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Key Considerations When Establishing a Nonprofit Audit Committee

Under the California Nonprofit Integrity Act of 2004 (the Act), charities with gross revenues of $2 million or more must establish and maintain an audit committee. The $2 million threshold excludes grants received from governmental entities if the nonprofit is required to provide accounting on how the grant funds are used. Member Composition Considerations: The aud [...]

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Managing Government Funding: Key Strategies for Nonprofit Success

Navigating government contracts may feel like finding one’s way through a labyrinth — not only do recipients have to run an effective program, but they also need to ensure compliance with a myriad of reporting, billing and accounting requirements. In working with many government-funded nonprofits, GHJ’s Nonprofit Practice sees three key strategies that help ensure [...]

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The OMB Compliance Supplement Delay: Impact on Nonprofits

As many organizations wrap up their fiscal 2025 audits, they are left without clarity on the 2025 Office of Management and Budget (OMB) Compliance Supplement. This in-between period, in which the OMB Compliance Supplement has still not been officially released, continues to challenge leaders in the nonprofit and audit community. For organizations subjec [...]

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What Foundations and Philanthropists Should Know: Nonprofit Fundraising

For foundations and philanthropists, financial support of nonprofit organizations needs to be strategic, and understanding the dynamics of today’s fundraising environment is essential to making effective, impactful giving decisions. The nonprofit fundraising landscape presents both challenges and opportunities for organizations in soliciting gifts. Economic shifts in [...]

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GHJ Partner Discusses How Businesses Can Support Nonprofits

Corporate leaders have a call to action beyond their day-to-day business operations, and it is one that includes supporting their communities. In a recent Los Angeles Business Journal article, GHJ’s Nonprofit Tax Practice Leader Lizbeth Nevarez discusses how corporate leaders can support nonprofits beyond financial contributions. The article highlights that busin [...]

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Navigating the Post-pandemic World as a Nonprofit

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 [...]

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Social Media: How Nonprofits Can Better Engage Donors

By: Laurel Mintz, Founder & CEO, Elevate My Brand Social media is a necessary evil that is here to stay. There is no longer an argument that can be made especially for nonprofits that they can eschew this critical medium of communication with their staff, volunteers and donors. The million-dollar question then remains: how can nonprofits better engage their targe [...]

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GHJ Nonprofit Tax Leader Shares Insights with KNX

GHJ Nonprofit Tax Practice Leader Lizbeth Nevarez spoke to KNX News Reporter Nataly Tavidian about what nonprofits can do to strengthen their teams amidst a workforce shortage. In a recent survey from the National Council of Nonprofits, 80 percent of California nonprofits reported experiencing job vacancies. Lizbeth and Nataly highlight some strategies for attracti [...]

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Five Lessons for Nonprofit Leaders Preparing for AI

Over the past year, AI has become one of the most frequent topics of conversation among nonprofit leaders, with discussions quickly graduating from what AI is to how to use it effectively. A year ago, many organizations were focused on simply learning about the tool. The questions today are far more practical:How do we use it responsibly? Where should we start? What a [...]

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GHJ Leaders Discuss Nonprofit Boards in Diversity Professional

GHJ leaders Derrick Coleman and Donella Wilson were recently published in Diversity Professional sharing their perspectives on how nonprofits can create a more inclusive board. In this article they share seven tactics nonprofits should consider when assembling their board, as well as the roadblocks nonprofits often face in their effort to be more diverse. Derrick Col [...]

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