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501(c)Files | Nonprofit News

Archive for the ‘Business affairs’ Category

April 13th, 2008

Maintaining Balance: Accounting Solver to the Rescue

Whether you’re a multinational nonprofit with initiatives spanning the globe or a cozy community organization making a difference in your town, you have to keep the books. As always, b5’s Business Channel has a resource for you: Accounting Solver. Blogger Ren Garcia keeps an eye on cash flow issues and accounting trends and applies the […]

By Tom Durso -- 0 comments

April 8th, 2008

I’ll Gladly Pay You Tuesday for Help With My Heating Bill Today

The avalanche of bad economic news that has buried Americans in recent months has also been taking nonprofits along its dangerous rumble down the mountain. The same forces that are laying waste to your 401(k), making it tough for you to sell you house, and causing you to grimace at the gas pump and in […]

By Tom Durso -- 0 comments

April 4th, 2008

And Maybe the Homeless Could Just Wrap Themselves in Extra Newspapers

As if dealing with a wobbly economy weren’t bad enough, nonprofits are having to figure out a way to pay for rising energy costs.

Most have been able to absorb the increase, but the bigger concern is whether energy costs will continue to rise sharply in the future. …
Theatre Harrisburg’s natural gas costs also have crept […]

By Tom Durso -- 0 comments

March 27th, 2008

The Nonprofit Sector Girds for … the R-Word

The current economic situation is sufficiently dire that when the Association of Fundraising Professionals meets in San Diego for its annual conference early next week, it will devote a session to what the industry can expect if and when the downturn continues. The Chronicle of Philanthropy will carry the Q-and-A by AFP president Paulette V. […]

By Tom Durso -- 1 comment

March 15th, 2008

501(c) Ain’t Just a Pretty Phrase

Mid-March doesn’t just mean trouble for Julius Caeser and countless work hours lost to NCAA brackets. It’s time to get serious about your 2007 tax return, and that means you, too, nonprofit CFOs. Fortunately, the b5 media Business Channel has you covered. Channel editor and tax attorney Kelly Phillips Erb is the author of the […]

By Tom Durso -- 0 comments

March 11th, 2008

Missing the Mission | In Which Major League Baseball Continues to Try Alienating Every Last Fan

I can’t say I was surprised to hear that the Cape Cod Baseball League, a collection of 10 teams of amateur players who compete throughout the charming Cape towns throughout the summer, was a nonprofit. Everything about the league screams throwback. The games are played at high schools, the players, from colleges across the country, […]

By Tom Durso -- 2 comments

March 9th, 2008

Notes, Follow-Ups, and Reminders | Overhead, Taxes, Nonprofit Hospitals, Retaining Talent, Interest Rates, RSS

Wake up, America: Running an effective nonprofit takes more scratch than you think.
Size does matter: Even the most wee nonprofits now have to check in with the IRS.
Nonprofit hospitals get a reason — albeit a small one — to breathe a little bit easier.
Even more on the talent-retention challenge/crisis/fill in your favorite synonym here.
A novel proposal […]

By Tom Durso -- 0 comments

March 6th, 2008

Mining the Mission | Because Happy Employees are Mission-Oriented Employees

Rosetta Thurman writes engagingly and passionately about her life as a nonprofit fundraiser and finance pro at the blog Perspectives From the Pipeline. Her recent post about low nonprofit salaries generated such intense reader response that Ms. Thurman decided earlier today to offer some suggestions on how to negotiate a higher pay. The tips range from researching salaries for comparable […]

By Tom Durso -- 0 comments

March 5th, 2008

A Great Resource for Home-Based Nonprofiteers

How many nonprofits, I wonder, start at someone’s kitchen table, with a couple of committed people hatching an idea, scratching out endless pages of notes on a legal pad, and setting up the PC in the corner of the third bedroom as the home base of a new advocacy and fundraising organization? Lots, I’m guessing. […]

By Tom Durso -- 2 comments

February 28th, 2008

Pity the Poor Nonprofit, a Damsel in Distress if E’er There Was One

Calling it “A Capitalist Jolt for Charity,” the New York Times breathlessly told the story on the front page of its Sunday Business section of a pair of married philanthropists who took the nonprofit they were supporting and transformed it into a for-profit venture because, shock of shocks, what they were funding was costing them […]

By Tom Durso -- 6 comments