Posts Categorized: Uncategorized

Paycheck Protection Program Chaos and Frustration

Yesterday’s launch of the Paycheck Protection Program (PPP) was a chaotic mess. More frequently than not, nonprofit executives and business owners were frustrated by their inability (at no fault of their own) to apply for PPP loans. PPP to Aid Distressed Nonprofits The PPP was approved by Congress last week to provide forgivable loans to …

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COVID-19 Relief for Nonprofit Employers

In the wake of the COVID-19 outbreak, federal and state governments have provided the country with several waves of relief for employers, including nonprofits, to help ease the burdens caused by the pandemic. New programs will affect nonprofit employers by imposing upon them new obligations towards their employees and by providing them with benefits to …

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Nonprofits Already Hit Hard by COVID-19

Even at this early stage in the COVID-19 pandemic, nonprofits are already reeling from its effects. And they promise to be devastating. It’s too soon to predict the ultimate impact, but it’s a fair projection that economic ruin will fell many organizations – unless they are saved by patrons funders and legislators. Performing Arts Hard …

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Current Challenges in the Nonprofit Sector

Nonprofit organizations in the United States constantly struggle with operational and financial challenges. Speculation about the common challenges faced by our nation’s nonprofits is abound, but what do the concrete statistics say? The BDO Institute for Nonprofit Excellence recently released a report from its survey of 105 nonprofits that reveals the current challenges nonprofits are …

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California’s Crackdown on Nonprofits

May 30, 2017 Posted by Laura Antonelli in News, Non-profits, Nonprofits, Uncategorized

Nonprofits should take note that there is a new sheriff in town. California Attorney General Xavier Becerra is cracking down on nonprofits that are breaking the law. Becerra’s public statements indicate that he will bring stronger enforcement against charities. So far, he has. Since Becerra became Attorney General, the State of California has initiated litigation …

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Seven-Figure Salaries at Nonprofits

Executive compensation at nonprofits is on the rise, according to a recent article by the Wall Street Journal. New data from the IRS shows that the number of seven-figure salaries at charities tripled between 2011 and 2014. The organizations that are paying their employees in the millions range from major hospitals and universities to small …

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