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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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The 4 Core Nonprofit Financial Statements & Their Insights

Pamela Grow

Liabilities. These appear on the statement in order of payment due date, with short-term investments listed above long-term liabilities. On your balance sheet, youll calculate your nonprofits net assets by subtracting your total liabilities from your total assets. Youll typically list these in order of liquidity (i.e.,

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The NonProfit Voice Ep 61: Improve Fleet Safety and Limit Liability with GPS Telematics

NonProfit PRO

In this episode of The NonProfit Voice, Amanda Cole, editor-in-chief of NonProfit PRO, is joined by Lucas Carvalho vice president of corporate resources for BAMSI, and Gabriel Bergeron, Northeast regional manager for risk management services at Philadelphia Insurance Companies.

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Six Insurance Coverages Every Nonprofit Needs

NonProfit PRO

Protect your nonprofit or human services organization with insurance tailored to your unique needs. Church Mutual understands your mission and offers the top coverages you need, including management liability and crime coverage, so you can focus on what matters most — serving your community.

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Health Nonprofits Spending Millions Lobbying

The NonProfit Times

According to data compiled by Fierce Healthcare, the American Hospital Association, the American Medical Association, AARP, and the Pharmaceutical Care Management Association spent a combined nearly $21 million during the second quarter of 2024. In fact, 14 of the 30 on the list spent more than $1 million during the quarter. million and $2.7

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Why You Should Run Your Nonprofit Like a Business

Get Fully Funded

Are you managing risk? Even in the early days when the donut shop is struggling financially, appropriate insurance is required. So work with an insurer or an insurance broker to understand the coverage you need to best protect your organization and its liability. no matter how good your intentions are.

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Estate Planning Essentials: 10 Crucial Documents for Organizing Your Affairs

Planned Giving

Estate planning involves determining who will inherit your assets and who will manage your estate upon your death. Executor : You can designate someone you trust to manage your estate. Control : You can manage and alter the trust during your lifetime. What Is Estate Planning? Clarity : Ensures your wishes are followed.