Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Join LANO!
Search LANO.org
Member News & Events Blog
Blog Home All Blogs
Sharing the news, tips, press releases, special offers and upcoming events posted by LANO members. Share your good news here! Feel free to cross post the blog links to your Facebook or other media pages, or to email them directly to friends.Please allow 1-2 business days for your blog to appear on the network.

 

Search all posts for:   

 

Top tags: Fundraising  nonprofit  non-profits  New Orleans  CausePlanet  fund development  louisiana  grants  fund raising  training  workshop  Page to Practice  funding  nonprofit sector  development  donations  donors  grantwriting  fund  grant writing  funds  Execute Now!  Member Event  sustainability  grant  boards  Finance Fundamentals  workshop. grants  volunteers  online fundraising 

LA Delta Service Corps is seeking nonprofits to host AmeriCorps members!

Posted By Tasha L. Cooper, Louisiana Association of Nonprofit Organizations, Tuesday, April 11, 2017

The Louisiana Delta Service Corps, a local AmeriCorps program, is now accepting applications from non-profit organizations to host an AmeriCorps member for the upcoming service term that will begin on September 1st.

 

To qualify, organizations must be able to provide a meaningful project, supervision and mentorship, a cash match and provide training and networking opportunities. Corps members provide capacity building services to improve the efficiency and effectiveness of local agencies. They can manage volunteers, provide program outreach and education, work to improve your social media and technology platforms or start new initiatives.

 

Applications are due April 28th. Call 225-930-9949 or visit ladeltacorps.org for more information. 

This post has not been tagged.

Share |
PermalinkComments (0)
 

New Statewide Agreed-Upon Procedures for Quasi-Public Entities, including Non-Profits

Posted By Tiffani Dorsa, CPA, Postlethwaite & Netterville, Monday, April 10, 2017

The Louisiana Legislative Auditor has prescribed statewide agreed-upon procedures for governmental and quasi-public entities, including non-profits. These procedures are effective beginning with those entities that have a June 30, 2017 fiscal year-end and are only required to be performed when the entity must have an audit in accordance with LA R.S. 24:513 (the audit law).

The procedures are directed toward specific areas of operations where fraud and abuse, noncompliance, or internal control deficiencies have been found to be at higher risk by the Legislative Auditor. Such areas include credit card purchases, contracting, travel costs, ethics law matters and others. These agreed-upon procedures (AUPs) are intended to represent a minimum level of additional work to be performed. These procedures may be considered to be “complementary” rather than “additive,” depending on the extent to which previous audits considered these areas in development of the auditor’s opinion on the financial statements as required by generally accepted auditing standards.

How does this affect you and your entity?

As a non-profit these procedures may or may not apply to you.  It will depend on whether you meet the definition of a quasi-public agency. A quasi-public entity is considered an agent of public entities. In other words, the quasi-public stands in the shoes of public entities, performing governmental functions. The quasi-public, therefore, must report in detail on the public funds it receives and how those funds are expended. If public funds are commingled with private funds, a quasi-public must report all funds it receives. 

Quasi-public defined – do I meet the definition?

For your consideration in determining whether you are a quasi-public agency, a quasi-public agency is defined as follows:

  • An organization, either non-profit or for profit, created by the state of Louisiana or any political subdivision or agency thereof, any special district or authority, or unit of local government to perform a public purpose.
  • An organization, either non-profit or for profit, that is a component unit of a governmental reporting entity, as defined under generally accepted accounting principles.
  • An organization, either non-profit or for profit, created to perform a public purpose and having one or more of the following characteristics:
    • The governing body is elected by the general public.
    • A majority of the governing body is appointed by or authorized to be appointed by a governmental entity or individual governmental official as a part of his official duties.
    • The entity is the recipient of the proceeds of an ad valorem tax or general sales tax levied specifically for its operations.
    • The entity is able to directly issue debt, the interest on which is exempt from federal taxation.
    • The entity can be dissolved unilaterally by a governmental entity and its net assets assumed without compensation by that governmental entity.
  • Any non-profit organization that receives or expends any local or state assistance in any fiscal year. Assistance shall include grants, loans, and transfer of property, awards, and direct appropriations of state or local public funds. Assistance shall not include guarantees, membership dues, vendor contracts for goods and services related to administrative support for a local or state assistance program, assistance to private or parochial schools, assistance to private colleges and universities, or benefits to individuals.
  • Any organization, either non-profit or for profit, which is subject to the open meetings law and derives a portion of its income from payments received from any public agency or body.

