posts tagged as 501(C)(3) organizations

It might be difficult to believe, but we’re halfway through 2022. Nonprofits have spent the last six months operating amid dwindling federal relief, inspiring donors to contribute to their cause in the face of record-breaking inflation... read more

During BDO’s event, “Top Challenges Facing Nonprofit Organizations Today,” Matthew Becker, a partner in BDO’s Nonprofit practice and Cathryn McAleavey, BDO FMA Managing Director, joined Citi, ADP and The Giving Block and 40 nonprofit... read more

Many nonprofit organizations struggle financially because much of their funding comes from project grants that limit coverage of overhead or indirect costs, which include costs of essential tasks like planning, accounting, IT, facilities... read more

In the face of the “Great Resignation” and rising inflation, organizations are taking a second look at the size of their salary increase budgets. For the last decade, budgets for merit increases have hovered around 3%. Now, salary... read more

When COVID-19 was declared a pandemic, it marked the beginning of a tumultuous time in which uncertainty and confusion reigned. However, one bright spot did appear – people were inspired to give back to the world around them, and many... read more

Nonprofits that make the right investments in technology can further their mission in an increasingly digitalized world, and the industry knows this: 60% of nonprofit organizations accelerated investments in technology in 2021. read more

Hard-hit small businesses received more than $16 billion in much-needed COVID-19 relief through the Small Business Administration’s (SBA) Shuttered Venue Operators Grant (SVOG) program. Many organizations that received this funding may... read more

Nonprofit organizations have been navigating change in almost every aspect of their operations over the past two years, including shifting priorities, a new employment landscape, and changes in fundraising and hosting programs and events. read more

2021 was undoubtedly a challenging year. Between drops in funding, canceled events and programs, the onset of the “Great Resignation” and other hurdles, nonprofit organizations had to reimagine operations and prioritize financial health... read more

Strong financial infrastructure is key for any nonprofit, and knowing when to change financial technology systems can be a challenging decision for organizations large and small. Leaders must look at financial infrastructure in terms of... read more