Many nonprofits make a serious error in thinking that the annual reporting of how the sector’s doing is predictive of the future. In reality, external factors such as changes in the economy, donor expectations, and leadership, have a much more significant impact on a nonprofit’s future performance.
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As offices reopen, organizations need to decide how remote work will fit into their business strategy. Because remote work carries unique risks and challenges when it comes to tax and compliance issues, adopting a proactive approach can help nonprofits avoid these headaches.
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