You are a quasi-public entity – which funds should be included for these procedures?

For non-profit entities that are considered to be quasi-public entities, only those AUPs relevant to public monies (and only to the extent that the AUPs are applicable) are required to be included in the scope of the AUP engagement. For example, if a nonprofit receives $10 million in non-public funds and also receives $600,000 in public funds, only the $600,000 would be subject to these AUPs if the funds are not otherwise commingled. In this example, if the non-profit did not use the $600,000 in public funds for payroll or travel expenses, the portions of the AUPs relating to these areas are not required to be included in the scope of the AUP engagement or report.  If, however, these funds were commingled, and a separate accounting is not maintained by the organization these agreed upon procedures should be applied to all funds of the organization. For example, if a nonprofit receives $10 million in non-public funds and also receives $600,000 in public funds, all $10,600,000 of funds would be subject to these AUPs and all related procedures as it relates to all expenses of the organization are would be considered in the populations used in performing them. 

Ultimate effect – what can I anticipate as a result of these procedures?

These procedures may increase the time and effort required to complete the audit and potentially its costs. Additionally, since the auditor’s scope is now enhanced, increased detection by the auditor of fraud, abuse, noncompliance and internal control matters could occur. You should review the agreed-upon procedures closely to address areas of operations and internal controls subject to the procedures.

Read the Agreed Upon Standard Procedures

This post has not been tagged.

Share |
PermalinkComments (0)
 

How to turn your words in money!

Posted By Amy Warner, CausePlanet, Tuesday, April 4, 2017

 

 

 

Your Words Mean Money.

 

Learn what works and what doesn’t with donors from one of America’s top fundraising writers.

 

Jeff Brooks’ How to Turn Your Words Into Money is a nonprofit writer’s new ally with the latest guidelines for creating the most effective messages to persuade your reader. Brooks explains what fundraising is not and what it should be. He does so in a way that tells you exactly what to avoid and what to try in your next attempt to sway your audience.

 

In spite of all the attention new fundraising strategies attract, raising money via the written word is still one of the most effective strategies you wield as a nonprofit. In fact, your messages are now played out in more ways than we ever dreamed. It’s never been more pressing to get a handle on your writing style and how it triggers a donor to give via mail or online.

 

Brooks has a superior track record in this realm and his book shares a bounty of insider knowledge. Also, a fair amount is appropriately dedicated to the many ways you can create a compelling story even when you’re stumped. How to Turn concludes with what every fundraiser needs: universal assumptions we know about donors and some helpful advice to keep you inspired.

 

Click this link to learn more: http://www.causeplanet.org/pagetopracticelibrary/detail.php?id=161

 

 

Questions? Email us at Support@CausePlanet.org.

 

 

 

This post has not been tagged.

Share |
PermalinkComments (0)
 

US LABOR DEPARTMENT TO HOST FREE SEMINAR TO HELP NEW ORLEANS’ EMPLOYERS, OTHERS UNDERSTAND FEDERAL PREVAILING WAGES, BENEFITS REQUIREMENTS

Posted By Tasha L. Cooper, Louisiana Association of Nonprofit Organizations, Tuesday, April 4, 2017

Who: U.S. Department of Labor’s Wage and Hour Division
U.S. Department of Labor’s Employee Benefits Security Administration
National Labor Relations Board
U.S. Equal Employment Opportunity Commission
U.S. Department of Labor’s Office of Federal Contract Compliance Programs
U.S. Department of Labor’s Occupational Safety and Health Administration
U.S. Department of Labor’s Veterans’ Employment and Training Service
U.S. Small Business Administration
Louisiana Workforce Commission’s Office of Unemployment Insurance Administration

