If this is an emergency, call 911

This week Stacey and Andy discuss whether a board members need organizational email addresses and we talk about what to do when your board treasurer resigns. Finally, Stacey asks guest expert Jessica Sayles from Houldsworth Russo how to value a sponsor’s banner at an event (as well as several other accounting questions that have been disturbing her sleep!)

Topics:
  • Should our Board Members have organizational email addresses? [skipto time="0:00"]
  • How do we value a sponsor’s banner at an event? With Jessica Sayles from Houldsworth Russo – [skipto time="7:12"]
  • Help! Our treasurer resigned! – [skipto time="25:10"]
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Let’s Call Everybody “Volunteer”

What happens when you just need $75,000 more? Stacey knows. Returning genius and HR expert Mary Beth Hartleb tells us whether there’s such a thing as a verbal resignation, and we answer the age-old question, “Do we need an Executive Director or a CEO?”

Topics:
  • Help! We’re $25,000 short! – 0:00
  • Is there such a thing as a “verbal resignation?” With Mary Beth Hartleb from Prism GMG – 8:18
  • Should our top executive be an Executive Director or CEO? – 26:03
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Look out! A bus!

Does a transaction fee count as a donation? How do you plan for your own succession? Do we start a bidding war with event sponsors? Can a donor specify a specific recipient? How do we maximize a happy hour event? Stacey and Andy answer all these questions and more!

Topics:
  • Does a transaction fee count as a donation? – 0:00
  • How do you plan for your own succession? – 3:21
  • Which event sponsor should we choose? – 12:25
  • Can a donor specify the recipient? What if the donation is a car? – 18:11
  • How do we maximize a happy hour event? – 23:54
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Put a Label Over It

This week is jam packed! How do you find companies who match their employee’s gifts? Andy shares a secret! We get advice on how to respond to another organization that really loved your event and wants to copy it, whether or not you should change your nonprofit’s name, and whether or not you can invest your reserve fund. Also, Stacey has tips on what to do if you keep losing new board members, and we find out who exactly can approve a financial report.

Topics:
  • Who matches gifts?
  • Someone wants to copy our event!
  • Should we change our name?
  • Can we invest our reserve fund?
  • We keep losing new board members!
  • Who can approve the financial report?
  • Episode Sponsor:

    Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Aloha!

This week we get an update on Nevada’s Big Give, and Andy and Stacey share one thing they wish they knew before entering the nonprofit sector. We find out what to do if your board asks to see staff performance reviews, and whether or not it’s a good idea to outsource your organization’s finance function.

Topics:
  • What’s up with Nevada’s Big Give? – 0:00
  • One thing you wish you knew before working for a nonprofit – 3:36
  • What if the board wants to see performance reviews? – 11:43
  • Should we outsource our finance function? – 19:07
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

ANN Membership is $75 off

Seriously, join ANN right now while it’s half off. This week Stacey and Andy answer three Nonprofit 101 questions. We find out whether or not nonprofits can actually make a profit, Stacey shares the best way for a new nonprofit to start fundraising, and Andy completely misses the point and gets all the way into the weeds with an accounting question. Also, join ANN now!

Topics:
  • Can a nonprofit make a profit? – 0:00
  • What does everybody else need to know about accounting and finance? – 6:00
  • How should a small nonprofit raise money? – 22:50
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Not My Fault!

One of our vehicles got stolen – how do we tell our donors? Stacey has an idea. This week we tackle the classic question “Do pledges count against our fundraising budget?” Stacey and Andy have differing views on the importance of dressing for a job interview (btw, Andy’s probably wrong), and we offer the 2019 version of silent auction dos and don’ts!

Topics:
  • Crafting messaging around a stolen vehicle – 0:00
  • Counting pledges against the budget – 8:33
  • Silent auction tips, 2019 version – 18:39
  • Job interview attire – 24:48
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Special – Breaking Down Silos

A special episode on Silo Breaking! How do you break down silos within an organization? And how do you break down silos between organizations with similar or complementary missions? Stacy and Andy have solutions, including org charts, networking, and that annoying co-worker who wants to show you pictures of his kids.

Topics:
  • Breaking down silos
Episode Sponsor:

Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.

Dog and Pony Show

This week we find out if staff should be invited to board meetings, and how to prepare if a funder wants to see your facilities. Stacey has some thoughts about a board member who wants to be a loaned executive (with no supervision), and we hear about Nevada’s new raffle and charitable gaming law from attorney Katie Hoffman from Fennemore Craig.

Topics:
  • Should staff be invited to board meetings?
  • New Nevada rules for raffles and charitable gaming (with Guest Expert Katie Hoffman of Fennemore Craig)
  • A board member as a loaned executive
  • When a funder wants to see the facility
  • Episode Sponsor:

    Today’s episode is sponsored by Brenda J. Stout, CPA, a full-service accounting firm specializing in Nonprofit Tax Compliance and IRS Problem Resolution.