Entries with Topic: Nonprofit Management

Through the Noise interviewed Melissa Panagides, Senior Manager of Management Advisory Services at BDO USA , to discuss mergers and acquisitions within the nonprofit sector. Listen below or check out the full library of podcasts here .

Podcast Description: This podcast breaks down the difficult questions that surround a company acquisition and provides expert information on how to plan ahead, manage expectations, and how to support the people within organization during this difficult time.

BDO USA, LLP is known primarily as an accounting firm. The Management Advisory team supports organizations that are going through or considering change and focus on helping organizations identify the right technology for their needs by transforming their business. In addition, they help to plan and implement mergers and acquisitions for organizations across the globe.  To learn more about BDO USA, visit their website at www.bdo.com.

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To stay up-to-date on the latest best practice tips and cost-saving ideas just for nonprofits, sign up for UST’s monthly eNews: http://www.chooseust.org/enews

The final forms and instructions that employers will use for 2016 reporting under the Affordable Care Act (ACA) have been released by the Internal Revenue Service (IRS). Employers that provided basic healthcare coverage on a self-funded basis in 2016 are required to report the names and social security numbers (SSNs) of all covered individuals. While this is the second year of reporting for most employers, many still struggle with the process of how to effectively report SSN’s for all covered individuals and their dependents.

If you are an applicable large employer (ALE) that employed 50 or more full-time or full-time equivalent employees during the current reporting year, you must report to the IRS whether or not you did or didn’t offer healthcare coverage by completing Form 1095-C and 1094-C.

The requirement to report enrollment information on each covered individual, including dependent names and SSNs, only applies to employers that self-fund a minimum essential coverage health plan (e.g., major medical, PPO, HDHP). For an ALE, the self-funded plan enrollment information is reported in Part III of Form 1095-C while a “small” (non-ALE) employer reports the information in Part IV of Form 1095-B.

You can review a copy of the IRS proposed regulation on TIN solicitationhere.

This article was adapted from ThinkHR, powering the UST HR Workplace provided to UST members at no additional cost. Get answers to your HR questions and sign your nonprofit up for a free30-day trial. 

Did you know that nonprofits comprise more than 10% of all private sector employment in the country, accounting for 11.4 million employees according to the Bureau of Labor Statistics? In fact, if the nonprofit sector were a country, it would have the seventh largest economy in the world.

UST wants to honor all the nonprofits that make a difference every day, all year long—and the amazing individuals that lead them.

We know it’s not easy running a nonprofit and here at UST our sole purpose is to “help nonprofits save money in order to advance their missions.” We’re especially proud to support the efforts of our 2,000 nonprofit members and 80 national and state nonprofit association affinity partners.

For Nonprofit Awareness Month, we wanted to share some ways individuals and nonprofits can boost their passions and causes, and gain awareness of all that nonprofits do, too:
 

  1. Share. Your state nonprofit association may have ideas on how you can support nonprofit awareness via social media. For example, the Delaware Alliance of Nonprofit Advancement’s campaign asks you to print out a flyer, take a picture of yourself holding it, and post it to social media with the hashtag #npawareDE. You can even simply share stories and images about a nonprofit you work for or volunteer with using Twitter, Facebook, Flickr and other platforms.
  2. Volunteer. You can get directly involved in the success of local nonprofits and share your experiences with others. Go to www.volunteermatch.org to find the type of volunteering project that works for you.
  3. Give. Find a charity you care about, make a donation and encourage others to give. And don’t forget, your donation is typically tax deductible! The Association of Fundraising Professionals provides these 5 P’s of Wise Giving.
  4. Learn. Find out 7 myths about nonprofits that you may not have known. And we’ll add one more myth: “the word nonprofit needs a hyphen…” Nope, get rid of that pesky dash!
  5. Advocate. You can find your elected officials online and make your cause known. Write them a letter, email or call them and take your messages and concerns to them. If you work for a nonprofit, here are some conversation guidelines courtesy of DANA:

– I am [Your Name] and I work for [Organization]. Our nonprofit employs [x] people and mobilize [y] volunteers in your district.

