A quick Google search for the phrase “nonprofit embezzlement” turns up thousands of news stories about thefts, ranging from relatively small amounts to millions of dollars. Regardless of the size of the misappropriation, the way a victimized organization responds can make or break its reputation, fundraising results and, in turn, ability to pursue its mission….
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The CARES Act: What’s in it for Nonprofits?
When Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in late March, much attention was paid to Economic Impact Payments for individuals and various types of assistance for businesses. But the 880-page law also contains some assistance that could prove critical to nonprofits as they struggle to deal with the financial impact…
Staffing During COVID: How to Operate Effectively During a Pandemic
Repost from Nicole, Rizkallah, Philanthropy Daily Covering all of your bases and maintaining an effective staff is crucial right now. Here are some tips to keep your staff functioning well during the pandemic. The greatest threat to an understaffed nonprofit is not missing out on the opportunity to grow programs or deepen donor relations. It…
Succession Planning: The Future is Now
When a senior leader leaves a nonprofit, it can affect every aspect of the organization. Whether the departure is planned, such as a retirement, or is unexpected due to a resignation, termination or death, you should have a plan to reduce disruption and ensure continuity. Succession planning is perhaps more important than ever in a…
Government Shutdown Means 990 Filing Delays
IMPORTANT: This currently impacts only those with 12/31 and 01/31 fiscal year ends. Government shutdowns are never helpful, more so when it occurs at the end of the year because of how it impacts the IRS and those whose fiscal year end is December 31st. As of right now, many types of individual and business…
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Sechler Morgan CPAs PLLC is an Arizona-based CPA firm dedicated to serving nonprofit organizations with care and purpose since 1985.