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How to Manage Payroll for Your Staff: A Nonprofit Guide

Top Nonprofits

Note that, while churches are considered nonprofits, they may follow different rules when it comes to FICA taxes. This way, you can access analytics and reports for deeper insights into how compensation factors into the rest of your nonprofit’s finances.

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5 Ways To Recession-Proof Your Nonprofit

NonProfit Hub

It’s well worth investing a bit more time and money in insurance and safeguards now rather than facing a scenario like that without them. For example, is your team prepared to deal with fire damage to your building or some other type of emergency? What about a natural disaster? A cyber-attack?

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5 Nonprofit Cash Management Statistics & Trends for 2024

Top Nonprofits

The answer lies in having enough FDIC coverage—protection and backing for your funds provided by the Federal Deposit Insurance Corporation. With a better understanding of the current state of nonprofit finance, you can make more informed decisions about how to manage your nonprofit’s funds effectively. Share This Post!

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1099 Best Practices for Your Nonprofit

The Charity CFO

You see, in most cases, many nonprofits don’t have the resources, capacity, or even the need to have full-time employees. It is expensive and untenable since you have to deal with costly taxes and contribute to social security, unemployment insurance, and other benefits. This is where form 1099 comes in.