What: Prevailing wage seminar in New Orleans

When: April 11-13, 2017

Where: Sheraton New Orleans Hotel
500 Canal St.
New Orleans, LA 70130

Background: The Wage and Hour Division’s Prevailing Wage Seminar is a free, three-day compliance training event designed for regional stakeholders (private contractors, state agencies, unions, federal agencies and workers). At these seminars, conference participants will learn about:

  • Davis-Bacon and Related Acts.
  • McNamara O’Hara Service Contract Act.
  • Executive Order 13495 “Nondisplacement of Qualified Workers.”
  • Executive Order 13658 “Establishing a Minimum Wage for Contractors.”
  • The process of obtaining wage determinations and adding classifications.
  • Compliance assistance and enforcement processes.
  • The process for appealing wage rates, coverage, and compliance determinations.

Stakeholders and employers who wish to attend this event need to register here.

For any questions please send email to: WHD-PWS@dol.gov.

WHD News Release: 
04/03/2017

This post has not been tagged.

Share |
PermalinkComments (0)
 

LANO’s Transformational Leadership Retreat is just around the corner, April 4-5! Here’s a helpful resource you can take along with you.

Posted By Amy Warner, CausePlanet, Wednesday, March 29, 2017

 

 

 

 

 

LANO’s Transformational Leadership Retreat is just around the corner, April 4-5! Here’s a helpful resource you can take along with you.

 

Want to change up your Monday and empower your team? It takes nine minutes.

 

Empower your employees without adding hours to your plate. The nine principles found in this book summary will ignite the engagement, motivation, morale and trust among you team members and will result in greater efficiency and higher levels of productivity.

 

When it comes to motivating your staff members and bringing out their best, there is no magic bullet, because great leadership is more about the small things done consistently than some huge one-time initiative.

 

Nine Minutes is a manageable way for leaders to incrementally adopt each of author James Robbins’ recommended minutes and incorporate them slowly into their weekly schedules. Not many books promise the kind of change Robbins does with such a relatively small amount of time.

 

Click this link to learn more: http://www.causeplanet.org/summarystore/product_info.php?products_id=123

 

 

Questions? Email us at Support@CausePlanet.org.

 

This post has not been tagged.

Share |
PermalinkComments (0)
 

The Value of Donated Property Is in the Eye of the Marketplace

Posted By Celeste Viator, Hannis T. Bourgeois, LLP, Tuesday, March 28, 2017

Not-for-profit organizations often struggle with valuing non-cash and in-kind donations, including the value of houses and other real estate. Whether for recordkeeping purposes or when helping donors understand proper valuation for their charitable tax deductions, the task isn't easy.

The Appraisal Issue

Potential donors might be deterred because of the hassle involved in getting non-cash donations appraised. Yet appraisals generally aren't needed for items of property for which the donor will claim a deduction of $5,000 or less.

Donors who deduct more than $500 for any single item of clothing or any household item that isn't in "good used condition" or better, however, must include a qualified appraisal with their income tax returns. In these cases, the donor should understand that the IRS will weigh the appraisal based on the report's completeness and the appraiser's qualifications and demonstrated knowledge of the donated property. The agency requires appraisals to provide all facts applicable to giving an "intelligent judgment" of the property's value, such as purchase price and comparable sales.

The IRS and courts are requiring donors to follow the requirements for appraisals — even when the value of the property is certain.

Although the amount that a donor can deduct generally is based on the donation's fair market value (FMV), there's no single formula for calculating FMV for every type of gift. (Note: A donor can't claim a tax deduction for the contribution of services. Thus, this article focuses on valuing gifts of property for tax purposes rather than financial accounting purposes.)

 

FMV Basics

 

The IRS defines FMV as the price that property would sell for on the open market. For example, if a donor contributes used clothes, the FMV would be the price that typical buyers actually pay for clothes of the same age, condition, style and use.

