Financial Management

  • Expansion of Program to Support Lending to Nonprofit Organizations
    U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the expansion of the Main Street Lending Program to provide greater access to credit for nonprofit organizations: “I have sent letters to Federal Reserve Board Chairman Jerome Powell approving the …
  • Senate Passes Brown, Scott, Wyden, Grassley, Legislation to Help Nonprofits
    Bipartisan Bill Would Ensure that Nonprofits Receive Federal Help for Unemployment Payments Up Front, Rather than Being Reimbursed Later WASHINGTON, D.C. – Late yesterday, the Senate unanimously passed legislation introduced by U.S. Sens. Sherrod Brown (D-OH), Tim Scott (R-SC), Ron …
  • SBA’s Economic Injury Disaster Loans and Advance Program Re-opened
    All Eligible Small Businesses and Non-profits Impacted by COVID-19 Pandemic The Economic Impact Disaster Loan portal has re-opened and the SBA also has funding still available in the Paycheck Protection Program. Click here to learn more and apply. If you …
  • C4NPR Chat – CARES Act Updates for Nonprofits
    Bill Wersell joins us to explain the different loans available to nonprofits due to the COVID-19 crisis (as of 04-03-20) Bill and his team are able to do Q&A with your business or nonprofit to find out if an SBA …
  • CARES Act Small Business Emergency Loans (EIDL & PPP)
    Two Loans EIDL & PPP – Understanding the Difference and How to Apply Economic Injury Disaster Laons (EIDL) Paycheck Protection Program Loans (PPP) We thank the Alliance For Nonprfits for responding to questions about the CARES Act and the provisions …
  • TIME SENSITIVE – Vote expected this afternoon (03-23-2020)
    UNIVERSAL CHARITABLE DEDUCTION We wanted to take the opportunity to alert you to a sign-on letter in support of the universal charitable deduction (UCD) via the Lankford amendment (UCD of $4K for individuals/$8K for married couples for all of 2020 …
  • The Small Business Administration (SBA) Economic Injury Disaster Loan Process
    UpdateToledo – Lucas County Emergency Management Center In response to the COVID-19 outbreak, there are a number of financial resources available to small businesses and nonprofits. The Small Business Administration (SBA) Economic Injury Disaster Loan Process has been established through …
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    The Scariest Part of the 990 Tax Form
    Guest Blogger – David Holmes If you’re part of a 501(c)3 nonprofit, you can rest assured that your organization has to file some form of the IRS form 990 every year.  And if you’re not in the accounting/financial division of your …
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    When Is Overhead Not “Overhead”?
    Guest Blogger – Gretchen Upholt In nonprofit budgeting, some things are fairly straightforward. The salary of a member of the program delivery team is a program expense. Travel and lodging for board members coming to the annual meeting are administrative …
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    Social Entrepreneurship – What Is It?
    We are excited to announce the first workshop of the year. When organizations take the time to plan and prepare, a social enterprise can create a big boost to the bottom line.  For others, however, it can drain valuable financial …