GrantNews

MAY 8, 2024

Nonprofits often use a lawyer to get a set of ‘trained professional eyes’ on their documents. This will include money for payroll, benefits, payroll taxes and contract employees. This plan includes general liability insurance, commercial property insurance and business income insurance.

Insurance 114

Insurance Insurance Liability Insurance Nonprofit 114

Red Tape Busters

NOVEMBER 1, 2023

The ultimate goal for any tender writer is to win lucrative contracts and secure business opportunities for their organisation. Overpromising and Underdelivering – A Reputational Blow For tender writers , winning a contract can be a moment of triumph, but it also comes with significant responsibilities.

Contracts 52

Contracts Contract Liability Proposal 52

The NonProfit Times

NOVEMBER 7, 2024

Your staff members should be fully trained and familiar with your emergency response plan. Conduct drills to ensure your nonprofit is ready for an emergency and require all who are on-site on training day to participate. Many times, they will assume liability when they are responding to criminal activity at your facility.

Insurance 59

Insurance Insurance Liability Contracts 59

Get Fully Funded

MARCH 20, 2023

Expenses Staff Payroll Benefits Payroll taxes Contract staff Facilities Rent/mortgage Utilities (electricity, water) Pest control Maintenance Program Equipment Supplies Materials Mileage (specifically related to conducting your program’s activities) Administrative Office supplies Software (Quickbooks, donor tracking software, merchant account, etc.)

Budget 98

Budget Finance Software Liability 98

Assel Grant Services

MAY 6, 2024

Disclaimer of Opinion – This type of report shows a company is not compliant with GAAP guidelines and portrays gross misstatements on its assets and liabilities. Here are the circumstances that may trigger an audit requirement: Federal, state, and local government contracts may require an audit as part of the nonprofit’s contract for funding.

GPC 40

GPC Contracts Contract Procurement 40

Qgiv

AUGUST 10, 2022

In addition, you may find it helpful to use the Nonprofit.Courses’ guide to nonprofit board training as a resource to further improve your onboarding work. That level of knowledge builds over time with ongoing training at board meetings, through tours, at events, and by other means. Be open to further education and training.

Finance 52

Finance Nonprofit Policy Policies 52

Qgiv

AUGUST 27, 2021

Be sure you understand expectations while going through the contract process. It’s always a good idea to have pre-event meetings with vendors to go through expectations and complete a formal contract. Your in-kind contracts will most likely not need to be as robust.

Contracts 52

Contracts Contract Pass-Through Utilities 52