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Posts by Tricia Love Thomas

3 Things Nonprofit Board Members Should Know About Financial Statements

There are certain things every nonprofit board member should know about the financial statements of the organization. After all, many board members work in for-profit businesses. There are significant differences between for-profit and not-for-profit...
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Employee vs. Independent Contractor: Nonprofits, Listen Up

The IRS has publicly stated it plans to crack down on organizations that improperly classify workers as independent contractors instead of employees. Are you confident your employee classifications would stand up to IRS scrutiny?
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The Face of Fraud in Nonprofits

Most everyone likes to think of their employees as being honest and incapable of fraud or other wrongdoings. Unfortunately, that’s not always the case. Consider the following example inspired by a real-life event in anonprofitorganization.
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Succession Planning Important for Nonprofit Organizations, Too

Baby boomers are turning 65 andnonprofitsmust be prepared for leadership changes.
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