Simplified Notices of Funding Opportunity (NOFO) and Their Impact on Nonprofits

In the ever-evolving landscape of nonprofit funding, federal grants remain a crucial lifeline for organizations striving to make a difference. Recently, a significant shift has occurred in how these funding opportunities are presented, with the introduction of simplified Notices of Funding Opportunity (NOFOs). This change promises to reshape the way nonprofits approach and secure federal funding, potentially opening doors for a more diverse range of organizations.

Continue ReadingSimplified Notices of Funding Opportunity (NOFO) and Their Impact on Nonprofits

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

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.

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

Giving Tuesday Is November 29. Here’s How Your Church Can Prepare

With Giving Tuesday just around the corner, there are several ways your church can prepare for full participation but be aware of donor impact on your overall accounting procedures. In the digital age, tracking donors and donations has become more complex, depending on the way your church accounting is set up.

Continue ReadingGiving Tuesday Is November 29. Here’s How Your Church Can Prepare

What Can Nonprofits Learn From Patagonia’s $3 Billion Gift?

Patagonia’s recent gift to a nonprofit organization committed to fighting climate change has many other nonprofit’s questioning how and why this particular nonprofit was the chosen one. Read on to discover a few important takeaways from Patagonia’s $3 billion gift as we approach a new year of business:

Continue ReadingWhat Can Nonprofits Learn From Patagonia’s $3 Billion Gift?