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VIDEO PODCAST: Using Lines of Credit to Address Cash Flow Issues [SUBSCRIBERS-ONLY]
Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Using Lines of Credit to Address Cash Flow Issues [SUBSCRIBERS-ONLY]

Ben and Mike discuss lines of credit and other forms of debt, whether a line of credit can be an appropriate tool to help nonprofit organizations manage cash flow, some issues to consider before taking out a line of credit, and the importance of addressing the root causes of an organization's cash flow shortfall.

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VIDEO Q&A for Subscribers: November 2024 [SUBSCRIBERS-ONLY]
Video Q&As, Subscribers-Only, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis Video Q&As, Subscribers-Only, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO Q&A for Subscribers: November 2024 [SUBSCRIBERS-ONLY]

Ben and Mike answer questions from subscribers about the spending of operating reserves, conflicts of interest related founders of a nonprofit becoming staff, deciding between filing the Form 990-EZ and the Form 990, and legal issues raised by the moving of funds between related organizations.

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VIDEO PODCAST: Assessing Independent Contractor vs. Employee Status [SUBSCRIBERS-ONLY]
Videos, Podcasts & Discussions, Subscribers-Only A. Michael Gellman (CPA, CGMA) & Benjamin Takis Videos, Podcasts & Discussions, Subscribers-Only A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Assessing Independent Contractor vs. Employee Status [SUBSCRIBERS-ONLY]

Mike and Ben discuss the legal standards for determining whether a nonprofit organization is permitted to a treat a worker as an independent contractor rather than an employee, the risks of worker misclassification and the different ways this issue can come to light, the reformulated IRS “20-factor” test, common mistakes and misconceptions about these rules, and more.

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VIDEO Q&A for Subscribers: October 2024 [SUBSCRIBERS-ONLY]
Subscribers-Only, Video Q&As, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Video Q&As, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO Q&A for Subscribers: October 2024 [SUBSCRIBERS-ONLY]

Ben and Mike answer questions from subscribers about managing staff concerns about the additional workload that may come from forming a new subsidiary or related entity, mid-year amendments to the annual budget, whether an organization should restore its good standing as a corporation prior to dissolving, and the distinction between restricted funds and Board-designated funds.

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VIDEO PODCAST: Drafting Independent Contractor Agreements [SUBSCRIBERS-ONLY]
Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Drafting Independent Contractor Agreements [SUBSCRIBERS-ONLY]

Ben and Mike discuss key issues nonprofits should consider when drafting independent contractor agreements for consultants and other service providers, including how independent contractor agreements impact worker classification, approaches to using and customizing template agreements, drafting compensation and scope of work terms, and more.

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VIDEO Q&A for Subscribers: September 2024 [SUBSCRIBERS-ONLY]
Videos, Video Q&As, Subscribers-Only A. Michael Gellman (CPA, CGMA) & Benjamin Takis Videos, Video Q&As, Subscribers-Only A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO Q&A for Subscribers: September 2024 [SUBSCRIBERS-ONLY]

Ben and Mike answer questions from subscribers about whether nonprofit organizations should require employees and Board members to provide receipts for small dollar expense reimbursements, tips for properly using executive sessions in Board of Directors meetings, and issues raised by nonprofits providing capacity building support to other nonprofits.

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VIDEO PODCAST: Board Meeting Tips for Nonprofits [SUBSCRIBERS-ONLY]
Subscribers-Only, Podcasts & Discussions, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Podcasts & Discussions, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Board Meeting Tips for Nonprofits [SUBSCRIBERS-ONLY]

Ben and Mike discuss tips and recommendations to help nonprofits make their Board meetings more efficient and impactful, including best practices related to advance notice and distribution of Board materials, creating a meeting agenda, use of a "consent agenda," and whether nonprofits should follow Robert's Rules of Order.

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VIDEO Q&A for Subscribers: August 2024 [SUBSCRIPTION PREVIEW]
Videos, Video Q&As, Subscribers-Only Videos and Resources Preview A. Michael Gellman (CPA, CGMA) & Benjamin Takis Videos, Video Q&As, Subscribers-Only Videos and Resources Preview A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO Q&A for Subscribers: August 2024 [SUBSCRIPTION PREVIEW]

Ben and Mike answer questions from subscribers about whether fixed assets and restricted funds can count toward a nonprofit organization's operating reserves, the pros and cons of taking over an existing 501(c)(3) organization rather than starting a new one, how abstentions are counted in a Board vote, and whether an organization should use a credit card or debit card.