If the property is subject to any type of restriction about its use, the FMV must reflect that restriction. Say a donor contributes land to your not-for-profit and restricts its use to agricultural purposes. The land must be valued for agricultural purposes, even though it would have a higher FMV for residential purposes if used to build homes.

Ultimately, FMV must consider all facts and circumstances connected with the property, such as its desirability, use and scarcity.

 

3 FMV Factors

 

According to the IRS, there are three particularly relevant factors in determining FMV:

 

1. Cost or selling price. The cost of the item to the donor or the actual selling price received by your organization may be the best indication of the item's FMV. Because market conditions can change, though, the cost or price becomes less important the further in time the purchase or sale is from the date of contribution.

 

For example, you may have paid $2,000 for a top-of-the-line computer in 2012. But that computer certainly isn't worth $2,000 anymore because it's no longer top of the line. It may still have some value, though.

 

A documented arm's-length offer to buy the property close to the contribution date may help prove its value to the IRS. The offer must have been made by an independent, unrelated party willing and able to complete the transaction.

 

2. Comparable sales. The sales price of a property similar to the donated property often is critical in determining FMV. The weight that the IRS gives to a comparable sale depends on:

  • The degree of similarity between the property sold and the donated property,
  • The time of the sale (whether it was close to the valuation date),
  • The circumstances of the sale (was it at arm's length?), and
  • The market conditions at the time of the sale.

The degree of similarity must be close enough that reasonably well-informed buyers or sellers of the donated property would have considered that selling price. The greater the number of similar sales for comparable selling prices, the stronger the evidence of the FMV.

It's important, though, that the transactions take place in an open market. If the sales were made in a market that was artificially supported or stimulated, they might not be representative or indicative of the FMV. For example, liquidation sale prices typically don't indicate FMV.

 

3. Replacement cost. FMV should consider the cost of buying, building or manufacturing property similar to the donated item after a reduction for the age and depreciation of the property being donated. But the replacement cost must have a reasonable relationship to the FMV. And if the supply of the donated property is more or less than the demand for it, the replacement cost becomes less important to FMV.

 

Gifts of Inventory

 

If a business contributes inventory, it can deduct the smaller of its FMV on the day of the contribution or the inventory's basis. (The basis of donated inventory is any cost incurred in an earlier year to purchase or create the inventory that the business would include in its opening inventory for the year of the contribution.) If the cost of donated inventory isn't included in the opening inventory, its basis is zero and the business can't claim a charitable deduction. Instead, the cost of the donated inventory will be included in current year cost of goods sold, showing zero as the corresponding sale.

Special rules apply to donations of food inventory to a qualified organization. The food you donate must be wholesome and intended for human consumption even if it may not be marketable at the time of the donation. A business may get a tax deduction that includes up to one-half of the profit margin it would have received if the food had been sold on the date of the donation. For assistance with the detailed calculations, check with your tax adviser.

 

An Important Reminder

 

Even if a donor can't take a tax deduction for a non-cash or in-kind donation (usually a piece of tangible property or property rights), you may need to record the donation on your financial statements. Recognize such donations (including the donation of services) at their fair value, or what it would cost if your not-for-profit were to buy the donation outright from an unrelated third party.

                                    

This post has not been tagged.

Share |
PermalinkComments (1)
 

Attending LANO’s Transformational Leadership Retreat April 4-5? This book summary can be a helpful resource.

Posted By Amy Warner, CausePlanet, Wednesday, March 22, 2017

 

 

Attending LANO’s Transformational Leadership Retreat April 4-5? This book summary can be a helpful resource, too.

 

How to focus on your leadership priorities, no matter how busy you are.

 

Empower your employees without adding hours to your plate. The nine principles found in this book summary will ignite the engagement, motivation, morale and trust among you team members and will result in greater efficiency and higher levels of productivity.

 

When it comes to motivating your staff members and bringing out their best, there is no magic bullet, because great leadership is more about the small things done consistently than some huge one-time initiative.

 

Nine Minutes is a manageable way for leaders to incrementally adopt each of author James Robbins’ recommended minutes and incorporate them slowly into their weekly schedules. Not many books promise the kind of change Robbins does with such a relatively small amount of time.

