing, What Can You Do? What Must You Do?

May 22 2014

Related to: Financial Management

via Nonprofit Quarterly, written by Clifford Perlman 

One of the most difficult situations I’ve encountered while counseling nonprofit boards over the years is when they have discovered that the organization’s funds have been embezzled, most commonly by an insider. Two real-life situations are particularly noteworthy. In the first... Read Article

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