No Fundraising Expense on the Form 990

Is it a huge red flag when an organization has no fundraising expenses reported on their 990? That sounds like an easy enough question, but instead Stacey and Andy get all in the weeds about output factors, the birth of Guidestar, bacon double cheeseburgers and the dreaded overhead ratio question on grant applications. Also discussed: the governance implications of board members in love. Don’t miss this episode!

Topics:
  • Do we have a governance problem if two board members have started up a romantic relationship?
  • Is it a red flag when an organization reports no fundraising expenses on their Form 990?

Run for the Hills!

Do nonprofits need to comply with open meetings law? Find out this week! Stacey and Andy have differing opinions on job hopping, we learn the difference between overhead and operating costs, and Stacey talks about some cool RFP coordination among funders.

Topics:
  • Open Meetings Law
  • Job Hopping (for a good reason)
  • Overhead vs. Operating Cost
  • RFP Coordination Among Funders
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.

They’re Flying in from Cleveland?

Grants genius Beth Rubins explains the right way to fund overhead, and Stacey and Andy answer questions about how to select an audit firm and the bitter disappointment that is Amazon Smile.

Topics:
  • Amazon Smile
  • Buzzwords to use in a grant for funding overhead, with Beth Rubins
  • How to select an audit firm
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.

Weed Money

This week, our guest expert Greg Wilken of Endunamo Consulting answers a tough question about firing a long-tenured employee, Stacey (shockingly!) disagrees with Andy about overhead and optimization, and we find out whether or not to take donations from marijuana dispensaries.

Crystal Dishes

This week, we find out who should participate in creating the strategic plan, and why you shouldn’t volunteer for your own job. Andy provides the best single thing you can have to get your board to understand your financials, and Stacey shares the secret to winning any kind of fundraising presentation competition.