Nonprofit data-gathering and analysis are crucial for informed decision-making, but many organizations struggle with this aspect of fundraising. 95% of nonprofit professionals say that their organizations gather data, but only 6% are confident that they use this data...
Contribution Accounting for Recognizing Nonprofit Revenue
Nonprofit organizations often receive financial support from donors, foundations, government agencies, and other entities in the form of contributions and grants. Accounting for these transactions can be challenging, as they may involve complex terms and conditions that affect the timing and amount of revenue recognition.
Empowering Workers: Department of Labor’s New Overtime Rule Benefits 4.3 Million Americans
The U.S. Department of Labor has made a significant move with its latest final rule, which revamps regulations concerning overtime pay eligibility. This change is poised to impact the lives of millions of American workers, addressing long-standing concerns and modernizing labor standards. Let’s delve into why this development is crucial and how it will affect both employees and employers.
Beyond the Donation: Nonprofit Accounting and Board Governance Explained, an interview with Ken Cerini
Tips to Prevent Wire and ACH Frauds
Utility Bill Auditing
Guest Article: Securing Tomorrow’s Future: The Importance of Intelligence Powered Cybersecurity in K-12 Schools
Artificial Intelligence Acceptable Use Policy
GASB Statement 101 – Compensated Absences
Guest Article: Workers’ Compensation Premium Reduction
9 Strategies to Retain Top Talent in the Construction Industry
Guest Article: How to Implement Your Business’s New CSR Program: 5 Steps
Nov 22, 2023
The results are in: effective corporate leadership is more essential than ever before. Recent trends point to an increased need for businesses to focus on their employees’ mental health and well-being, provide upskilling opportunities, and offer flexible work...
Cerini Connection: Pay Transparency & Retaining Employees
Nov 14, 2023
November 2023 Cerini Connection Topic: Pay Transparency & Retaining Employees Join Ken Cerini and guests Susan Kreeger and Jill Krumholz from RealHR Solutions for our monthly webinar series helping businesses and nonprofits! The conversation delved into several...
IRS Releases Tax Brackets and Other Key Limits for 2024
Nov 13, 2023
On November 9, 2023 the IRS released the 2024 tax brackets, standard deduction and retirement account limits. As a result of the high inflation seen in 2023, brackets will increase by about 5.4% with similar increases seen in other limits.2024 Standard Deduction The...
Guest Article: Navigating Success: The Crucial Role of Bus Tracking Software in Private Schools
Nov 7, 2023
In today’s fast-paced world, ensuring the safety and well-being of students is a top priority for private schools. Beyond providing a quality education, these institutions are responsible for safeguarding their students during their daily commute. This is where bus...
Private School Best Practices
Nov 7, 2023
It is getting increasingly more difficult to run a school. Hell, it’s getting increasingly more difficult to run any business. Too often the management team finds themselves in crisis mode, focusing on putting out fires instead of strategically thinking about how to...
Retooling Leadership in Private Schools
Nov 7, 2023
The workplace landscape is continually evolving, and with each new generation that enters the workforce, leadership styles and strategies must adapt to meet its unique needs and expectations. Private Schools, known for their commitment to academic excellence and...
NYSLRS Enhanced Reporting – Gold Certification
Nov 2, 2023
Reminder: The New York State & Local Retirement System is requiring that all employers must switch to enhanced reporting by the end of 2023. There are many benefits of enhanced reporting.For employers: Maximize efficiency and improve service to employees...
Guest Article: Nonprofit Organization that Supports Schools: MusicBreeds: Rhythm Reach!
Nov 2, 2023
Using music as the driver, this local nonprofit organization empowers young people to build successful careers with a program centered on leadership, finance, entrepreneurship, and employment training. MusicBreeds services middle school and high school students through their music focused after-school program, summer camp, and online learning center.