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Manage Your Not-for-Profit’s Risk in 10 Steps
Posted by Remonde Brangman on Fri, Nov 21, 2014 @ 09:24 AM

Not-for-profits are not known as risk takers. Unlike some commercial entities, not-for-profit organizations tend not to have pressure to take internal or strategic risks. Today’s world, however, holds its share of risks for not-for-profits. From unstable funding sources to regulatory pressure and stakeholder concerns, not-for-profits face numerous unique challenges.

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Topics: not-for-profit, risk, Remonde Brangman

Web Presence & Internet Concerns for Not-for-Profit Organizations: Liabilities
Posted by Amy O’Loughlin on Thu, Nov 20, 2014 @ 09:41 AM
(Editor’s note: This is the final article in a three-part series on internet concerns for not-for-profit organizations. To read parts one and two, please visit: Web Presence & Internet Concerns for Not-for-Profit Organizations: Hyperlinks and Web Presence & Internet Concerns for Not-for-Profit Organizations: Fundraising , respectively)

Most not-for-profits these days no doubt use the Internet to connect with their community and distribute valuable information and resources. The unlimited access to online content provides opportunities to educate the public about the importance of your not-for-profit’s mission.

Unfettered access and content, however, comes with potential liabilities of which not-for-profits should be aware. From copyright issues to privacy and the potential for defamation, many risks are associated with your organization’s website. A not-for-profit must monitor its online presence closely. IRS agents  might be looking for these liabilities and can easily “audit” your website by just browsing through it.

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Topics: not-for-profit, Amy O’Loughlin, internet concerns

Determine Your Organization’s Appropriate Level of Reserves in Five Steps
Posted by Joyce Masse Troy on Tue, Nov 18, 2014 @ 09:31 AM

Reserves for your not-for-profit can be a valuable resource when unexpected challenges arise. Not-for-profits can use their reserve funds to address these unexpected situations and remain financially stable. Additionally, reserves demonstrate to your community and donors that your organization can continue to fulfill its tax-exempt mission during periods these challenging periods.

Your organization’s reserves must come from a designated pool of unrestricted, liquid assets. Other than that, the Internal Revenue Service (IRS) does not have standard guidance about what an organization’s reserve level should be. The appropriate amount will vary from organization to organization because the reserve should reflect specifics about your level of risk, financial performance, corporate structure and business model.

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Topics: Joyce Masse Troy, not-for-profit, reserve funds

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