Welcome.
Welcome to the inaugural issue of Insights for Nonprofits.
Never has it been more important to communicate and share knowledge and insights in the nonprofit sector. GH&I has a diversified client base of nonprofits and a dedicated, knowledgeable team that has grown steadily for over 20 years. While the challenges of nonprofit clients today have changed since we first served them, it is the developed experience of our team that will help nonprofits succeed and overcome the challenges of this economic environment.
Today’s climate leads me to share this call to action – “Accentuate the positive.” I first heard that phrase back when I was in high school and a friend used it as her campaign slogan for the student body elections. At that relatively worry-free time, the task it directed was not difficult. Life held endless opportunities. Today, of course, the phrase requires more of us. In spite of the current economic challenges, there is opportunity. Nonprofit organizations are going through a self-examination process, seeking fresh insights for improvement and reinvention. Are we relevant? Is our mission clear? Are all of our costs aligned with our mission? Do we collaborate with others to maximize our impact? Organizations that capitalize on the answers and the opportunities within them – accentuating the positive – we believe, will be strengthened and positioned for growth.
Our Insights newsletter is one opportunity and tool, among several we initiated in 2009, to better communicate with and serve the nonprofit sector. We began in January with a seminar on Form 990, followed by sponsor and education roles with the Georgia Center for Nonprofits, Nonprofit Summit Conference, Community Health Charities of Georgia and Atlanta Woman Magazine’s Community Heroes event. The firm's volunteerism and board participation have grown this year. In August, our annual community service day found us at Camp Twin Lakes, where we cleaned cabins to help welcome the special guests they serve.
We hope you find new tools and knowledge through Insights. We look forward to your contact with us we “accentuate the positive.”
Atlanta Nonprofits Get Social
By Kim Zell, CPA, GH&I
If you’re like me, you have been hesitant to jump on the social media bandwagon. Or at least I was until I realized the power of networking; or, should I say virtually connecting with “contacts, friends and followers?” Read more…
Top 25 Ideas for Surviving a Weak Economy
The weak economy has resulted in a perfect storm for nonprofits. Sources of revenue have decreased, while demand for services has increased. Get 25 ideas for surviving the weak economy when creating your contingency plan for 2010. Read more…
Six Steps for Board Review of the New Form 990
This may be the first year that your entire board of directors will review the new Form 990. Simplify the process by following this six-step review with questions you should be asking along the way. Read more…
Recovery Act Money:
Opportunities & Responsibilities
Nonprofit organizations applying for and receiving Recovery Act funds will be subject to increased scrutiny from the Office of Management and Budget (OMB). Learn the steps to ensure compliance with grant requirements. Read more…
Tax Treatment of Sponsorship Payments Received by Exempt Organizations
The IRS provides guidance and safe harbor rules on what types of sponsorship payments are not subject to unrelated business income tax (UBIT). Read more… |
