Showing Tag: "nonprofit" (Show all posts)

Major Challenges Facing Nonprofits

Posted by Blair E. Thomas on Wednesday, November 24, 2010, In : Non-Profits 
Information abstracted from regional and national studies concerning the challenges facing nonprofits indicates that several issues are shared as concerns for nonprofit leaders. Board development and fundraising and are the main issues for nonprofits with a secondary emphasis on difficulties related to improving operations and more effectively managing resources.

EMERGENT THEMES

Some fundamental concerns were commonly identified in the studies, which surveyed nonprofit executive directo...


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The Benefits of Obtaining 501(c)(3) Tax Exemption

Posted by Blair E. Thomas on Sunday, November 7, 2010, In : Non-Profits 
"Nonprofit organizations that dedicate their resources to charitable, religious, scientific, or educational purposes may apply for 501(c)(3) federal tax exemption as a public charity. Successful 501(c)(3) public charity applicants enjoy many benefits not available to unclassified organizations. This fact sheet explains some of those benefits and briefly describes the 501(c)(3) application process.
501(c)(3) organizations:
. Do not pay federal corporate income tax except on income derived from u...
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The Problem With Nonprofits

Posted by Blair E. Thomas on Wednesday, November 3, 2010, In : Non-Profits 

The deck often seems to be stacked against nonprofit organizations. No one doubts their work is important—whether it's running a homeless shelter, an after-school program, or a worldwide campaign against hunger—but nonprofit jobs, with their long hours and low salaries, have always required a certain amount of sacrifice. A sobering study released yesterday, the largest survey ever of nonprofit employees, reveals surprisingly widespread dissatisfaction with the way many nonprofits a...


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About Me


Blair E. Thomas I graduated from Penn State University with a degree in Accounting and took my first position as an Accountant for Quincy Villages, a Continuing Care Retirement Community (CCRC) and acquired many skills while learning about the operations of non-profit organizations. At Quincy I developed an internal audit program from scratch, accounted for a $3 million expansion project and directed the implementation of a fixed asset software system. I also prepared annual Medicare cost-reimbursement reports that took qualified direct and indirect expenses and allocated them to the skilled and intermediate nursing care cost centers through the use of a "step-down method". Once I passed the CPA exam in 1994 I took a position as Accounting Manager for Wesley Affiliated Services, Inc. in Mechanicsburg, PA. who four years later merged with Asbury Services, Inc. located in Gaithersburg, MD. While at Wesley I played a significant role in the merger of the two organizations through heavy participation in the due diligence process and serving on cross-functioning teams. In 1999 Asbury retained me as their Finance Manager to transition and integrate the financial operations and accounting records of Wesley Affiliated Services, Inc. down to Gaithersburg, MD. In 2001 I took a position as an Accounts Manager where I provided controller services to several scientific societies. I was promoted to Senior Accounts Manager in 2007 as a reward for my work on another merger between two scientific organizations to form American Society for Nutrition in 2006 with combined net assets of $10 million. In September 2008 I was approached and recruited by the newly merged ASN to become their Controller and establish and build their finance department from the ground up.

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