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All About Nonprofit (11)

How to Protect Your Nonprofit With a Conflict of Interest Policy

A conflict of interest policy is important for any business, but has greater significance for nonprofit organizations. A good conflict of interest policy helps a nonprofit organization protect its reputation AND its tax-exempt status.
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Volunteering Together Makes Us Better Together

Just as sweet potatoes and pumpkin pie might be staples on your Thanksgiving table, community service days are staples for Gross Mendelsohn every autumn. Individually, our staff members volunteer year-round for organizations they believe in (you’ll see a...
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How to Improve Nonprofit Board Governance

When the IRS revised Form 990 to include several questions regarding governance policies and board members’ roles in performing fiduciary activities, board governance became a hot topic.
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Responsibilities of a Nonprofit Audit Committee

Do you know what you’re signing up for if someone asks you to be on the audit committee of a nonprofit organization?
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How to Make Your Private School’s Next Audit Stress-Free

We recently polled private school heads and financial staff to find out whether their last audit was “stress-free.” Not surprisingly, nearly half of respondents answered “no.” While it’s easy to look at your school’s annual audit as a necessary evil, not...
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Are Your Payroll Taxes Actually Getting Paid?

Business owners and financial executives now have one more thing to keep track of – making sure payroll taxes are actually getting paid to tax authorities. With so many businesses relying on outside parties to process paychecks and pay employment taxes,...
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