Navigating Strategic Risk in Nonprofit Organizations
Three major areas where strategic risk commonly arise for nonprofits are the inability to adapt to external shifts, the misalignment of programs with the organization’s mission, and a lack of innovation. Here’s a closer look at each, along with strategies to help nonprofits thrive despite these challenges.
The IRS Is Lowering Interest Rates: Now What?
In mid November, the IRS announced that interest rates will decrease by a percentage point for the calendar quarter beginning January 1, 2025. Learn more about what that means for individuals and corporations.
Webinar Recording | Virginia Enterprise Zones: Your Guide to Getting in the Zone
Discover the benefits of being located within a Virginia Enterprise Zone. In this webinar recording, you will learn who is eligible, what grants are available, and how to apply.
Mitigating Legal Risks in Nonprofit Organizations: Key Areas to Address
Nonprofits are exposed to legal risks that could have substantial financial and reputational impacts. Recognizing and managing these risks is crucial to maintaining trust with funders, partners, and the communities served. Here’s a look at three common areas of legal risk for nonprofits and how they can be effectively mitigated.
Key Considerations for Choosing a New Auditor in 2025
What are the key qualities organizations should be looking for in an auditor today? As businesses navigate the challenges of 2025, the role of auditors has expanded. Auditors now play a crucial part in addressing areas like cybersecurity, risk management, and strategic planning, beyond traditional financial reporting and compliance.
2025 Limits for Retirement Plan Contributions
The IRS released Notice 2024-80 on November 1, 2024 announcing the new contribution and benefit limits for 2025.
