In this episode of Nonprofit Horizons, host Bryce Lord dives into the recent changes to federal overtime rules that are shaking up the nonprofit sector. With new thresholds set by the U.S. Department of Labor, nonprofits face significant challenges in balancing fair compensation with limited budgets. Bryce breaks down what these changes mean, the potential impact on organizations and employees, and offers actionable strategies for nonprofits to ensure compliance while fostering a culture of fairness and sustainability. Tune in to stay informed and prepared as these regulations take effect. Show Notes: Key Topics Discussed: * Introduction to the new overtime rules and their impact on nonprofits. * The financial and administrative challenges posed by the new regulations. * The importance of fair compensation in nonprofit organizations. * Strategies for compliance, including employee reclassification, salary adjustments, time tracking, and policy updates. * The broader implications for employee morale, retention, and organizational sustainability. Resources: * U.S. Department of Labor – Final Rule on Overtime * National Council of Nonprofits – Impact of Overtime Rule on Nonprofits * HR Resources for Nonprofits * Time Tracking Tools for Nonprofits If you found this episode helpful, please subscribe to Nonprofit Horizons, share it with your network, and leave us a review. For more information or to ask questions, reach out to us directly a hbi-info@uwm.edu. Let's keep the conversation going on how to build a more sustainable and equitable nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Nonprofit Horizons, host Bryce Lord dives into the recent changes to federal overtime rules that are shaking up the nonprofit sector. With new thresholds set by the U.S. Department of Labor, nonprofits face significant challenges in balancing fair compensation with limited budgets. Bryce breaks down what these changes mean, the potential impact on organizations and employees, and offers actionable strategies for nonprofits to ensure compliance while fostering a culture of fairness and sustainability. Tune in to stay informed and prepared as these regulations take effect. Show Notes: Key Topics Discussed: * Introduction to the new overtime rules and their impact on nonprofits. * The financial and administrative challenges posed by the new regulations. * The importance of fair compensation in nonprofit organizations. * Strategies for compliance, including employee reclassification, salary adjustments, time tracking, and policy updates. * The broader implications for employee morale, retention, and organizational sustainability. Resources: * U.S. Department of Labor – Final Rule on Overtime * National Council of Nonprofits – Impact of Overtime Rule on Nonprofits * HR Resources for Nonprofits * Time Tracking Tools for Nonprofits If you found this episode helpful, please subscribe to Nonprofit Horizons, share it with your network, and leave us a review. For more information or to ask questions, reach out to us directly a hbi-info@uwm.edu. Let's keep the conversation going on how to build a more sustainable and equitable nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

Nonprofit Horizons

The Overtime Dilemna

In this episode of Nonprofit Horizons, host Bryce Lord explores the strategies and benefits of federally negotiated indirect cost rates (NCRA) for nonprofits. Indirect costs, which include expenses such as accounting, IT, HR, facilities, and administration, are essential to the smooth functioning of nonprofit organizations. However, recovering these costs can be a challenge. NCRAs provide a way for nonprofits to reclaim some of these crucial overhead expenses and stabilize their funding. Bryce explains the concept of NCRA and its importance in ensuring financial sustainability for nonprofits. He highlights how a well-negotiated NCRA can secure a higher rate, sometimes up to 30% to 40%, compared to the default rate of 10%. This additional revenue can make a significant difference in investing in staff, infrastructure, and capacity building. To help nonprofits navigate the process of obtaining a NCRA, Bryce outlines the key steps involved. This includes identifying the cognizant federal agency, gathering detailed financial records, and submitting an indirect cost proposal. He emphasizes the importance of justifying costs and demonstrating their criticality to program success during the negotiation phase. The episode concludes with a reminder of the bottom

In this episode of Nonprofit Horizons, host Bryce Lord explores the strategies and benefits of federally negotiated indirect cost rates (NCRA) for nonprofits. Indirect costs, which include expenses such as accounting, IT, HR, facilities, and administration, are essential to the smooth functioning of nonprofit organizations. However, recovering these costs can be a challenge. NCRAs provide a way for nonprofits to reclaim some of these crucial overhead expenses and stabilize their funding.Bryce explains the concept of NCRA and its importance in ensuring financial sustainability for nonprofits. He highlights how a well-negotiated NCRA can secure a higher rate, sometimes up to 30% to 40%, compared to the default rate of 10%. This additional revenue can make a significant difference in investing in staff, infrastructure, and capacity building.To help nonprofits navigate the process of obtaining a NCRA, Bryce outlines the key steps involved. This includes identifying the cognizant federal agency, gathering detailed financial records, and submitting an indirect cost proposal. He emphasizes the importance of justifying costs and demonstrating their criticality to program success during the negotiation phase.The episode concludes with a reminder of the bottom

