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Reply To: ERTC

Theo here again. Dan, the question of using the same wages for multiple funding or credit purposes is certainly an important part of this discussion.…

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Reply To: DAF Gifts: Budget/Financial Docs vs Fundraising Report Confusion

Theo here. Joseph, I can see why the board might be confused. They may simply be looking at two different views of the organization’s finances…

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Reply To: How do you capture obligations when a new grant award arrives?

Dan, your list of places where obligations can be hidden is quite helpful. My approach is fairly simple, but I find it reliable. When an…

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Reply To: Communicating with funders when funding is delayed

Kathryn’s stop-work order idea could certainly be useful in some situations, although it might be a little strong as a first step. I think a…

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Reply To: Administrative and Travel Expenses for office, outside the United States

Right, so moving from Form 990-N to Form 990-EZ can represent a significant change, and the appropriate approach will depend on your organization’s income and…

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Reply To: Article: 5 Questions to Ask When Setting Your Capital Campaign’s Goal

The feasibility study is the most important step. It provides the data needed to validate or adjust the initial campaign goal. Many organizations move forward…

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Reply To: Should we use a fiscal sponsor or go it alone?

This is a strategic decision. A fiscal sponsor can provide immediate infrastructure and access to tax-exempt operations, which can be a significant advantage when testing…

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Reply To: How are you handling the trickle-down effects of government dysfunction?

We are keeping a close eye on cash flow, to be honest. Tapping into a line of credit can be a common fallback, although it…

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Reply To: Annual Budget

Finding that figure can be a bit of a treasure hunt, can it not? The simplest approach is to check your previous year’s filed tax…

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Reply To: Dashboard Questions

For small organizations, a simple spreadsheet can work wonders as a dashboard. The key is to focus on the metrics that genuinely matter to the…

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