Click this link to learn more: http://www.causeplanet.org/summarystore/product_info.php?products_id=123

 

 

Questions? Email us at Support@CausePlanet.org.

 

 

This post has not been tagged.

Share |
PermalinkComments (0)
 

Nominate someone for the 2017 Angel Award!

Posted By Tasha L. Cooper, Louisiana Association of Nonprofit Organizations, Wednesday, March 22, 2017

 

 

We’re looking for eight everyday Louisianans who do extraordinary good for Louisiana’s children. If you know someone who has made a difference in the life of kids, nominate them for the 2017 Angel Award.

 

Each Angel Award honoree receives a $20,000 grant to the charity of his or her choice and ongoing assistance from the Blue Cross and Blue Shield of Louisiana Foundation

 

The deadline to nominate a potential Angel is April 14, 2017.

 

 

Nominate an Angel Online>>

 Attached Thumbnails:

This post has not been tagged.

Share |
PermalinkComments (0)
 

Join the Fundraising Intensive Program!

Posted By Nora Ellertsen, The Funding Seed, LLC, Saturday, March 18, 2017
Applications are now open for the Fundraising Intensive Program's 2017-2018 class!

The Fundraising Intensive Program is an eight month course that helps your nonprofit develop practical skills and raise more money.

Click HERE to learn more and apply!!

Over the course of the program, participants meet monthly for group discussions on specific fundraising topics, receiving hands-on homework assignments designed to put new skills and ideas to work. Following the group session, each participating organization receives individual coaching that helps put those ideas into action.

Topics covered during the program include:
Creating a Fundraising Plan
Telling a Powerful Story
Individual Donor Development
Major Donors
Fundraising by Mail and Email
Fundraising Events: House Parties

The course is designed so that you will learn by doing, and actively raise funds while you complete the coursework. Past participants report a marked increase in the funds raised during the course of the program.

Want to learn more? Join us for a FREE information session on the program, April 26, 5:30pm - 6:30pm at Broadmoor Arts & Wellness center, 3900 General Taylor, New Orleans. REGISTER HERE for info session. ** Attendees will receive a special discount code for $100 off program tuition. **

If you would like to speak with someone about your organization's participation in the Fundraising Intensive Program, email info@thefundingseed.com or call (504) 307-7220.

Tags:  boards  development  donations  donor management  donor retention  donors  Finance Fundamentals  foundations  fund  fund development  fund raising  funding  fundraiser  Fundraising  funds  grant  grant writing  grantwriting  LANO Network  leadership  New Orleans  nonprofit  nonprofit sector  non-profits  online fundraising  social fundraising  social media  training  workshop  workshop. grants 

Share |
PermalinkComments (0)
 

Special LANO Discount for Cause Camp

Posted By Terence Delaine Jr, Louisiana Association of Nonprofit Organizations, Thursday, March 9, 2017

LANO and its membership has received a special discount for Cause Camp, The Definitive Nonprofit Conference.

 

Cause Camp is two full days of inspiration and education from some of the biggest names in the nonprofit and for-profit sectors, causing you to truly change the way you view the sector and evolve the way an organization is run. This is no excuse to leave the office for a couple days, this is an all-inclusive experience. You'll leave with the tools to tackle any issue you may have, new perspectives and a deeper circle of those also looking to achieve new heights.

 

The Cause Camp flag is raised and proudly flown in Lincoln, Nebraska for two full-days, March 27-28. Can’t make it to the capital city in-person? They live-stream the two days in its entirety, so you can watch from the comfort of your home or office.

 

To register yourself or others with our special discount, click here.

 Attached Thumbnails:

This post has not been tagged.

Share |
PermalinkComments (0)
 
Page 5 of 95
1  |  2  |  3  |  4  |  5  |  6  |  7  |  8  |  9  |  10  >   >>   >| 
more Calendar

10/17/2017 » 1/17/2018
Volunteer Louisiana Champions of Service Award Nominations

Association Management Software Powered by YourMembership  ::  Legal