By: Blair Howard (Intern, GHJ) and Lauren Haverlock (Principal, GHJ) Managing executive compensation for the highest paid executives in any company can be difficult, but it becomes much more complex when discussing tax-exempt organizations. Not only must a nonprofit consider the effects of salary levels on the operating budget, the organization must strike a balance [...]
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There are several nonprofit organizations in the United States with missions aimed at assisting refugees. These nonprofits provide direct assistance, such as food and clothing, to individuals who are currently living in a foreign country, or help refugees that have recently arrived in the U.S. find housing and settle in the country. On February 2, 2017, President Don [...]
By: Laurel Mintz, Founder & CEO, Elevate My Brand As a nonprofit you wear many many hats. Some hats are organizational, some hats are fundraising. The one hat that is usually missing or terribly frayed is marketing. As discussed at GHJ' December 2nd nonprofit workshop, marketing is the #1 thing that nonprofits can do to increase their visibility and profitability [...]
Originally published in Philanthropy Journal News Many nonprofits serve diverse communities, and it makes sense for their staff to be a reflection of community they serve. However, in a study that interviewed over 200 nonprofit CEOs conducted by The Center for Effective Philanthropy, 70 percent of CEOs stated that it was important to have staff diversity, but just 36 [...]
Originally published in the Los Angeles Business Journal Staying on a mission — no matter what obstacles stand in the way — is challenging for any nonprofit. Add in a pandemic and things can often get even more complicated, especially for healthcare organizations. COVID-19 is now the leading cause of death in the U.S. according to an article in Live Science that d [...]
Nonprofit organizations across the nation are desperately in need of support during the current COVID-19 pandemic. A new universal above-the-line tax deduction may give charitable giving a much needed boost. Currently, only individuals who itemize their taxes can claim charitable deductions. Under the 2018 Tax Cuts and Jobs Act, the standard deduction was increased t [...]
In a time of crisis it may be tempting to consider establishing a new nonprofit organization to accept and disburse charitable donations. Resist the urge! In general, working with and supporting existing charitable organizations is a more effective use of disaster relief resources. Community funds like the United Way and Feeding America have existing targeted disas [...]
Originally published in Philanthropy News Digest While most nonprofits know they need to be forward thinking in order to create change, many are (understandably) focused on the day-to-day delivery of programs and services and don't know how to proceed. It's a challenge to strategize about future plans or consider taking on new activities and programs with broader i [...]
With the race to submit Paycheck Protection Program (PPP) loan applications before the funds run out, some important questions remain unanswered. Single Audit Applicability: Will the loan proceeds under the PPP program be subject to a Single Audit? For those unfamiliar with a Single Audit, it is an organization-wide financial and compliance audit of a non-federal en [...]
I recently helped host GHJ’ 2018 Nonprofit Conference: The Future of Nonprofit Innovation and Technology. As a board member of two nonprofit organizations, Hillsides and Executive Service Corps Los Angeles, the conference had very useful information that can be shared with my boards. Partnering with the Board The conference kicked off with our keynote speaker Jus [...]