Selling My Nonprofit

A listener asks if they need to convert their nonprofit to a foundation before selling it. Really. (This will be fun.) Also, what happens when board members hire their friends for paid contracts? We have opinions! And Stacy and Andy switch roles on encouraging a recalcitrant employee to fill out timesheets.

Topics:
  • Do I have to convert my 501(c)3 to a foundation before selling it? – 0:00
  • How do I deal with a board member hiring a friend? – 7:56
  • Is there a way to get an employee to fill out timesheets on time? – 18:42
Episode Sponsor:

Today’s episode is sponsored by Immunize Nevada. Arm yourself by getting your annual flu vaccine. It protects you, your family, and those working on the front lines. Do your part. Get your flu vaccine by Nevada Day. Visit nvflufighter.org for more information and to find free and low-cost clinics.

A Grantwriting Intern

It’s intern week at Nonprofit Everything! What happens if a student worker won’t send you an invoice? And better yet — what should you do if a board member wants their child to work for you as a grantwriter over the summer? Finally, what do you do when it turns out that your new Board Member was also an ED candidate>? We have thoughts!

Topics:
  • Student worker won’t send an invoice – 0:00
  • Summer job as a grantwriter – 7:04
  • Our new board member applied for my ED job! – 16:32
Episode Sponsor:

Today’s episode is sponsored by the Alliance for Nevada Nonprofits job board. Your one-stop shop for the next step in your career! Searching job listings is totally free, and ANN members receive a big discount when posting new jobs. There are dozens of nonprofit jobs available right here in Nevada (and out of state jobs, too!) Check it out at jobs.alliancefornevadanonprofits.com.

Young Employee Just Isn’t Respected

Should nonprofit staff see each others’ salaries? We have opinions! Also, Stacey and Andy give some conflicting advice about how to be respected as a younger employee. And Stacey has some great ideas about keeping great board members engaged after they term off the board.

Topics:
  • We’re budgeting, should we hide the salary section from staff? – 0:00
  • How to be respected as a young nonprofit employee – 10:01
  • How do you keep great board members active after they term off?- 20:05
Episode Sponsor:

Today’s episode is sponsored by the Alliance for Nevada Nonprofits job board. Your one-stop shop for the next step in your career! Searching job listings is totally free, and ANN members receive a big discount when posting new jobs. There are dozens of nonprofit jobs available right here in Nevada (and out of state jobs, too!) Check it out at jobs.alliancefornevadanonprofits.com.

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.

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.

100% Conflict of Interest

In this jam-packed episode, we find out whether or not you can switch your nonprofit from a 501(c)4 to a 501(c)3, what constitutes a good conflict of interest policy, and if you can reimburse your board members for expenses. We check in with social media expert Heather Curry Frommer, who gives us tips on what channels to use for new donors, and are absolutely shocked to discover that both Stacey and Andy have totally different issues with time management.

Topics:
  • Switch from a 501(c)4 to a 501(c)3
  • A good conflict of interest policy
  • Reimbursing board members for expenses
  • Social Media channels for new donors with Heather Curry Frommer
  • Managing a never-ending to do list

Criminal for a Day

This week, Stacey crushes the dreams of a board member hoping to avoid a volunteer assignment, we find out what due diligence an org should do before hiring an executive director, and some strategies to prevent burnout from psychically heavy work. Andy gives Stacey tips on how to steal money, and we discuss the ever-confusing Vice President position on the board.

Topics:
  • Can a board member be a volunteer? – 0:00
  • Avoiding burnout from psychically demanding jobs – 2:48
  • Due diligence when hiring an Executive Director – 9:22
  • Preventing fraud – 17:14
  • Do we need a Vice President position? – 24:37

Survivor’s Guilt

Is there a difference between an Director and a Trustee? Stacey knows. We also find out what questions an internal candidate for Executive Director should ask, and hear from guest expert Kevin Dincher on how to motivate unmotivatable employees.

Topics:
  • How does a board member resign?
  • Questions an internal candidate can ask when applying for the Executive Director job
  • Motivating a team for a technology change