posts tagged as Finance

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

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

2020 was quite the year. While we started off with record highs in the stock market, by mid-March, we saw the fastest 30% decline in the S&P 500 in the history of the index. Since then, we have continued to see many ups and downs, but we... read more

The pandemic has inspired many nonprofits to reflect on what’s working well for their organizations and what could be working better. Discover important considerations nonprofits should keep in mind when it comes to reevaluating how they... read more

On September 21, the Government Accountability Office (GAO) released its third report regarding its oversight of the federal government's COVID-19 pandemic response. Discover what nonprofits should keep in mind when it comes to how the... read more