Financial Management

Icon
Image
  • Demystifying the 990-PF outlines the anatomy of the 990PF document and has a glossary of terms. The 990-PF is the information return U.S. private foundations file with the Internal Revenue Service. This public document provides fiscal data for the foundation, names of trustees and officers, application information, and a complete grants list. The 990-PF may be the only source where one will find complete grants lists for smaller and mid-sized foundations. (Foundation Center)

  • Nonprofit Strategic Technology Planning Guide offers a step-by-step approach to designing a long-term technology plan for your nonprofit. It identifies specific meetings you would need to have with your technology steering committee and other stakeholders in each phase, deliverables to achieve at each step of the strategic planning process, and tools for needs such as calculating Total Cost of Ownership.

  • Leading a Nonprofit Organization: Tips and Tools for Executive Directors and Team Leaders succinctly covers leadership styles, implementing strategic plans, and increasing employee retention. It also provides a New Executive Director Checklist, tools for team and trust building, and strategies for project management.

  • Sample of a grid to be used for mapping out the details of implementing a series of fundraising strategies, i.e. your organization's goals for each strategy, when it will occur, who is the lead staff, and what role the board will play.

     

  • Sample of a one year comprehensive fundraising and development plan. Inlcudes setting goals for different types of revenue streams--e.g. foundation grants, annual individual giving, special events, merchandise sales, property rentals--to be raised by a Development Committee and other staff/board.

     

  • Jeanne Tedrow, President and CEO, of North Carolina Center for Nonprofits.

    Imagine a customer walking into a pizza shop to order a pizza, then only wanting to pay for the ingredients – flour, sauce, toppings, cheese. (See Pizza and a Laugh ‒ A Reminder about Your Nonprofit Financial Stress Level, Nonprofit Quarterly, December 18, 2018.)

  • "A broad economic crisis can magnify a nonprofit's pre-existing financial difficulties. Getting through such crises requires communication, transparency, and planning." (Nonprofit Finance Fund)  NFF recommends these tips for sound financial planning.  

  • An organization may be required to pay a tax on it's unrelated business income. This IRS article  on Unrelated Business Income Tax provides more information on the tax and contains a link to instructions on filling out Form 990-T. (IRS)

  • Explore the most environmentally friendly options for disposing of used computers- is it donation or recycling?  This guide will walk you through the top ten tips.  (TechSoup Global)

  • The Tax Guide for Churches & Religious Organizations serves as a reference for the federal tax laws as they apply to churches and religious organizations and any income sources that may be subject to taxation. (IRS, 2015)

Subscribe to Financial Management