Internal Controls to Help Deter Fraud is a video in the Nonprofit Accounting Basics educational webinar series, where CPA Shawn Miller (Calibre CPA Group) discusses the relationship between weak financial oversight and fraud, as well as deterrence and detection through strong internal controls. (
Fiscal Sponsorship: An Overview is a video in the Nonprofit Accounting Basics educational webinar series, where D.C. attorney Benjamin Takis discusses nonprofit fiscal sponsorship arrangements, including best practices (e.g. the "Model C" or Pre-Approved Grant Relationship) and pitfalls to avoid (e.g. earmarking). (Nonprofit Accounting Basics, 2016-2020)
New Attitudes, Old Practices: The Provision of Multiyear General Operating Support makes the case that "multiyear general operating support (GOS) provides nonprofits with the flexibility to use funds to fulfill their missions and the ability to plan for the long-term sustainability of their organizations, programs, and services" and should become a standard grantmaking practice.
Get an overview of the latest federal COVID-19 relief plans – including the American Rescue Plan Act – the state budget and major legislation affecting nonprofits, and potential policy solutions that could help nonprofits during the 2021 NC legislative session.
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Presenters Michele Pratt and Christine Hall from CLA to share updates on Paycheck Protection Program (PPP) loan forgiveness, including discussing the application, reviewing the information required to accompany the application, and how the amount is calculated. Time is planned for Q&A.
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Nonprofit gift acceptance policies set forth the what, who, when, how, and where for receiving different types of gifts. Creating and maintaining gift acceptance policies is not only good governance but also allows your organization to think through and outline the advantages and disadvantages of different donor scenarios.
“Internal controls” are financial management practices that serve as a "checks and balances" to avoid the misuse and misappropriation of assets. National Council of Nonprofit's Internal Controls for Nonprofits provides:
With program demands and financial stresses on nonprofits likely to increase in 2021, how can public and private partnerships work better together to support fragile nonprofit operations and disrupted service delivery systems caused by COVID-19? How can they complement and leverage each other’s resources to strengthen nonprofits’ capacity to continue to deliver vital services? This workshop will explore the opportunities and challenges of these partnerships to support the nonprofit sector in the new world order.
These days, many organizations are asking themselves: Could we have been better prepared? While organizations use strategic planning to prepare for opportunities and challenges and to chart a course forward, nonprofits have spent 2020 adapting and evolving, and are taking a new look at future strategic planning needs.
This program is designed to strengthen the financial resilience of nonprofit organizations in North Carolina. Intended for both funders and nonprofit leaders, the program will begin with an introduction to the concept of “full cost” funding and budgeting as strategies to support nonprofit financial health. Full cost goes beyond programmatic budgeting to include things like having working capital to pay bills on time and having reserves to manage risks or opportunities.