Not-for-Profit Section

Not-for-profits have specific accounting and reporting requirements, along with demands for maintaining low operational overhead. IRS regulations, grant-writing, managing volunteer time and donations are just a few of the issues highlighted in the Not-for-Profit Section. 

Latest News:

  • Sep 06, 2024

    The value of a volunteer hour in the U.S. hits $33.49

    The value of a volunteer hour in the United States during 2023 was $33.49, up $4.95 from 2020. It’s a 5.3% increase from 2022. The value is estimated from data collected in 2023, the figure illustrates the valuable and significant contributions volunteers make every day to support communities and the nation.
  • Sep 06, 2024

    Generational giving report shows donors seeks stories, info and other non-ask messages

    Most donors want more information from their preferred nonprofits, whether via social media channels or email. Just as nonprofits seek monthly sustainer revenue, donors welcome monthly updates on a nonprofit’s activities, such as campaign updates, donor impact or other relevant information. Given the increasingly visual-oriented nature of people, short quotes, images and videos are especially welcome.
  • Sep 06, 2024

    Nonprofit news from around the web: Sept 2 – 6, 2024

    In case you missed them, here are some recent interesting nonprofit news items from around the web.
  • Aug 23, 2024

    Two federal bills target nonprofit retirement plans

    Nonprofit employees with 403(b) retirement plans would be able to participate in collective investment trusts (CITs), if new federal legislation passes and is signed into law. A CIT is a tax-exempt investment vehicle that is similar to mutual funds that provides diversified, pooled investments.
  • Aug 23, 2024

    Candid releases 2024 nonprofit compensation report

    Candid has released its 2024 Nonprofit Compensation Report, the most comprehensive study on executive compensation in the social sector. Now in its 24th edition, this annual report draws exclusively from data reported on IRS Forms 990 and 990-EZ. This year's report reviews executive employee compensation based on 209,655 observations from 128,238 tax-exempt organizations for fiscal year 2022, making it the largest to date.

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