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Supporting Your Faith with Fiscal Accountability

Financial sustainability and your nonprofit

If your not-for-profit relies heavily on a few funding sources — for example, an annual government or foundation grant — what happens if you suddenly lose that support? The risk may be compounded if you generally spend every penny that comes in the door and fail to build adequate reserves. Bottom line: If your nonprofit […]

Even More Than Ever, Clergy Now Need an Accountable Business Reimbursement Plan; Houses of Worship Must Budget Differently

If you’re the minister, rabbi, priest or mullah at your house of worship, you’ve been gifted with the most important and formidable role – that of spiritual leader. While serving your congregation, time spent on spiritual guidance remains far too important to be sidetracked by personal financial issues, especially related to your next federal income […]