Maximizing Nonprofit Revenue: Understanding Federally Negotiated Indirect Cost Rates

Can trust make or break a nonprofit? Discover the critical role of public trust in the nonprofit sector with Bryce Lord, Associate Director at the Helen Bader Institute for Nonprofit Management at the University of Wisconsin-Milwaukee. Well dive deep into the latest Trust in Nonprofits and Philanthropy Report by Independent Sector, revealing essential metrics and the recent rebound in public confidence towards nonprofits. Listen as we dissect the stark trust gap between nonprofits and philanthropic entities, and why this gap presents both a challenge and an opportunity for the sector. Well discuss why trust is the cornerstone of nonprofit work, influencing everything from volunteer recruitment to program participation, and how clear communication about goals and outcomes can build a resilient foundation of trust. This episode is a must-listen for anyone involved in the nonprofit world, offering actionable insights to help bridge societal divides and foster social cohesion in our communities. Show Notes: * Independent Sector Report: For more information on the report discussed in this episode, visit the Independent Sectors website at www.independentsector.org.  * Ethical Standards: Explore third-party standards for nonprofit governance and ethics through organizations like the National Council of Nonprofits or the Better Business Bureau’s Wise Giving Alliance.  Wed love to hear your thoughts on todays episode. How is your organization building trust in your community? Share your stories and insights on the HBI social media channels using the hashtag #NonprofitHorizons. Your experiences can inspire and guide others in the nonprofit sector.  Special thanks to the Independent Sector for their comprehensive report and to all our listeners for their dedication to making a positive impact through nonprofit work.  Contact Information:  For questions or feedback, contact us at hbi-info@uwm.edu.  Produced by the Helen Bader Institute for Nonprofit Management (uwm.edu/hbi) Send us a Text Message. Support the Show. Thank you for listening to “Nonprofit Horizons” – your essential guide to navigating the nonprofit world. Hosted by the Helen Bader Institute for Nonprofit Management experts, our podcast offers valuable insights, inspiring discussions, and practical tips to help you and your organization thrive. Stay connected with us: * Website: uwm.edu/hbi * Email: hbi-info@uwm.edu Follow us on social media: * Twitter/X: @BaderInstitute * Facebook: facebook.com/hbiuwm * LinkedIn: linkedin.com/hbi-uwm/ * Receive our emails: Stay Connected Support us: * Patreon * UWM Foundation Remember to subscribe, rate, and review us on your favorite podcast platform so you never miss an episode! Thank you for your support. Together, let’s make a difference in the nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

Bridging the Trust Divide in Nonprofits

Prepare to challenge your preconceptions about nonprofit budgets as we embark on a myth-busting journey with the insightful Bryce Lord on Nonprofit Horizons. This episode dismantles the Overhead Myth, providing a fresh perspective on the importance of operational costs in charities. By the end, youll have a deeper understanding of the financial dynamics within nonprofits and why a fixation on low overhead can be counterproductive. Learn more about nonprofit overhead and "The Overhead Myth." * Busting the Myths of "The Overhead Myth"  * Busting the Overhead Myth  * The Overhead Myth: Move Your Nonprofit in the Right Direction  * (Mis)Understanding Overhead  * How does investing in overhead expenses impact the success of nonprofit programs?   * The Catch-22 of Nonprofit Growth  * Nonprofit Heart, Business Mindset: The Business of Impact  * The Overhead Myth: Move Your Nonprofit in the Right Direction  * Understanding Overhead: The Good and Bad for Nonprofits - Lumix CPA  * Nonprofit Mythbusters #1: The Overhead Myth - YouTube  * The Nonprofit Overhead Myth - YouTube  * Its Time to Bust the Nonprofit Overhead Myth - Teresa Huff  Send us a Text Message. Support the Show. Thank you for listening to “Nonprofit Horizons” – your essential guide to navigating the nonprofit world. Hosted by the Helen Bader Institute for Nonprofit Management experts, our podcast offers valuable insights, inspiring discussions, and practical tips to help you and your organization thrive. Stay connected with us: * Website: uwm.edu/hbi * Email: hbi-info@uwm.edu Follow us on social media: * Twitter/X: @BaderInstitute * Facebook: facebook.com/hbiuwm * LinkedIn: linkedin.com/hbi-uwm/ * Receive our emails: Stay Connected Support us: * Patreon * UWM Foundation Remember to subscribe, rate, and review us on your favorite podcast platform so you never miss an episode! Thank you for your support. Together, let’s make a difference in the nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

