PSN
Showing 177–192 of 240 results
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Newsbits
Fall 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 457
Abstract: In this issue, “Newsbits” takes a quick look at the costs vs. the benefits for a nonprofit in having social media fans; Financial Accounting Standards Board (FASB) projects regarding nonprofits’ financial statements and financial communications; and a study showing that dual-channel donors (those who give both online and offline) have the highest annual donor value.
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Employees vs. independent contractors — Classify your workers per IRS guidelines
Fall 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 666
Abstract: The IRS has publicly stated it plans to crack down on organizations that improperly classify workers as independent contractors instead of employees. This article details the steps one must take to be sure that employee classifications stand up to IRS scrutiny. It explains the difference between an employee and an independent contractor, how to determine the status of current workers, and what to do if violations have been committed.
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Are you covered? — Internal controls fight technology-related fraud
Fall 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 559
Abstract: The ability to accept and make online payments and maintain databases with detailed profiles of constituents offers obvious benefits to nonprofits under constant time and money pressures. But it may also be subject to fraud attempts that can dodge traditional internal controls. This article discusses measures that are available to combat these risks. In particular, it shows how to prevent fraud when making or accepting online payments and explains how to protect cardholders’ privacy.
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The value of donated property is in the eye of the marketplace
Fall 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 1050
Abstract: Nonprofits often struggle with valuing noncash and in-kind donations, including the value of houses or other buildings. Although the amount that a donor can deduct generally is based on the donation’s fair market value (FMV), there’s no single formula for calculating FMV for every type of gift. This article discusses the basics of FMV, along with three FMV factors the IRS regards as particularly relevant. A sidebar explains when donors need to seek an appraisal.
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Newsbits
Summer 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 481
Abstract: In this issue, “Newsbits” takes a look at “Exempt Organizations Select Check,” an IRS searchable database that lets users check certain information about not-for-profits’ federal tax status and filings. It also discusses a New York charity’s interactive virtual food drive fundraising tool and notes a new political focus for Independent Sector, a coalition of nonprofits, foundations and corporate giving programs.
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Make your mark by benchmarking
Summer 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 660
Abstract: The word “benchmark” may strike some as organizational lingo, but the practice of benchmarking often proves valuable for nonprofits. Nonprofits that incorporate financial benchmarks into their operations are better at anticipating negative financial trends and may even see revenues climb, expenses drop and efficiencies improve. This article explains the specific benefits of benchmarking and discusses metrics that many nonprofits can use in the process.
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A window to your world — Making sure your board echoes your community’s diversity
Summer 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 906
Abstract: Board members are a nonprofit’s ambassadors to the constituencies it serves. But a lack of diversity — whether physical, societal or economic — can signal an underlying problem: a disconnect from the community. A nonprofit can improve its funding and program effectiveness when it reflects the population it serves, as well as the community (or communities) in which it operates. This article offers suggestions for improving diversity, while a sidebar shows there are ways to mix it up beyond just the board of directors.
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Disclosure of uncertain tax positions: Are you in compliance?
Summer 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 735
Abstract: A not-for-profit, tax-exempt organization might think that the subject of “uncertain tax positions” (UTPs) doesn’t apply to it. But some of the basics of its operations, including its tax-exempt status, could create uncertain tax positions that trigger critical reporting obligations. This article shows how to engage in a two-step process to determine whether one’s organization has UTPs, particularly if it engages in unrelated business activities. It also discusses activities that can threaten a nonprofit’s tax-exempt status.
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Newsbits
Spring 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 479
Abstract: This issue’s “Newsbits” describes how such nonprofits as the Salvation Army have begun shifting to digital donations; a new 501(c)(4) called CForward that was recently formed to champion the economic role of nonprofits and to educate and support candidates for political office; and the Celebrity Foundation Directory, featuring detailed descriptions of more than 1,700 foundations started by VIPs in the fields of business, entertainment, politics and sports.
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Safety net essentials — Now more than ever, you need operating reserves
Spring 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 651
Abstract: One study of charities found that 57% of the organizations surveyed had insufficient operating reserves to cover three months of expenses — the minimum level many experts consider necessary to maintain financial stability. Forgoing reserves leaves nonprofits vulnerable to rapid or unexpected drops in revenue or jumps in expenses. This article explains why it’s necessary to have sufficient operating reserves, and offers questions a nonprofit should ask itself when trying to determine what is sufficient.
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When contributors receive something in return
Spring 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 839
Abstract: “Quid pro quo” describes an arrangement in which a contributor gives money in exchange for something else. Whether it’s a supporter buying a ticket for a charity ball or an attendee at a charity auction successfully bidding on a hotel stay, such situations create an obligation for a nonprofit. This article describes the rules that determine whether a contribution is quid pro quo; how to value goods, services and auctioned items; and instances when quid pro quo reporting isn’t necessary.
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Excessive compensation — Can you satisfy the rebuttable presumption?
Spring 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 836
Abstract: Exempt organizations across the country should be sensitive to the issue of excessive executive compensation. The IRS can impose excise taxes on the executive, and the organization will suffer reputational damage. Fortunately, a nonprofit can limit the potential liability of its members by taking advantage of a three-step procedure known as the rebuttable presumption. This article explains the three requirements for compensation arrangements to have a rebuttable presumption of reasonableness. A sidebar lists some of the issues that can create a conflict of interest for someone approving a compensation arrangement.
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Newsbits
Winter 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 480
Abstract: This issue’s “Newsbits” looks at tax treatment of cell phones a nonprofit provides to its employees; how to find out who the biggest corporate givers are; and a new form that the IRS has published that not-for-profits should use to request determinations — other than initial exemption applications — about their tax-exempt status.
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Nonprofits without borders — Generating revenue from foreign sources
Winter 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 748
Abstract: As the U.S. economy continues its rocky course, more and more organizations are thinking creatively and reaching beyond traditional geographic borders to pump up donations, membership, product sales and conference attendance — the activities that often drive revenue. While these initiatives can certainly pay off, it’s important to consider factors such as tax implications, payment issues and the necessity of building relationships with foreign donors.
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How to embrace accountability
Winter 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 599
Abstract: Nonprofits need to embrace accountability to protect the organization and its people, to demonstrate openness and forthrightness in external dealings and to support the greater good. Embracing accountability also helps not-for-profits fulfill their fiduciary responsibilities to donors, constituents and the public. But how can nonprofits truly embrace this abstract term? This article discusses accountability in terms of governance, financial statements, communications and the organization’s mission.
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It’s all political — or is it? What nonprofits can and can’t do in campaigns
Winter 2012
Newsletter: Profitable Solutions for Nonprofits
Price: $225.00, Subscriber Price: $157.50
Word count: 814
Abstract: With election season heating up, not-for-profits must take care not to stray into prohibited political activity that could jeopardize their tax-exempt status. The IRS has addressed the acceptability of several common activities. This article discusses the dividing lines separating partisan vs. nonpartisan activities in areas such as voter registration drives, candidate appearances and business activities. A sidebar shows how tax law distinguishes between politics involving candidates and lobbying involving legislation; certain involvement is permissible.