Articles

Articles

Mergers: Why they work and why they don’t

Mergers: Why they work and why they don’t

Mergers in the nonprofit sector can bring up conflicting opinions. A merger can be a promise of wild success or of complete failure, and it’s not always obvious which way it’s going to go. But, if planned carefully, you can avoid the pitfalls of mergers and take advantage of the many positives of collaboration across the nonprofit sector.

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10 tips for negotiating a commercial real estate lease

10 tips for negotiating a commercial real estate lease

Depending on the nature of your programming, most nonprofits need a space to rent at one point or another. Or maybe your organization has a space and needs to sublease. Or maybe you are considering renting space from another organization. In any case, most organizations that grow past a certain size need some kind of commercial real estate lease. I can help with these things, but to get you started down the path, here are some tips when considering commercial leasing…

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When your nonprofit is ready for corporate sponsorship

When your nonprofit is ready for corporate sponsorship

Corporate giving is a great source for fundraising. But what is corporate sponsorship?

Corporate sponsorship support is when a business gives financial support to a nonprofit to further the its mission. The nonprofit generally acknowledges that the business has supported its activities, programs, or special event.

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The 15 Most Common Nonprofit Bylaw Pitfalls: How to Avoid the Traps

The 15 Most Common Nonprofit Bylaw Pitfalls: How to Avoid the Traps

The bylaws are super important to your nonprofit. They form the backbone of  a nonprofit’s governance. Without updated, relevant bylaws, directors are often at a loss for how to handle issues that may arise. When there’s a membership dispute, a concern about a director’s behavior, or a voting issue, the bylaws instruct the directors how to proceed. Are your nonprofit’s bylaws ready to handle an unexpected emergency?

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Nonprofits – internal, external and government audits

Nonprofits – internal, external and government audits

All nonprofits, no matter how small, should be conducting a basic internal review. And most nonprofits are subject to some type of external review at some point in time. Whether that is the external auditor you hire to come inspect the books or an unexpected state Department of Revenue or IRS audit. How you plan for audit response is critical to coming through a stressful time in good shape.

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