– Our missionj is to [Your Mission].

– We can be a resource for you on[Topics]. Please call on us if we can be of assistance.

– We would also like for you to be our guest at [Your Organization] when you are in the district. Please contact me or I am happy to follow up with you to see if we can schedule something.

Do you have a favorite nonprofit? Tell us on Facebook
  Note: UST does not receive compensation for any links in this article, nor is it responsible for the content on any of the sites to which it links. This is purely educational folks!

Nonprofits tend to attract strong leaders with high aspirations and an unparalleled focus. But without step-by-step workflow procedures, consistent communication or designated responsibilities, even the strongest of leaders won’t be able to improve upon their organization’s effectiveness.

Utilize these 4 methods to create a more balanced and productive workplace:
 

  1. Identify both short and long-term priorities. Creating measurable goals will help your nonprofit measure progress on an annual basis, allowing you to determine where your strengths and weaknesses lie. Prioritizing these goals will keep everyone on the same page and help accomplish objectives at a more efficient pace.
  2. Break down communication barriers. Share your organization’s priorities with all employees whilst ensuring that their current roles contribute to each goal. Don’t forget to encourage cross-department communication to achieve faster, consistent results.
  3. Assign responsibilities so employees maintain ownership. Because employees spend more time and energy devoted to tasks that they’re solely responsible for, give your team members individual responsibilities that directly impact your nonprofit’s goals. This will help alleviate any confusion when employees are determining who’s in charge of what.
  4. Clearly define the work processes. Taking the time to carefully articulate the work procedures will improve consistency and time management. Because your employees will be fully versed in the new processes, they will make less mistakes and develop a greater confidence in their work ethic.

As a nonprofit leader, you have the power to portray change as a necessary evil or an ongoing opportunity. By setting a positive example and carefully managing both your nonprofit’s goals and employees, you can encourage your staff to constantly challenge themselves and broaden their skill sets—increasing overall organizational effectiveness.

Learn more about how to improve leadership and management practices here.

Performing small business payroll can be both difficult and critical to effectively avoiding the all-too-tricky claim type, “independent contractor vs employee.”

Nonprofit employers must take the time to learn the distinguishing characteristics of an employee of an organization and an independent contractor, who are self-employed individuals. If and when you make a mistake when classifying these two worker categories, not only will this mix-up lead to high penalties, but you may have to outsource for payroll assistance—costing your organization both valuable time and money.

In general, here’s how you differentiate the two workers:

  • Employee – anyone who performs services and the company can control what is done
  • Independent Contractor – anyone who performs services and the company only has the right to control the result of the work and not the means and methods of accomplishing the result

To avoid overpayments, rework for the employer and state, and potential investigations from the IRS, employers should use either the ABC Test or the Common Law Test to determine whether a worker is an employee or independent contractor.

Both tests are designed to readily identify the worker-employer relationship, focusing on how much control the organization has over a worker and the work accomplished. Check out both the ABC Test and Common Law Test here to ensure your nonprofit’s compliance.

This article was adapted from Equifax Workforce Solutions, UST’s dedicated unemployment claims administrator.

UST members receive exclusive access to an online claims dashboard, e-filing capabilities, a state-specific claims representative and 100% representation at unemployment claims hearings. To find out if your nonprofit qualifies for the UST program, fill out a free Savings Evaluation today or call us at 888-249-4788.

Through the Noise interviewed Elizabeth Scott, CEO of Brighter Strategies, to help nonprofit employers improve their overall effectiveness by building their internal capacity. Listen below or check out the full library of podcasts.

Podcast Description: This podcast emphasizes the importance of harnessing the emotional intelligence of staff members so that organization can do the most with what they have. Dr. Elizabeth Scott aims to provide thought leadership and high value organizational development consulting in an effort to strengthen the nonprofit sector.

Brighter Strategies is a non-profit consulting firm that works with non-profit organizations as a “thought partner” to help build capacity and make the most of their greatest asset—their human capital. To learn more about Brighter Strategies, visit their website at www.brighterstrategies.com.

