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Improving Performance and Other News

Apr 17th, 2009
by Alan.
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readingAfter a week of vacation and several days catching up on work from said vacation, I have a nice list of things nonprofit financial folks might want to look at.  I’d also like to welcome all the new readers that came to this website while I was gone.  I hope you find this space useful and please feel free to contact me if you have any questions.

For nonprofit employees and the organizations who employ them

Anybody looking for a finance person for your nonprofit?  Or are you the fiance person at your nonprofit and looking for some guidance? Bridgestar has a nice section on Chief Financial Officers and their roles in nonprofit organizations.  Worth a look, and you can also search for jobs there.

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More News for Nonprofits

Apr 3rd, 2009
by Alan.
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News StandOnce again I find myself playing catch up on all that I want to read about nonprofit management and once again I list some of the more interesting items.

Human Resources

Because nonprofit fiance and accounting topics are not enough for me, here are some tidbits on HR issues you should know about.

  • There is a new I-9 form.  After April 3rd you must get your new employees to fill this version out.
  • Nonprofit employees are paid too much.  At least some people think they are.  In case you missed it, here is a piece from the Wall Street Journal about nonprofit compensation.

Managing in Tough Times

  • Looking for low cost ways to reward employees?  Maybe if you do the opposite of everything in this post you will make someone feel a bit better.
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More Questions

Feb 10th, 2009
by Alan.
5 comments

Questions?Here are some answers to question I received at a recent training.  Many of the questions in this batch came from folks involved with religious organizations, synagogues and churches.

Why are religious organization tax exempt?

The best answer I have is the First Amendment of the Constitution of the United States which states, “Congress shall make no law respecting an establishment of religion, nor prohibiting the free exercise thereof.” Taxing a religious organization might interfere with the free exercise of religion.  For the IRS take on churches and religious organization exemptions please read this.

Is  a board member protected from legal action if it relies on outside advice?

If the board member is not paid and is acting in good faith they are most likely protected if they are involved in making what turn out to be bad decisions, even decisions that result in harm to the nonprofit.  More protection may be had in the organization Directors and Officers Liability insurance policies.  A great source of info on this topic is here, and for an organization that specializes in nonprofit insurances click here.

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2009 Mileage Rates

Dec 3rd, 2008
by Alan.
2 comments

The IRS has released its 2009 mileage rates. Here is a quote from their news release:

The Internal Revenue Service today issued the 2009 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2009, the standard mileage rates for the use of a car (also vans, pickups, or panel trucks) will be:

  • 55 cents per mile for business miles driven
  • 24 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

For the full release click here. To learn more about the efforts to raise the reimbursement rate for miles driven in service of nonprofit organizations click here.

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