Nonprofits: How to report collaborative activities

By Lauren Kreutzinger, manager, VonLehman CPA & Advisory Firm A collaborative arrangement may be the simplest relationship between nonprofits for accounting purposes. These are typically contractual agreements in which two or more organizations are active participants in a joint activity. One example would be a private school that’s jointly operated by two religious organizations. Another […]

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Interns share value of internships

By Pamela Clark, director of student services and admissions and Abby Rolland, communications project manager, Lilly Family School of Philanthropy Who benefits from internships? In the nonprofit sector, internships provide crucial, practical experiences for students preparing for careers in the field. At the Lilly Family School of Philanthropy, both undergraduate and graduate students in philanthropic […]

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Insights from 2017–2018 CEO/ED Leadership Transitions

By Bryan Orander, president, Charitable Advisors Every two years, we do a quick analysis of the nonprofit leadership transitions Charitable Advisors has supported. Our takeaway two years ago was that an increasing number of new ED/CEOs were coming from outwardly facing roles like fundraising and advocacy in contrast to the longstanding “program expert” being the […]

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CEO succession planning is no longer just for retirement

By Bryan Orander, president, Charitable Advisors Earlier this year, I interviewed a 30-something arts organization’s CEO about leadership and staff development and the discussion turned to CEO turnover and succession planning. I explained that more than half of the leadership transitions that Charitable Advisors’ supports are for retiring nonprofit executives. The arts organization CEO surprised […]

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‘Blocker’ corporation: Avoiding UBIT for nonprofit ‘business’ activities

This article originally was published on Aug. 2, 2016.  By Zachary S. Kester, JD, LLM, CFRM and Kylie Schreiber, at Charitable Allies As charitable organizations seek to increase streams of revenue — to provide more services, support more staff or help ensure long-term sustainability — many dabble in sources of business revenue to supplement the financial bottom line. For […]

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Charitable Class: What is it and how can you ensure you are serving one?

By Zachary S. Kester, Executive Director and Robert Miller, Program Officer, Charitable Allies Still unclear and fretting over whether your charity serves a charitable class?   Do not worry, you are not alone in this concern. It is a common issue among nonprofit organizations and identifying a charitable class is paramount for those seeking to qualify […]

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Ways for your Board to use a salary survey

By Bryan Orander, president, Charitable Advisors Since 2010, Charitable Advisors has produced a bi-annual salary report for Central Indiana’s nonprofits to assist in determining competitive compensation and benefits for staff. Our methodology has relied on your support in providing raw data to provide our area’s actual compensation.  For that we are grateful. This Thursday (March […]

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Why your nonprofit should be using nonprofit accounting software

By Jim Simpson, CPA and director, Financial Technologies & Management   As the number of nonprofits has proliferated, accounting software is more tailored and can help manage these complexities.  But taking the time to select the right software for your nonprofit is critical. Before your purchase, start with a software evaluation and assessment to see […]

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New nonprofit job board launch next week

The Charitable Advisors team is excited about upgrading its Nonprofit Job Board. The change will take place early next week, and we want you to be prepared. The primary change in the new system is that both employers and job seekers will have on-line accounts to help make the job search and candidate review process […]

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Building trust with donors

by Andy Canada at Johnson Grossnickle Associates | One of the most important things an organization can do to guarantee long term success and support from donors is to instill and cultivate trust between the organization and its donors. Millennials in particular value trust with an organization, with 84% saying they will only donate to […]

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