The Importance of Cybersecurity Resiliency for Nonprofit Organizations

Cybersecurity resiliency is important for nonprofits. An organization that has strong cybersecurity resiliency protects its sensitive data and ensures that it can fulfill its mission without interruption.

2025-01-02T15:53:22-05:00December 19, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: |

Navigating Compliance and Regulatory Risks for Nonprofits

Nonprofit organizations have unique missions and purposes, often dedicated to bettering society. However, even the best-intentioned organizations can face significant compliance and regulatory risks if they’re not proactive in managing their responsibilities. Explore three major areas of compliance risk and strategies to help nonprofits navigate them effectively.

2024-11-26T13:41:22-05:00November 27, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: , |

Navigating Strategic Risk in Nonprofit Organizations

Three major areas where strategic risk commonly arise for nonprofits are the inability to adapt to external shifts, the misalignment of programs with the organization’s mission, and a lack of innovation. Here’s a closer look at each, along with strategies to help nonprofits thrive despite these challenges.

2024-11-26T11:32:32-05:00November 26, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: , |

Mitigating Legal Risks in Nonprofit Organizations: Key Areas to Address

Nonprofits are exposed to legal risks that could have substantial financial and reputational impacts. Recognizing and managing these risks is crucial to maintaining trust with funders, partners, and the communities served. Here’s a look at three common areas of legal risk for nonprofits and how they can be effectively mitigated.

2024-11-22T10:09:54-05:00November 22, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: , |

OMB Compliance Supplement: What to Know about Part 7

Single audits are essential for ensuring that organizations managing federal funds adhere to compliance requirements. While many programs are covered by specific rules in the OMB Compliance Supplement, others are not, requiring auditors to rely on Part 7 of the supplement. Learn more on what you should know about Part 7.

2025-01-22T14:51:55-05:00November 19, 2024|Categories: Audit & Assurance, Not-for-Profit|Tags: |

Managing Programmatic Risk in Nonprofit Organizations: Key Considerations for Success

Nonprofits face specific risks that can impede their ability to succeed. Among these are programmatic risks—issues that arise when program outcomes are not met, service quality falls short, or demand for services changes unpredictably. Let’s dive into the essential programmatic risks nonprofits face and strategies to address them.

2025-03-12T15:45:37-04:00November 19, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: , |

External Environmental Risks in Nonprofits: Navigating Economic, Political, and Natural Challenges

External environmental risks are inevitable, but with proactive planning and adaptability, nonprofits can continue to thrive despite economic downturns, political changes, or natural disasters. Learn how to mitigate these risks and remain resilient in the face of uncertainty.

2024-11-14T15:23:54-05:00November 6, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: |

Understanding Operational Risk in Nonprofits: Key Challenges and How to Address Them

Learn about the unique set of operational risks that nonprofit organizations face and how they can significantly impact their ability to serve their communities and achieve their mission.

2025-03-12T15:48:09-04:00November 5, 2024|Categories: Not-for-Profit, Risk Advisory|Tags: , |
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