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To stay up-to-date on the latest best practice tips and cost-saving ideas just for nonprofits, sign up for UST’s monthly eNews: http://www.chooseust.org/enews

The Financial Accounting Standards Board (FASB) has issued the Accounting Standards Update 2016-14, which contains significant changes to not-for-profit accounting standards, focusing on improving, enhancing and simplifying financial statement reporting requirements.

In this 60-minute webinar, Jay Azar, Director of Not-for-Profit Practice Services at Lindquist, LLP, talks about how your organization can begin to prepare your accounting and financial reporting systems for these important changes.

Some of the topics discussed include:

  • Displaying the current three fund categories of Unrestricted, Temporarily Restricted and Permanently Restricted funds has changed to two fund categories of “Funds Without Donor Restrictions” and “Funds With Donor Restrictions.”
  • Requiring the use of a classified balance sheet and allowing for display of assets with limited use.
  • Requiring that information provided about expenses for the period will be presented both by functional and natural classifications for all not-for-profits.

After watching the presentation, you’ll feel more confident and prepared for handling the accounting and financial reporting processes at your nonprofit.

Watch the webinar on-demand now.

This webinar series is part of UST’s efforts to educate the nonprofit sector. Sign up to receive UST’s monthly eNews for more free learning opportunities just for nonprofits like you!

Question: What are some tips for developing and conducting an employee engagement survey?

Answer: An employee engagement survey can be a great tool to check the temperature of your culture. When done right, the survey can help you understand the needs of your employees, which in turn benefits productivity, job satisfaction and supports employee retention. It is also an excellent tool to help you calibrate the quality of your leadership as well as your employee relations and talent management programs.

Before you start, however, ensure that the management team is ready to act on the critical feedback you’ll get. Then decide what it is you need to know. Do you want to better understand how your employees view their relationship with management, understand and support the company’s strategic direction, or learn what aspects of their work environment, compensation and benefits, work assignments, and opportunities for learning and advancement are working (or not working)?

Next, determine how you will create, disseminate, tabulate, and communicate the survey process and results. If you’re creating your own survey, consider gathering employees from different areas of the company to formulate the survey questions and include them in the employee communications process to encourage participation. This team can also be instrumental in reviewing the survey results and providing feedback about how those results should be communicated and acted upon.

Another option is to use one of the many online engagement survey tools available in the marketplace. While the questions may not be as personalized to your company issues, you can get the surveys, along with the tabulated results, done quickly.

If you do create the survey in-house, consider these best practice tips:

  • First, determine whether the survey identifies the respondents. Confidential surveys typically yield higher response rates and include more candid feedback. With these surveys, be sure to include department or other group data to assist you later in analyzing feedback and specific action items that may be tied to one group. The decision to include identifying information is generally tied to the level of openness and trust in an organization’s culture.
  • Ask relevant questions. Ask questions that employees can — and want to — answer about their employment relationship with the company.
  • Make it simple and easy to complete. Keep the survey short. Employees may not take the time to complete a lengthy survey with in-depth questions. Save those types of questions for the follow-up action planning.
  • Provide an open comment area. Give employees an opportunity to comment at the end of the survey and add any additional information not covered by the questions.
  • Make the results actionable. Follow up on survey results so employees know they are heard and appreciated.

Encourage participation by using incentives or contests. With more feedback, you’ll have a better picture of your employees’ engagement level. Train your leaders so that they are prepared to use the survey feedback as a gift to improve performance and have productive feedback and performance improvement planning sessions.

Most importantly, don’t ask for employee feedback unless you are willing to do something with the results. Your employees will expect you to implement changes and take action. Let them know how much you value and respect them by listening and acting on their opinions and ideas.

Q&A provided by ThinkHR, powering the UST HR Workplace for nonprofit HR teams. Have HR questions? Sign your nonprofit up for a free 30-day trial here.

Your nonprofit may have the time, mentors and training courses needed to mold up-and-coming leaders, but do you have a plan of action that takes full advantage of this developmental support system?

