Nonprofits are allowed to lobby, but the type of nonprofit determines the level of lobbying allowed. Some nonprofits can engage in political activity, but not all are allowed that flexibility
The abrupt shift to virtual operations during the COVID-19 pandemic exposed the vulnerabilities of some nonprofit organizations and resulted in a painful ‘lesson learned’ for others.
It is a prudent financial practice to prepare and operate from a budget. The budget is the annual financial plan for carrying out the strategic plan and mission of the organization.
In a previous article, we described the importance of including multiple internal stakeholders when selecting and implementing an Association Management System (AMS).
Ensuring that the appropriate individuals are reviewing key contracts is essential to identifying, quantifying, and, if necessary, reporting financial liabilities in a timely manner.