The Nonprofit Overhead Myth: Separating Fact from Fiction

Explore the essential role of networking in expanding your nonprofits reach, securing critical funding and resources, and positioning your organization as a trusted leader in the sector. Send us a Text Message. Support the Show. Thank you for listening to “Nonprofit Horizons” – your essential guide to navigating the nonprofit world. Hosted by the Helen Bader Institute for Nonprofit Management experts, our podcast offers valuable insights, inspiring discussions, and practical tips to help you and your organization thrive. Stay connected with us: * Website: uwm.edu/hbi * Email: hbi-info@uwm.edu Follow us on social media: * Twitter/X: @BaderInstitute * Facebook: facebook.com/hbiuwm * LinkedIn: linkedin.com/hbi-uwm/ * Receive our emails: Stay Connected Support us: * Patreon * UWM Foundation Remember to subscribe, rate, and review us on your favorite podcast platform so you never miss an episode! Thank you for your support. Together, let’s make a difference in the nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

Networking: Building Bridges, Amplifying Impact

Unlock the transformative power of donor-centric strategies in your nonprofits playbook as we journey through the importance of putting your supporters front and center. Im Bryce Lord, and in our latest episode, we delve into the art of nurturing relationships that go beyond mere transactions, turning donors into dedicated partners in your mission. Discover how to tap into the motivations that drive your donors to give, and learn how to foster trust and transparency that will not only keep them coming back but also turn them into vocal advocates for your cause. From personalized communication to expressing heartfelt gratitude, this episode provides actionable insights into creating a vibrant community of supporters. We share real-world tips on regular engagement, customizing outreach, and leveraging data analytics to deepen your connection with every donor. Whether youre looking to boost your fundraising efforts or enhance your nonprofits reputation, these strategies are designed to yield a network of loyal advocates, ensuring the longevity and impact of your organization. Tune in and transform your approach to donor relations, strengthening the foundation of your nonprofits future. Send us a Text Message. HBI@UWM Pioneering educational programs, applied research & active engagement with nonprofit organizations. Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you. Support the Show. Thank you for listening to “Nonprofit Horizons” – your essential guide to navigating the nonprofit world. Hosted by the Helen Bader Institute for Nonprofit Management experts, our podcast offers valuable insights, inspiring discussions, and practical tips to help you and your organization thrive. Stay connected with us: * Website: uwm.edu/hbi * Email: hbi-info@uwm.edu Follow us on social media: * Twitter/X: @BaderInstitute * Facebook: facebook.com/hbiuwm * LinkedIn: linkedin.com/hbi-uwm/ * Receive our emails: Stay Connected Support us: * Patreon * UWM Foundation Remember to subscribe, rate, and review us on your favorite podcast platform so you never miss an episode! Thank you for your support. Together, let’s make a difference in the nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

Harnessing the Power of Donor-Centric Nonprofit Practices

Discover the seismic shifts in the nonprofit landscape as we grapple with the Wisconsin Supreme Courts decision in Catholic Charities Bureau Inc. v. Wisconsin and its profound implications on religious tax exemptions. This pivotal ruling challenges Catholic Charities and the foundation of how religious organizations operate within legal and ethical frameworks. With the courts narrow majority asserting that activities like providing shelter and food may transcend religious affiliation, this episode of Nonprofit Horizons is an essential listen for anyone invested in the future of nonprofit management and the role of faith-based service in our society. In this episode, we work to disentangle the intricate principles guiding religious tax exemptions from their historical underpinnings to modern-day contention. The Wisconsin case ignites a debate that could reshape the way we view the intersection of religious missions and public welfare. As your host, Bryce Lord, I take you through the nuances of this complex dialogue, weighing in on the courts arguments, the passionate dissent, and the critical role such organizations play in our communities. Tune in to Nonprofit Horizons for a thought-provoking exploration of where we stand—and where we might be headed—in the delicate balance between church, state, and the sanctity of service. Send us a Text Message. Support the Show. Thank you for listening to “Nonprofit Horizons” – your essential guide to navigating the nonprofit world. Hosted by the Helen Bader Institute for Nonprofit Management experts, our podcast offers valuable insights, inspiring discussions, and practical tips to help you and your organization thrive. Stay connected with us: * Website: uwm.edu/hbi * Email: hbi-info@uwm.edu Follow us on social media: * Twitter/X: @BaderInstitute * Facebook: facebook.com/hbiuwm * LinkedIn: linkedin.com/hbi-uwm/ * Receive our emails: Stay Connected Support us: * Patreon * UWM Foundation Remember to subscribe, rate, and review us on your favorite podcast platform so you never miss an episode! Thank you for your support. Together, let’s make a difference in the nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

