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ABCs of Ensuring Full PPP Loan Forgiveness for Your Nonprofit

Nonprofits and organizations are starting to bounce back after the lost year that was 2020 and at this point in 2021 should be wrapping up their reporting for the Paycheck Protection Program (“PPP”). Many organizations chose to participate in this loan program to offset eligible payroll costs during the pandemic. The program is still open…

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Breakfast with Benefits May 2021: Nick’s Nonprofit Notions

As the head of Numbers 4 Nonprofits I faced the challenge of managing our company and people through the pandemic.  With that experience and my 20 years of being a CPA and business owner, I thought I’d share some reflections so that others can learn from our experiences as well as hear my opinions on…

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Keeping Your “Bookkeeper” and Outsourcing Your Business Controls

Small to mid-sized businesses and nonprofits tend to default to having one person control all of the business’s accounting functions, known fondly as “the bookkeeper.” Oftentimes this bookkeeper ends up being the company’s owner or nonprofit organization’s executive director. Aside from the capacity challenges of a high-level employee managing the books when they should be…

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Six Nonprofit Resolutions for the New Year

2020 certainly didn’t make for a stellar year for many nonprofit organizations. Will your organization keep the same resolutions for 2021 or consider new ideas to push for better sustainability after a trying year? As we all move forward, here are six  resolutions you can easily implement for your nonprofit.

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Three Accounting Best Practices for Nonprofits

Nonprofits don’t always consider the importance of proper accounting practices. What happens if your nonprofit makes money at the end of the year? Do you know if an employee or board member has a conflict of interest?  Having solid accounting practices not only helps the overall success of your organization, but they are necessary for…

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Three Social Media Mistakes that Cost Nonprofits

A few years ago, a Georgetown University study found 55% of people who engage with nonprofits on social media pages will take some sort of action. To make sure your audience connects with you there are a few basic mistakes you will want to avoid.  Here’s how to avoid those issues and continue using Social…

Creating a Successful Nonprofit Business Plan

Nonprofits and charities are usually not created from business plans but from so many emotions: fear, love, anger, happiness, pain, and passion. Causes that are a person’s passion usually see the most success in terms of the work done for the community as well as raising funds to keep that work going, but a business…

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Nonprofit Accountants Navigating the Unknown After the Pandemic

Since March, 87% of nonprofit organizations have experienced disruptions to their operations, according to the Center for Nonprofits. We have seen it with many of our nonprofit clients and have worked diligently with them to manage their funding issues and apply for assistance as offered through the CARES Act. Even with this extra support through…