In This Issue

News For Nonprofits

 

Voters Support Clear Rules for Political Activities

 

Voters overwhelmingly want clear rules defining allowable political activities for nonprofits, according to a survey of likely November 2014 voters. Respondents supported better-defined rules by a 2-1 margin, even when faced....(Read More)

 

 

 

"Gilbert Associates consistently provides top-notch service while engaging our staff in a professional and friendly manner. We appreciate the partnership we've developed."

 

-East Bay Zoological Society


FEBRUARY 2015

 

Have you taken a good look at your employee handbook lately? An employee handbook or "employee manual" paints a picture of the nonprofit that employees will be working for, how that organization treats them, and what it expects from them. In the long run, it can help protect a nonprofit against a range of liabilities. Regardless of size, all nonprofits should offer employees a handbook that's clear, current and complete. 


Cash flow is what makes the world of business - and nonprofit organizations - go round. Ensuring that an organization has adequate cash on hand to meet its operating expenses requires cash management skills and accurate cash flow reports. We navigate through a number of steps in the creation of such a report, and describe how to use that data to the organization's advantage.


If you need further assistance with any of the topics discussed in this issue, please contact us today, we are here to help! 


 

Keeping it Current - Is it Time to Update Your Employee Handbook?
  

New employees, in their first week on the job, typically page through their organization's employee handbook or "employee manual." What they see paints a picture of the nonprofit they'll be working for, how that organization treats employees, and what it expects from them.


 
In the short run, an employee handbook sets the stage for many scenarios, from vacation requests and maternity leaves to performance reviews and termination procedures. Knowing the rules can prevent surprise, confusion and resentment on both sides of the table as certain situations and outcomes materialize....(Read More)

Manage Your Nonprofit's Financial Ebb and Flow

 

Cash flow is what makes the world of business - and nonprofit organizations - go round. Ensuring that your organization has adequate cash on hand to meet its operating expenses requires cash management skills and accurate cash flow reports.

 

Cash flow management involves analyzing cash inflows and outflows based on the timing of receipts and payments. It's more than taking your annual budget figures and dividing by 12 to come up with a static, monthly amount - this won't give you an accurate snapshot of your cash flow. Consider an annual event. If it's a spring gala, costs rise in April and May as you plan, and pay for, the event...(Read More)

The Problem:

 

Conservation Strategy Group (CSG) has a rock-solid administrator who knows their business inside and out but isn't a trained accountant. While she had knowledge of QuickBooks, she still wasn't comfortable that she was doing everything the right way. The anxiety and stress was even more pronounced because there was no one to turn to for help in her office. Then, her IT consultant recommended Gilbert and the GilbertFIT solution for accounting support...(Read More)