Public confidence in nonprofits varies
A survey conducted by the Chronicle of Philanthropy — the first to measure public confidence in charities since 2008 — has found that two-thirds of Americans have a fair amount of confidence in charities. More than 80% indicated that charities do a “very good” or “somewhat good” job helping people.
All posts by Mike Sperling
Newsbits
DOL issues guidance on independent contractors
New U.S. Department of Labor (DOL) guidance addresses the standard for determining whether an employee is misclassified as an independent contractor under the Fair Labor Standards Act (FLSA). The guidance incorporates the “economic realities” test and provides broader FLSA coverage than the common law control test, which focuses on the employer’s control over the worker.
Joint costs: The right way to allocate
With so much attention these days paid to fundraising ratios, many nonprofits feel pressure to minimize their fundraising expenses. This makes allocating joint costs — costs associated with activities that have both fundraising and other functions — appealing. But before you take that step, make sure that you’re familiar with some frequently misunderstood accounting rules.
Continue reading Joint costs: The right way to allocate
Micro-donations Good things come in small packages
Donations to nonprofits plunged during the latest recession and have been edging their way to healthier levels ever since. But many contributors today can afford only small gifts in a still-tight economy. Enter the micro-donation.
Continue reading Micro-donations Good things come in small packages
Implement a policy for credit card use
Providing employees with credit cards may seem convenient. But sharp criticism will likely follow if the cards are misused or appear to have been. And while large nonprofits typically have strong internal controls that minimize the risks, smaller organizations may need to take steps to protect themselves from credit card abuse. That begins with establishing a formal credit card policy.
Continue reading Implement a policy for credit card use




