How do I protect my Big Gay business?
We are so glad you asked! Whether you are part of the 2SLGBTQIA family or not*, it is important to consider the following certification for your business: Key Steps for Business Protection Get Certified as an LGBTBE: Apply for Certified LGBT Business Enterprise (LGBTBE) status through the National LGBT Chamber of Commerce (NGLCC). This gives […]
Understanding Indirect Cost Rates – 7 Things You Need to Know
What in the world is an indirect cost rate? You’re probably leaving HUGE money on the table! Most nonprofits recover little to no overhead costs from grants, meaning unrestricted donations subsidize grant-funded programs. An approved indirect cost rate could unlock $50,000 to $500,000+ annually in legitimate reimbursements you’re currently not claiming. Indirect costs are NOT […]
Year End Giving Letter Template
Why Send End-of-Year Donation Letters for ALL Cash Gifts Every donor deserves heartfelt thanks! Whether someone gave $10 or $10,000, they chose YOUR organization and made a sacrifice to support your mission. Generosity should always be acknowledged and celebrated. It’s the law for gifts of $250 or more – The IRS requires written acknowledgment for donors […]
IN-KIND Donation Template
Why Acknowledge In-Kind Donations (And Get the Documentation Right!) In-Kind Donation Definition: In-kind donations are non-monetary contributions that can include tangible goods, intangible assets, or professional services. Tangible examples include office supplies, furniture, clothing, food, equipment, while intangible contributions may involve software, patents, or the temporary use of property such as event space or office […]
Why is tax planning essential for your business?
Why Tax Planning is Essential for Your Business Running a business comes with many responsibilities, and managing your taxes wisely is one of the most important among them. Without a proper tax strategy, businesses often end up paying far more than necessary, leaving less money for growth and operations. At nipipani accounting & advisory services, […]
Budget Template
Why Create Budgets for Grants and Projects – 7 Key Benefits It shows funders you’ve done your homework! A detailed, realistic budget demonstrates that you’ve thought through exactly what it takes to execute your project successfully—funders want to invest in organizations that plan strategically, not those winging it with vague cost estimates. You’ll know immediately […]