Archive for the
‘GMS Inc’ Category

The Affordable Care Act (ACA) is having an effect on businesses across the country and a nonprofit agency is no exception. One of the main factors determining how your agency will be affected is based on the number of full time equivalent employees your agency employs. To see the IRS definition of a Full Time [...]

In my previous post, I talked about the key roles/positions to pull together on a grant team. If you missed it, you can read it here. I recommend creating a core team of those intimately familiar with the grant application, process, and details of the application and then a support team of those who are supportive [...]

"WAKING UP WITH WISHES" JUNE 21 - 26, 2015 You might be wondering what our theme for the 2015 Summit, “Waking Up With Wishes” is all about, and where the idea came from. For the past 30 years, GMS, Inc. has been leading an annual financial management conference for our non-profit clients. In celebration of [...]

WHAT DOES IT MEAN FOR YOUR ORGANIZATION'S MANAGEMENT, ACCOUNTABILITY AND FINANCIAL REPORTING? General Overview For those of you who are involved in organizations that are required to conform to specific OMB circulars, one of the historically frustrating issues has been duplicative and conflicting guidance when comparing circular to circular. One of the main drives of [...]

When putting together a team for a grant team for an organization, you need to make sure that you have all of your key positions covered within the players at the table: Head grant writer/professional; Finance director/staff; Program director/vice president/manager that will be responsible managing the implementation of the program; Grant manager for funded programs [...]

I often get questions about what is the best approach to a successful grant seeking strategy.  I wish that there were a perfect fool proof grant seeking formula like the featured cartoon above for you to apply within your organization in order to generate the grant revenue necessary to implement your programs and achieve your [...]

By Robin Berseth, Events and Technology Director, GMS, Inc. With recent upgrades and security improvements to our website, following is important information to better help you navigate using the Client Portal. When using the Client Portal you will find everything you need to successfully download our nonprofit accounting or revolving loan software, order forms, request help, provide feedback, [...]

BY DIANE H. LEONARD, GPC MEGAN HILL, SUSTAINABILITY Written by Megan Hill of Professional Grant WritersTips for writing the sustainability section of your grant proposal One of the most neglected aspects of any grant proposal — federal, state, or foundation — is the sustainability section. Funders often ask how your organization plans to sustain its [...]

Where did you work before joining GMS and what role did you play? I was the Finance Director at Community Action Committee of the Lehigh Valley in Bethlehem, PA. Prior to that I was in public accounting. What role(s) at GMS did you play before becoming CEO? I was originally hired as Field Staff, and [...]

In any type of business, accurate reporting is essential for both internal and external purposes. And nonprofit accounting is certainly no exception. The typical nonprofit fiscal office needs to produce and distribute information to a variety of people for a variety of purposes. There has to be detailed financial reports for all programs within the [...]