Non-profit Industry Guide

Learn about the unique set of human capital management challenges in the nonprofit industry and how IDI's suite of solutions can help meet those needs.

Articles

What is a grant?
If you’re a non-profit organization and you are at least partially funded by grant money, then you are subject to accountability to the funding source that awarded you the grant.   A grant is an award of financial resources, or funds, by...
How are non-profits funded?
If you’re a nonprofit organization your funding may be associated with a grant, a contract, or a program requiring reporting to track employee labor and non-labor expenses.  When funds are awarded to you by another entity, whether a gover...
Do non-profits need to comply with FLSA guidelines?
While most nonprofits have salary employees, many do employ hourly workers and are subject to FLSA guidelines when paying overtime.   The Fair Labor Standards Act (FLSA) is part of the Davis-Bacon Act, a labor law enforced by The United States...
How are awarded funds budgeted and managed?
If you’re a nonprofit organization your funding may be associated with a grant, a contract, or a program requiring reporting to track employee labor and non-labor expenses.  When funds are awarded to you by another entity, whether a gover...
How can non-profits calculate employee benefits, or fringes, across funds?
If you’re a nonprofit organization your funding may be associated with a grant, a contract, or a program requiring reporting to track employee labor and non-labor expenses.  When funds are awarded to you by another entity, whether a gover...
What are common accounting systems non-profits use?
In addition to a payroll system for paying employees, most non-profits use a separate accounting system to manage their organization's financials (general ledger, invoicing, accounts payable, etc.).   Common accounting systems used in the ...
How have the 2018 tax changes impacted non-profits?
The 2017 Tax Cuts and Jobs Act (the TCJA) will likely have a significant impact on non-profits.  Most of the changes took effect on January 1, 2018.  The key changes impacting a non-profit's financials are outlined below. The UBTI (Un...