Nonprofit Risk Management Archives - Temple Management Consulting

Preparing for Your 2025 Nonprofit Audit: Best Practices and Lessons Learned from New Requirements

Post author:Annette Sullivan
Post published:July 12, 2025
Post category:Nonprofit Accounting Nonprofit Finances Nonprofit Financial Reporting Nonprofit Risk Management Taxes Uncategorized
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As we approach 2025, nonprofit organizations are navigating an evolving landscape of audit requirements and best practices. Effective nonprofit audit preparation remains crucial for ensuring compliance, enhancing transparency, and maintaining stakeholder trust. In this comprehensive guide, we'll explore key aspects of preparing for your 2025 nonprofit audit, including lessons learned from recently implemented standards, emerging best practices, and strategies to navigate common challenges.

Safeguarding Your Nonprofit: A Guide to Information Security

Post author:Annette Sullivan
Post published:July 9, 2025
Post category:Nonprofit Accounting Nonprofit Risk Management Uncategorized
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Cybersecurity is essential for nonprofit organizations, which often handle sensitive donor data, financial records, and operational information. Without proper safeguards, nonprofits risk data breaches, ransomware attacks, and reputational damage. This guide focuses on actionable strategies for data protection for nonprofits, covering physical and digital security measures to help organizations mitigate risks effectively.

Securing the Remote Nonprofit: Comprehensive Strategies for Distributed Workforce Protection

Post author:Annette Sullivan
Post published:June 8, 2025
Post category:Nonprofit Accounting Nonprofit Growth Nonprofit Risk Management
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The nonprofit sector has undergone a fundamental transformation in how organizations operate, with remote and hybrid work models becoming permanent fixtures rather than temporary adaptations. According to recent research, 62% of Americans are now working from home in some capacity, a shift that includes both temporary and permanent changes across all sectors, including nonprofits. This evolution has created unprecedented opportunities for mission-driven organizations to expand their reach and operate more efficiently. Still, it has also introduced significant cybersecurity challenges that require immediate attention and strategic planning.

Changes in Single Audit Requirements and Thresholds: What Nonprofits Need to Know for 2025

Post author:Annette Sullivan
Post published:February 10, 2025
Post category:Nonprofit Accounting Nonprofit Board Nonprofit Finances Nonprofit Financial Reporting Nonprofit Risk Management Payment Processing Taxes Uncategorized
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Learn about the new $1 million Single Audit threshold for nonprofits starting in fiscal year 2025. Understand how these changes impact your organization and how to prepare for the updated requirements.

Mastering ASC 842 Compliance: Best Practices for Nonprofits, Healthcare, and Higher Education

Post author:Annette Sullivan
Post published:December 10, 2024
Post category:Nonprofit Accounting Nonprofit Finances Nonprofit Financial Reporting Nonprofit Funding Nonprofit Risk Management Uncategorized
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Discover expert insights on ASC 842 compliance for nonprofits, healthcare, and higher education. Learn best practices and lessons from Temple Management Consulting's experience.

Nonprofit Finance

Keep your business finances from falling through the cracks.

00:00 / 31:13

Keep your business finances from falling through the cracks.

Mar 29, 2025 • 31:13

Whether you are a small business or a nonprofit organization, there will always be bumps in the road. Here's how you can keep your business or organization's finances from falling through the cracks.

Personal Finance

Five mistakes you might be making with your money.

00:00 / 29:52

Five mistakes you might be making with your money.

Jun 1, 2025 • 29:52

In this episode, we talk about what you could be getting wrong concerning your finances.
Women: The Traits of A Good Investor

May 25, 2025 • 31:14

Regardless of your investing experience, certain traits can be advantageous for anyone investing. Let's see what they are.

Nonprofit Finance

Keep your business finances from falling through the cracks.

00:00 / 31:13

Keep your business finances from falling through the cracks.

Mar 29, 2025 • 31:13

Whether you are a small business or a nonprofit organization, there will always be bumps in the road. Here's how you can keep your business or organization's finances from falling through the cracks.

Personal Finance

Women: The Traits of A Good Investor

00:00 / 31:14

Women: The Traits of A Good Investor

May 25, 2025 • 31:14

Regardless of your investing experience, certain traits can be advantageous for anyone investing. Let's see what they are.

Nonprofit Finance

Keep your business finances from falling through the cracks.

00:00 / 31:13

Keep your business finances from falling through the cracks.

Mar 29, 2025 • 31:13

Whether you are a small business or a nonprofit organization, there will always be bumps in the road. Here's how you can keep your business or organization's finances from falling through the cracks.
Five mistakes you might be making with your money.

Jun 1, 2025 • 29:52

In this episode, we talk about what you could be getting wrong concerning your finances.
Women: The Traits of A Good Investor

May 25, 2025 • 31:14

Regardless of your investing experience, certain traits can be advantageous for anyone investing. Let's see what they are.

Nonprofit Finance

Keep your business finances from falling through the cracks.

00:00 / 31:13

Keep your business finances from falling through the cracks.

Mar 29, 2025 • 31:13

Whether you are a small business or a nonprofit organization, there will always be bumps in the road. Here's how you can keep your business or organization's finances from falling through the cracks.

College

529 College Savings Plan

00:00 / 33:44

529 College Savings Plan

Apr 19, 2025 • 33:44

In this episode, we share some basics about the popular 529 college savings plan, including tax advantages and college costs that can be paid from distributions from the plan.

Temple Management Consulting,Certified Public Accountants

Temple Management Consulting,
Certified Public Accountants