Improve Your Nonprofit’s Strategic Planning With a “Real-Time” Approach

Real-Time Strategic Planning (RTSP) offers not-for-profits a fluid approach to identifying, understanding and acting on challenges and opportunities to advance their missions. Is this process right for your organization? Let’s take a look. What Is It, Exactly? RTSP was first introduced by nonprofit consultant David La Piana as “a coordinated set of actions designed to […]

House Passes Bill to Provide Coronavirus Relief; Senate Expected to Act this Week

Several arms of the federal government have taken, or are weighing, significant steps to help the country deal with the spread of the coronavirus (COVID-19) and the implications for individuals and businesses. On March 14, the U.S. House of Representatives overwhelmingly passed a bipartisan 110-page bill that has received support from President Trump and, as […]

Lease or Buy? Changes to Accounting Rules May Change Your Mind

The rules for reporting leasing transactions are changing. Though these changes have been delayed until 2021 for private companies (and nonprofits), it’s important to know the possible effects on your financial statements as you renew leases or enter into new lease contracts. In some cases, you might decide to modify lease terms to avoid having […]