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VIDEO PODCAST: Why Nonprofits Should Have Operating Reserves [SUBSCRIBERS-ONLY]
Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Why Nonprofits Should Have Operating Reserves [SUBSCRIBERS-ONLY]

Ben and Mike discuss the reasons why operating reserves are essential for the financial health and sustainability of nonprofit organizations, the short-term and long-term purposes of operating reserves, lessons learned from past economic disruptions, and some recommendations for operating reserve policies.

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VIDEO Q&A for Subscribers: July 2024 [SUBSCRIBERS-ONLY]
Subscribers-Only, Videos, Video Q&As A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Videos, Video Q&As A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO Q&A for Subscribers: July 2024 [SUBSCRIBERS-ONLY]

Ben and Mike answer questions from subscribers about the definition of cash basis accounting and its consequences, implications of Board term holdover language and legal remedies to hold organizations accountable for not following their Bylaws, the benefits of tracking volunteer hours and what this means for an organization’s Form 990 and financial statements.

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VIDEO PODCAST: Bylaws Tips for Nonprofits [SUBSCRIBERS-ONLY]
Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis Subscribers-Only, Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Bylaws Tips for Nonprofits [SUBSCRIBERS-ONLY]

Ben and Mike discuss tips and recommendations to help nonprofit organizations build better Bylaws, such as establishing a schedule for regular review of the Bylaws, complying with state law requirements, addressing Board meeting formalities, notice, and quorum requirements, clarifying term limits language, and more.

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VIDEO Q&A for Subscribers: June 2024 [SUBSCRIBERS-ONLY]
Video Q&As, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis Video Q&As, Videos A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO Q&A for Subscribers: June 2024 [SUBSCRIBERS-ONLY]

Ben and Mike answer questions from subscribers about the responsibility of a Board of Directors to fill vacancies and how vacancy appointments count towards term limits, the Board's responsibilities regarding the use of large unexpected gifts and bequests, whether Board service can be reported as an in-kind contribution, and the distinction between policies and procedures that apply to Board and the staff.

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VIDEO PODCAST: How and Why to Do Regular Financial Health Assessments for Your Organization [SUBSCRIBERS-ONLY]
Videos, Podcasts & Discussions, Subscribers-Only A. Michael Gellman (CPA, CGMA) & Benjamin Takis Videos, Podcasts & Discussions, Subscribers-Only A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: How and Why to Do Regular Financial Health Assessments for Your Organization [SUBSCRIBERS-ONLY]

Ben and Mike discuss the importance of performing regular financial health assessments for a nonprofit organization, understanding the key components of an organization’s financial health and the appropriate financial health markers to track, how the Financial Health Assessment and Implementation Framework worksheet can be a valuable tool for your organization, and more.

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Video Q&A for Subscribers: May 2024 [SUBSCRIBERS-ONLY]
Videos, Video Q&As A. Michael Gellman (CPA, CGMA) & Benjamin Takis Videos, Video Q&As A. Michael Gellman (CPA, CGMA) & Benjamin Takis

Video Q&A for Subscribers: May 2024 [SUBSCRIBERS-ONLY]

Ben and Mike answer questions from subscribers about Board liability exposure, deciding whether a new organization should have a broad or narrow focus, how receiving more than $50,000 in revenue impacts an organization’s Form 1023-EZ, and when nonprofits should think about changing audit firms.

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VIDEO PODCAST: Using a Single-Member LLC as a Nonprofit Subsidiary [SUBSCRIBERS-ONLY]
Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis Videos, Podcasts & Discussions A. Michael Gellman (CPA, CGMA) & Benjamin Takis

VIDEO PODCAST: Using a Single-Member LLC as a Nonprofit Subsidiary [SUBSCRIBERS-ONLY]

Ben and Mike discuss tax, legal, and strategic considerations related to the use of single member limited liability companies (LLCs) by nonprofit organizations, including how and why nonprofits use this type of subsidiary structure, tips for drafting the Articles of Organization and Operating Agreement, and other issues such as charitable solicitation registrations and donor acknowledgment letters.

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