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How to Minimize Risk Throughout Your Grant Cycle

sgEngage

To mitigate risk throughout your grant cycle, you need to know your grantees through relationships and documentation, support their internal controls, and set up a process for whistleblower complaints. Mitigate Risks by Knowing Your Grantees The more you know about your grantees, the better decisions you can make.

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Choosing an E-File Provider for Your Nonprofit Taxes

Achieve

Filing your taxes is one of the most important and most dreaded tasks for any nonprofit. After all, filing Form 990 correctly and on time is what helps your nonprofit keep its tax-exempt status — and helps you avoid paying unnecessary fees. . However, correctly filing your taxes is no simple task. Component filing.

Files 52
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Is Your Remote Team Getting the TLC They Deserve? An Audit Delivers Answers

.orgSource

Review Policies and Procedures If you’ve been playing catch up since the pandemic, give a review of remote policies and procedures priority on your to-do list. What are the requirements for calendar and file sharing? But do begin with clear documentation that is available to everyone. Are there safety considerations?

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Document Storage Report

VisionLink

VisionLink releases a new document storage report--and this makes for a great reminder about the Document Manager and Fax to File components. Can you or your agency partners make use of document management? Any electronic file can be uploaded and attached to a specific client records quickly and easier.

Report 100
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10 Considerations for Creating a Budgeting Process

sgEngage

In addition to reviewing and updating your nonprofit operating budget each year, your financial team should also regularly evaluate your process for creating that document. Review your strategic plan so everyone is familiar with the organization’s larger goals. That includes both the budget and the process for creating it.

Process 90
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Due Diligence Best Practices for Grantmakers

sgEngage

With grant-giving in the billions of dollars annually , grant disbursements warrant oversight and review. Ask for this document directly from the grantee to verify the organization is recognized by the IRS. Charitable organizations are required, with some exceptions, to file one of the following federal forms: Form 990, 990?EZ,

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990 Forms: Learn the Differences for Your Nonprofit

Achieve

Between the dozens of responsibilities that crop up within the course of running a nonprofit organization—from cultivating donors to event planning—filing tax returns probably isn’t at the top of your list of priorities. Tips to Keep in Mind for Filing Form 990. We’ll explore: . The Importance of Form 990 for Nonprofits. Form 990-N.