Faith, Finances & Legal Frontiers

In this episode of "Nonprofit Horizons," we take an in-depth look at the current landscape of the nonprofit sector. Hosted by Bryce Lord from the Helen Bader Institute for Nonprofit Management at the University of Wisconsin–Milwaukee, this episode explores the challenges, opportunities, and innovations shaping the nonprofit world today. From funding hurdles to resource scarcity and the pace of change in our global environment, we examine nonprofits pressing challenges and how organizations are navigating them. Additionally, we uncover the opportunities for growth, impact, and sustainability within the sector, including leveraging technology, embracing diversity and inclusion, and fostering collaboration. Join us as we chart the course for the future of the nonprofit sector, envisioning a world where organizations thrive, communities flourish, and positive change is realized. Whether youre a nonprofit professional, volunteer, donor, or someone who cares about making a difference, this episode offers valuable insights and inspiration to drive meaningful impact in the nonprofit world. Tune in to "Nonprofit Horizons" and join the conversation about the state of the nonprofit sector today and its possibilities for tomorrow. Send us a Text Message. HBI@UWM Pioneering educational programs, applied research & active engagement with nonprofit organizations. Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you. Support the Show. Thank you for listening to “Nonprofit Horizons” – your essential guide to navigating the nonprofit world. Hosted by the Helen Bader Institute for Nonprofit Management experts, our podcast offers valuable insights, inspiring discussions, and practical tips to help you and your organization thrive. Stay connected with us: * Website: uwm.edu/hbi * Email: hbi-info@uwm.edu Follow us on social media: * Twitter/X: @BaderInstitute * Facebook: facebook.com/hbiuwm * LinkedIn: linkedin.com/hbi-uwm/ * Receive our emails: Stay Connected Support us: * Patreon * UWM Foundation Remember to subscribe, rate, and review us on your favorite podcast platform so you never miss an episode! Thank you for your support. Together, let’s make a difference in the nonprofit sector. Hosted on Acast. See acast.com/privacy for more information.

Charting the Future of Nonprofits: Innovation and Community

“Nonprofit Horizons” is more than just a podcast; it’s a platform for education, inspiration, and collaboration within the nonprofit sector. Whether you’re a nonprofit professional, a supporter of nonprofit causes, or simply curious about the incredible work being done in your community and beyond, this podcast is your essential guide to navigating the world of nonprofits.Subscribe today and join us on a journey to discover the heart and soul of nonprofit organizations, learn from their successes and challenges, and be inspired to make a difference in your community.Join HBI Associate Director Bryce Lord for insightful discussions, interviews, and tips to propel your nonprofit forward. Explore sector news, best practices, and success stories, all powered by the Helen Bader Institute for Nonprofit Management at the University of Wisconsin — Milwaukee. Hosted on Acast. See acast.com/privacy for more information.

“Nonprofit Horizons” is more than just a podcast; it’s a platform for education, inspiration, and collaboration within the nonprofit sector. Whether you’re a nonprofit professional, a supporter of nonprofit causes, or simply curious about the incredible work being done in your community and beyond, this podcast is your essential guide to navigating the world of nonprofits.Subscribe today and join us on a journey to discover the heart and soul of nonprofit organizations, learn from their successes and challenges, and be inspired to make a difference in your community.Join HBI Associate Director Bryce Lord for insightful discussions, interviews, and tips to propel your nonprofit forward. Explore sector news, best practices, and success stories, all powered by the Helen Bader Institute for Nonprofit Management at the University of Wisconsin — Milwaukee. Hosted on Acast. See acast.com/privacy for more information.

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Nonprofit Horizons

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