The Moran Company Executive Search’s Post

Running a nonprofit? Aid the safety of your funds with First Independent Bank’s fraud protection solutions. Learn about Check Positive Pay and third-party audits in our latest article, “4 Money-Saving Tips to Empower Your Mission as a Nonprofit Organization.” Read the full article here: https://bit.ly/3IV1CXV #CommercialBanking #Nonprofits #BankingInsights

Running a nonprofit? Aid the safety of your funds with Bank of Nevada’s fraud protection solutions. Learn about Check Positive Pay and third-party audits in our latest article, “4 Money-Saving Tips to Empower Your Mission as a Nonprofit Organization.” Read the full article here: https://bit.ly/4ahWc59 #CommercialBanking #Nonprofits #BankingInsights

When's the last time a professional reviewed your nonprofit's internal controls? Weak internal controls leave you vulnerable to fraud and could leave it undetected for years. The Association of Certified Fraud Examiners (ACFE) was kind enough to identify these weaknesses that afflict nonprofits. Full graphic report here: https://lnkd.in/g-qkYcdb #nonprofit #InternalControls

Running a nonprofit? Ensure the safety of your funds with Alliance Bank’s fraud protection solutions. Learn about Check Positive Pay and third-party audits in our latest article, “4 Money-Saving Tips to Empower Your Mission as a Nonprofit Organization.” Read the full article here: https://lnkd.in/ea3bTAKu

ICYMI: Last month, nonprofits in Montana reported a surge in donor check scams. What’s the scam? An organization receives an unexpected donation of around $200,000 to honor someone’s late mother. The cashier’s check looks legitimate, so they cash it. Within a few days, the same donor emails to say there has been a mistake – the donation should have been $100,000 – and could the organization refund the remainder? Meanwhile, the cashed check bounces and the organization is out $100,000. The cases across Montana in February are an important reminder for all nonprofits to always verify donors rigorously and not send immediate refunds. If approached, report incidents to the relevant authorities such as: Your Attorney General’s office: https://buff.ly/3TIUMe0 Internet Crime Complaint Center: https://buff.ly/4co0PvW Stay vigilant and protect your organization! #NonprofitSafety #ScamAlert #Donors

Understanding Fundraising Activities: A Comprehensive Guide for Nonprofit Organizations In the nonprofit ecosystem, fundraising is vital, supported by transparency. IRS mandates ensure integrity, thwart fraud, and fortify public trust. https://lnkd.in/g6tbz9vR #FinancialBusinessGuides #communityservice #ethicalgiving #IRSrequirements

Unfortunately, protecting yourself from fraud has become a normal occurrence in our daily lives, and it’s no different for the life of your nonprofit. As nonprofit fraud schemes continue to evolve, it’s imperative that you stay vigilant and informed so that you don’t risk falling victim. Learn more about the different types of nonprofit fraud and how to spot them ahead of time in our newest blog post: https://loom.ly/LHUcU08 Good Steward Financial has been serving the non-profit community since 2018 | 336-347-3851 #goodstewardfinancialco #GSFC #nonprofitaccounting #nonprofitbookkeeping #virtualbookkeeping #nonprofitorganizations #nonprofits

Trust tends to be the biggest potential #fraud weakness for nonprofits. But by beefing up certain internal controls, you can continue to operate like a happy family and still reduce employee-perpetrated fraud. Learn more: https://ow.ly/U6la50PQPPz #internalcontrols #nonprofit

Is your nonprofit organization looking to enhance security measures but struggling to find the necessary funds? This guide to nonprofit security grants offers valuable insights and practical tips to navigate grant funding: https://bit.ly/44wojeI #SecurityGrants #NonProfitSecurity

Fraud can be costly for nonprofits. The median loss from fraud was $85,000 at religious, charitable, and social service organizations studied in the Association of Certified Fraud Examiners (ACFE) 2024 occupational fraud report. We understand the unique fraud risks nonprofits face. Check out our fraud resources and services to learn more: https://hubs.la/Q02yGkSh0 #Nonprofits #Church #FraudPrevention