Setting measurable goals and creating systematic procedures for leadership development programs will enable you to address leadership skill gaps at a more efficient pace. Follow these 4 steps to implement an effective leadership development plan, while gaining support from your current management team:
 

  1. Get your Board and other Decision-Makers involved. Have your executive staff participate in the brainstorming process when creating leadership development procedures. If your Board members make leadership strategy a priority, and clearly communicate their expectations, your team can better identify and work toward future leadership objectives.
  2. Identify your leadership strengths and weaknesses. Having a firm understanding of your nonprofit’s mission and organizational priorities is crucial when identifying skill gaps. Once you decide what future leadership capabilities are required, you can begin training internally and/or seeking new leadership candidates.
  3. Continuously raise the bar and increase task ownership. Prospective leaders will accrue most of their knowledge and skills through hands-on learning, rather than formal training. Therefore, you must provide consistent assignments that test their leadership competency by taking them out of their comfort zone and creating a greater sense of accountability. Don’t forget to provide ongoing feedback and recognize their successes.
  4. Review and improve procedures when necessary. Like your leadership candidates, development procedures must be carefully monitored and evaluated. Leadership development plans are often intricate—continue to tweak them so they meet your nonprofit’s specific needs. Taking the time to measure your procedures’ effectiveness, and edit when necessary, will help you build prospective pool of future leaders.

Discover more methods on how to create future leaders here.

If your Executive Director/CEO, CFO or COO suddenly couldn’t show up to work, would your organization be prepared?

Sometimes it’s sudden, like an accident or health crisis, and other times it’s simply a short term window to prepare for a leader leaving—but it is always important to have a backup plan when it comes to a leader’s absence.

It’s called emergency succession planning, and it’s critical to your organization’s survival.

Like any good emergency plan (think of those fire drills as a kid in school) – there should be clearly laid out steps to your emergency succession plan.  Ready to stop, drop, and roll?  Here are some basic elements to any good leader succession plan:
 

  1. Identify the key responsibilities and functions of the position that would need to be taken over in an emergency loss of a leader.
  2. Who are the people/titles internally who would take over these functions in the interim? Is it one person or multiple?
  3. Create a training and orientation plan for these backups.
  4. Who will the Acting CEO be? Consider whether an Interim CEO would be best for the coming 6-18 months and how you would recruit that role. Best practice states that the Interim CEO should not be an internal employee, so they can be a voice of neutrality for other employees and provide an outside perspective to identify opportunities for improvement.
  5. Determine what the Board’s role in the process will be. How will they be involved in selecting a new CEO, and how will they support the new CEO and the onboarding process?
  6. Have the emergency succession plan reviewed and adopted by your Board.

Learn more about emergency succession planning in this report.

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Privacy Policy

Privacy Policy and Terms of Use

UST maintains a secure site. This means that information we obtain from you in the process of enrolling is protected and cannot be viewed by others. Information about your agency is provided to our various service providers once you enroll in UST for the purpose of providing you with the best possible service. Your information will never be sold or rented to other entities that are not affiliated with UST. Agencies that are actively enrolled in UST are listed for review by other agencies, UST’s sponsors and potential participants, but no information specific to your agency can be reviewed by anyone not affiliated with UST and not otherwise engaged in providing services to you except as required by law or valid legal process.

Your use of this site and the provision of basic information constitute your consent for UST to use the information supplied.

UST may collect generic information about overall website traffic, and use other analytical information and tools to help us improve our website and provide the best possible information and service. As you browse UST’s website, cookies may also be placed on your computer so that we can better understand what information our visitors are most interested in, and to help direct you to other relevant information. These cookies do not collect personal information such as your name, email, postal address or phone number. To opt out of some of these cookies, click here. If you are a Twitter user, and prefer not to have Twitter ad content tailored to you, learn more here.

Further, our website may contain links to other sites. Anytime you connect to another website, their respective privacy policy will apply and UST is not responsible for the privacy practices of others.

This Privacy Policy and the Terms of Use for our site is subject to change.