Tuesday, July 1, 2014

State of not-for-profits in 2014 - Grant Thorton



This State of the not-for-profit industry in 2014 report focuses on issues specifically trending for nonprofits, acknowledging that the industry is in flux for all sorts of reasons — among them, changes in the economy, technology, demographics and regulation. The not-for-profit organizations that grow and thrive will do so because they have adapted and planned for a future that looks very different from their past. This publication is meant to help our not-for-profit readers consider the issues that will influence their forward-thinking activities.

Browse the articles or download the full report (PDF):

How social services organizations can boost funding
Social service not-for-profits can promote change from within to give them an edge in the fight for funding.

Resourcefulness, creativity can help further your mission
Not-for-profits are concerned not only with generating additional revenue, but also with how to deploy limited resources to further the mission and ensure long-term sustainability in this uncertain operating climate.

7 ways religious organizations can improve the bottom line
Whether your religious organization is still climbing out of the recent recession or has returned to more solid footing, these activities can help you achieve financial viability to sustain your mission.

New complexities mean boards must innovate
Not-for-profit boards must be focused more than ever on strategic direction, ethics and outcomes and not solely on operations.

Building a culture of ethics is more important than ever
Guard your organization’s most important asset — its reputation — through a culture of ethical commitment, setting the right tone from the top, identifying and managing conflicts of interest, and making it safe for whistleblowers to report.

Flat tax may level playing field for private foundations
Private foundations -- categorized as tax-exempt organizations but not exempt from all taxes. – could benefit from the elimination of the two-tier excise tax system and replacement with a simpler flat tax rate on net investment income.

Executive compensation: Governance in a new era
With appropriate compensation and benefits, attract, retain and engage the executive talent necessary to achieve a not-for-profit’s mission.

Museums and other cultural institutions exhibit new strategies
For cultural institutions to move forward in a constricted economy, leadership must compare what has worked in the past against current economic realities.

How enterprise risk management can help not-for-profits thrive
A robust ERM program helps your organization recognize and prepare for risks, minimize the impact of unforeseen events, and seize new opportunities while protecting its mission and reputation.

Business, tax considerations drive dues, nondues revenue
Not-for-profit trade associations find new ways to make up for revenue shortfall, bringing additional value to current and future members.

5 steps for a high-performing internal audit function
A strong internal audit function can provide your not-for-profit organization with an independent and objective perspective, help improve compliance and controls, and increase operational efficiency and effectiveness.

3 steps to good governance overseas
U.S. Jewish/Israeli not-for-profit organizations must develop good governance practices, domestically and in Israel, to ensure donor intent and the organization’s tax-exempt status are not jeopardized.

No comments:

Post a Comment