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By Andrea Espinola Wilson and Adam B. Cole 2021 was undoubtedly a challenging year. Between drops in funding, canceled events and programs, the onset of the “Great Resignation” and other hurdles, nonprofit organizations had to reimagine operations and prioritize financial health to sustain mission-driven work. Now, they’re faced with a pivotal moment to turn crisis […]

On January 6, 2022, the U.S. Department of the Treasury released the Final Rule for the Coronavirus State and Local Fiscal Recovery Fund (SLFRF), providing increased guidance to state, local, and Tribal governments across the country to support their response to and recovery from the COVID-19 public health emergency. The Final Rule builds on the

By David King and LaShaun King Like many organizations, colleges and universities’ worlds were flipped upside down when COVID-19 emerged in the spring of 2020. To maintain their mission of reshaping the future through educating future generations, colleges and universities had to reimagine their own operations and adapt to a digital environment. Organizations shifted to

By: Andrea Espinola Wilson and Adam Cole Nonprofit organizations have been navigating change in almost every aspect of their operations over the past two years, including shifting priorities, a new employment landscape, and changes in fundraising and hosting programs and events. As organizations continue to reimagine what their futures will look like, donor engagement strategies

Hard-hit small businesses received more than $16 billion in much-needed COVID-19 relief through the Small Business Administration’s (SBA) Shuttered Venue Operators Grant (SVOG) program. Many organizations that received this funding may not have experience with federal awards or the complex rules associated with them. Given that the SVOG program is a federal grant program, recipients

Nonprofits that make the right investments in technology can further their mission in an increasingly digitalized world, and the industry knows this: 60% of nonprofit organizations accelerated investments in technology in 2021. But understanding which technologies are worth the investment is challenging for nonprofits navigating a shifting landscape with limited resources. Organizations looking to maximize

When COVID-19 was declared a pandemic, it marked the beginning of a tumultuous time in which uncertainty and confusion reigned. However, one bright spot did appear – people were inspired to give back to the world around them, and many nonprofits saw goodwill increase. According to a 2020 Gallup survey, more U.S. adults said they planned

How Nonprofits Can Tap Into Emerging Corporate Volunteering Trends By Adam Cole, CPA, and Andrea Espinola Wilson Amid the early stages of the COVID-19 pandemic, many nonprofits saw an increase in goodwill as individuals and organizations were inspired to give back in a time of crisis. Now, nonprofit leaders are looking to understand how they

In the face of the “Great Resignation” and rising inflation, organizations are taking a second look at the size of their salary increase budgets. For the last decade, budgets for merit increases have hovered around 3%. Now, salary increase budgets are on the rise to levels not seen in years, according to BDO’s first-quarter 2022

Over the past two years, the importance of health and human services (HHS) organizations has been underscored like never before. While some organizations have experienced a surge in demand and revenue, an increase in the awareness of their mission, and an expansion of their services, others are still facing funding challenges. As organizations emerge from